Environmental Responsibility is a Core Value at Wedgewood
As a real estate investment firm in Southern California, the founders of Wedgewood expected that the extent of their green initiative would be simply making sure lights were turned off in all unused offices or asking employees to minimize the use of their printers.
Early on, Wedgewood was committed to creating a healthy workplace environment for their employees – one that required a substantial investment in reducing unnecessary waste and utilizing other forms of energy.
Protecting and maintaining the health of the environment is a core Wedgewood value. As part of this commitment, they installed a large solar rooftop and carport solar panel system at their headquarters, invested in solar charging stations, and upgraded the company fleet to energy efficient cars.
Wedgewood’s solar system generates approximately 1,023,000 kilowatt hours of energy per year. In one year that has the equivalent effect of eliminating the greenhouse gas emissions of over 2,000,000 commuting miles and the CO2
emissions from 80,000 gallons of gasoline – the equivalent of planting 578 acres of forests.
Wedgewood’s fleet of company cars are hybrid and CNG vehicles. With increased fuel efficiency and lower emissions, these cars are better for the environment. Wedgewood encourages employees to drive electric vehicles by offering free solar car charging stations that provide an economic incentive to their employees for supporting a cleaner environment.
While Wedgewood’s business involves the purchase of foreclosures at auction and the rehabilitation and resale of these homes, they are committed to doing their part to make the planet a cleaner place to live.
About the author: Greg Geiser, CEO, Wedgewood – As Founder, President & CEO, Greg has laid the foundation of Wedgewood’s corporate vision. He founded Wedgewood in 1985 after starting his career at Murdock Development Company as Assistant to the President of Murdock Hotels Corporation. Earlier in his career, he worked as a financial analyst at Crocker Bank in San Francisco. Greg earned his B.S. in Civil Engineering from Oklahoma State University in 1980, and his M.B.A. from UCLA’s Graduate School of Management in 1982.
This article has been kindly sponsored by Wedgewood in an effort to encourage more business to become environmentally responsible. House image from BigStock