Synergy Releases First Emissions Report Guiding its Journey to be Carbon Neutral by 2030

Baseline report produced by GreenFeet provides statistical measurement to track Synergy’s progress in reducing its global carbon footprint

San Ramon, CA, October 11, 2022 — Today, Synergy Global Housing (Synergy), a leader in serviced accommodation program management, announced it has received its first emissions report from sustainability software company, GreenFeet. In line with the Greenhouse Gas (GHG) protocol, the report will act as a baseline emissions measurement as Synergy aims to reduce its carbon footprint to be carbon neutral by 2030. 

“For our sustainability program, it’s critical that we understand where we sit as a company first and foremost,” said Debra Christopher, President of Synergy. “With this first emission report, we now have a baseline to understand our current state of emissions and what we can do to act upon it, make better educated choices and further our efforts toward being a sustainable housing company.”

Synergy provided GreenFeet with data from 2019 through 2021 to form this baseline. After careful assessment of the three years of data, GreenFeet selected 2021 as the baseline year for the report, noting it provided a true representation of the company’s business globally. Major areas measured were fossil fuels, electricity, vehicles and business travel, as well as real estate related emissions.

Some key findings of the report which can be found here are:

  1. Synergy’s overall emissions = ~5000 tons of CO2e
  2. Over 90% of Synergy’s emissions originate from real estate properties
  3. An organization-wide “per unit” intensity metric has been created which will enable Synergy to track the year-over-year progress made toward the company’s goal of being carbon neutral by 2030
  4. Synergy will track and measure emissions on a quarterly basis via the GreenFeet platform

Each step in Synergy’s comprehensive sustainability plan is benchmarked against the United Nation’s 17 Sustainable Development Goals in a broader effort to align to the Business Travel Association’s (BTA) recent three-step environmental, social and governance (ESG) campaign. Synergy’s ultimate objective is to do its part to help fulfill the goals outlined by the 2016 Paris Agreement to limit the global temperature increase to 1.5°C (compared to pre-industrial levels).

Upward angle of trees in a forest.

“We’re extremely pleased to be working with Synergy to help them measure their carbon emissions as they strive to be carbon neutral by 2030,” said Lisa McKelvey, Co-founder of GreenFeet. “This baseline report is the first step in a meaningful sustainability program which includes measuring, setting and evaluating goals, reducing emissions, offsetting and reporting.”

GreenFeet empowers people, companies and organizations with easy to configure, accurate visibility into their CO2 emissions to assess options and, ultimately, change behaviors and reduce emissions quickly.

The GreenFeet partnership adds to a growing number of sustainability initiatives currently in motion for the global serviced apartment program manager, including:

  • A “Green Leaf” program that ranks the sustainability levels of Synergy’s global property offerings. Working closely with supplier partners, each of Synergy’s global property profiles will soon display a leaf ranking system to help inform environmentally conscious guests of the property’s sustainability levels
  • The removal and replacement of all single-use plastics in the apartment with environmentally friendly glass, paper and microplastic-free options
  • An internal training program to educate and empower Synergy associates on making small eco-conscious changes at work and home

About Synergy Global Housing:

Founded in 1999, Synergy is an international serviced accommodation provider headquartered in San Ramon, CA, delivering a superior hospitality-driven extended-stay experience to the business travel and mobility industries. Providing best-in-class housing and services in over 2,000 cities in more than 85 countries, the company has offices in China, Singapore, India, England, Ireland and multiple locations throughout the United States.

Recognized globally, Synergy’s recent awards include the 2022 Operations Team of the Year from the Business Travel People Awards; 2022 and 2020 Serviced Apartment Provider of the Year Regional/Global from Relocate Magazine; 2021 Corporate Housing Provider of the Year from the Forum for Expatriate Management (FEM) U.S. and EMEA regions; 2021 and 2020 Corporate Housing Provider of the Year from the Corporate Housing Providers Association (CHPA); and the 2020 Corporate Business of the Year from the Association of Services Apartment Providers (ASAP).

Synergy is a member of The Ascott Limited (Ascott), a leading international lodging owner-operator based in Singapore. Spanning more than 200 cities in over 40 countries, Ascott’s serviced residence and hotel brands include Ascott, Citadines, lyf, Oakwood, Quest, Somerset, The Crest Collection, The Unlimited Collection, Préférence, Fox, Harris, POP!, Vertu and Yello. Ascott is a wholly-owned subsidiary of CapitaLand Investment Limited (CLI), one of Asia’s largest diversified real estate groups headquartered and listed in Singapore and Malaysia. Today, Ascott boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

About GreenFeet:

GreenFeet is an easy to use and cost-effective sustainability platform designed for organizations of all sizes. GreenFeet helps organizations to easily put in place a sustainability program, everything from calculating carbon emissions to goal setting, reduction initiatives, offsetting, reporting and more. GreenFeet's mission is to help reduce the world's carbon footprint by providing an easy to use and accessible solution for companies of all sizes to quickly and efficiently manage and ultimately reduce their emissions in line with international agreements and targets.

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