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Legg Mason's Baltimore Headquarters at Harbor East Awarded LEED Certified Gold

Legg Mason's Baltimore Headquarters at Harbor East Awarded LEED Certified Gold

Published 10-19-10

Submitted by Franklin Templeton

/PRNewswire/ - Legg Mason, Inc., (NYSE: LM) today announced that is has been awarded LEED® (Leadership in Energy and Environmental Design) Certified Gold for the space it occupies at its headquarters in Harbor East. The certification is established by the U.S. Green Building Council and is verified by the Green Building Certification Institute (GBCI). The base building has achieved the U.S. Green Building Council Silver certification.

LEED is the nation's preeminent program for the design, construction and operation of high performance green buildings. Over 32,000 projects are currently participating in the commercial and institutional LEED rating systems, comprising over 9.6 billion square feet of construction space in all 50 states and 114 countries.

"As a local business leader, we are very concerned with our environmental and economic impact on the community. We are dedicated to reducing our energy dependence while increasing efficiencies and lowering costs. Additionally, we had a unique opportunity to partner with the property's developer, Harbor East Development Group, and our interior design firm, Gensler, to capitalize on key sustainable design elements built into the base building," stated Joe Sullivan, Chief Administrative Officer for Legg Mason.

Legg Mason's Harbor East facility includes the following features:

  • Low flow water fixtures that reduce usage more than 20%;
  • An investment in renewable energy that is equal to 100% of the electrical power that the facility uses;
  • Nearly 30% of the total building materials content were manufactured using recycled materials and were sourced from local manufacturers where possible, reducing the carbon footprint;
  • Open floorplan layouts and extensive use of glass which allows over 95% of all spaces to have a direct line of sight to the exterior maximizing the use of natural light and reducing the need for electricity;
  • State-of-the-art video conferencing facilities which reduces consumption of fossil fuel due to less frequent travel between offices for meetings.

Legg Mason is committed to being a responsible global corporate citizen and views that commitment both as a strategic priority and as an ethical mandate. We are focused on sustainability, we support philanthropic and community initiatives, we value diversity and inclusion in our thinking and our workforce, and we have a strong culture of honor and integrity. For more information on Legg Mason's Citizenship report, access: http://www.leggmason.com/about/citizenship/overview.aspx.

About the U.S. Green Building Council

The Washington, D.C.-based U.S. Green Building Council is committed to a prosperous and sustainable future for our nation through cost-efficient and energy saving green buildings. With a membership comprising 78 local chapters, more than 20,000 member companies and organizations, and more than 80,000 LEED Accredited Professionals, the U.S. Green Building Council is the driving force of an industry that is projected to soar to $60 billion by 2010. The U.S. Green Building Council leads an unlikely constituency of builders and environmentalists, corporations and nonprofit organizations, elected officials and concerned citizens, and teachers and students.

About Legg Mason

Legg Mason is a global asset management firm with $674 billion in assets under management as of September 30, 2010. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

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