Clinton Global Initiative Recognizes AEG for their Commitment to Action to
Create Farmers Field, Nation’s First Carbon-Neutral NFL Stadium
New NFL stadium, event center and modernized Los Angeles Convention Center raise the bar forsustainable entertainment and business development in a major urban area.
NEW YORK — Sept. 20, 2011 —At the Clinton Global Initiative (CGI) Annual Meeting today, leading sports and entertainment presenters AEG were recognized by former President Bill Clinton for their Commitment to Action to invest $1 billion to build Farmers Field, a 72,000-seat, downtown Los Angeles football stadium and event center. As part of AEG’s commitment, the Los Angeles-based organization is working with partners, including the U.S. Green Building Council and the Natural Resources Defense Council (NRDC), to ensure that Farmers Field will be the most environmentally sustainable stadium in the world and the first stadium in the NFL to be LEED certified.
“We are so proud to have a company in Los Angeles being honored by the Clinton Global Initiative for their proven track record of providing the most innovative solutions to environmental issues while also creating jobs and opportunities for the community," Mayor Villaraigosa said. "Their tireless commitment to innovative, environmental programs such AEG 1 EARTH has set the precedent for the sports and entertainment industry across the world to follow.”
Through this Commitment to Action, AEG pledges to work closely with CGI to monitor environmental results and report back on progress. This comes on the heels of a bill passed by an overwhelming 80 percent majority of the California State Senate and Assembly that will require AEG to ensure that Farmers Field is 100 percent carbon neutral for all emissions generated from private automobile trips to and from the stadium and for Farmers Field to have the best ratio of fans to automobiles in all of the NFL. The stadium will prioritize on-site and local projects before purchasing carbon offsets to support local economic development while ensuring positive environmental and social impacts. In addition, as part of their Commitment to Action, AEG will go beyond legal requirements to achieve carbon neutrality for all emissions from energy consumption and mechanical operations of the stadium. Combining these commitments with additional measures, such as water conservation and robust waste and recycling programs, including the donation of durable goods and an in-house composting program, will create the nation’s most comprehensive environmental program for an NFL stadium.
“The Clinton Global Initiative is a forum for visionary companies and leaders who are committed to designing a sustainable future for individuals, businesses and communities, by repurposing business methods and culture to solve critical global problems,” said former President Bill Clinton. “AEG has proven to be the world’s most environmentally conscious venue operators, and Farmers Field will be another true example of their mission to marry design, innovation, social responsibility and community engagement, resulting in a measurable impact for future generations. I commend AEG as a model socially responsible company that is the hallmark of CG
“Farmers Field will be an example of the next generation of sports and entertainment venues, where a world-class fan experience goes hand in hand with social and environmental responsibility,” said Tim Leiweke, AEG president and CEO. “We have focused during the last four years on working with some of the most respected environmental organizations in the country to create a blueprint for the stadium and, through the AEG 1EARTH program, to create the most comprehensive environmental program in the sports and live entertainment industry. Our CGI Commitment to Action underscores AEG’s dedication and accountability for making this vision a reality. We are honored to be recognized by President Clinton and this prestigious organization.”
“Through Farmers Field, AEG is making the most environmentally responsible choice possible, with commitment beginning at the point of development,” said S. Richard Fedrizzi, president, CEO and founding chairman, U.S. Green Building Council. “Investing in sustainable construction and weaving carbon and waste programs into the fabric of a venue, its operations and its surroundings creates the lowest impact on our environment and the greatest return for the company.”
The Commitment to Action at CGI comes just weeks after the groundbreaking environmental components of the project helped garner the support of two of California’s most respected environmental groups — the NRDC and the California League of Conservation Voters.
“NRDC applauds AEG’s commitment operate the most energy efficient football stadium in the nation at Farmers field to develop a best-in-the-nation public transit infrastructure for fans and to offset the carbon emissions associated with all fan travel by cars and busses,” said Allen Hershkowitz, PhD., senior scientist, Natural Resources Defense Council. “Given AEG’s proven record as the worlds’ greenest arena operators and their commitment to work with environmental and community groups in developing their plan, I have every confidence that this goal will be achieved.”
....“Members of organizations across the city have come together to make Farmers Field a reality,” said Los Angeles City Councilwoman Jan Perry. “We know that the entire city — even state — will benefit from the addition.”
“Our focus locally lies not only on the environmental goals, but on the tens of thousands of jobs and tens of millions of economic benefits to the state,” Speaker John A. Pérez said. “AEG has been able to generate an opportunity for economic development without sacrificing our environmental standards.”
“The construction of a news sports arena and convention center will create thousands of jobs and be an economic boost for the City of Los Angeles, the region and the state,” Senator Alex Padilla said. “Unlike other stadium projects, this one will be built without any public funds and be built to unprecedented environmental standards.”
AEG’s plan is both environmental and economic. It is estimated that Farmers Field construction will create 23,000 jobs, including 12,000 full-time jobs during the construction process and 11,000 more permanent jobs at the convention center. The Los Angeles Convention Center modernization and expansion and Farmers Field project is projected to generate more than $600 million in total economic activity, raising more than $40 million in new city, county and state tax revenues.
"With record unemployment above the national average, the creation of 23,000 middle-class jobs for construction and hotel workers, stage hands, grips and janitors is critical to Los Angeles," said Maria Elena Durazo, executive secretary-treasurer of the Los Angeles Federation of Labor, AFL-CIO. "Our top priority is to get men and women back to work in a good job."
More information and a complete look at the 2010 AEG 1EARTH sustainability report are available at http://www.aegworldwide.com/08_corporate/aeg1earth-report.html.
Photo courtesy WireImage/AEG (Left to Right: Steve Bing, Founder of Shangri-La Industries; Tim Leiweke, President & CEO, AEG; Former President Bill Clinton; Casey Wasserman, Chairman & CEO, Wasserman Media Group)
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