LAS VEGAS – The Private Bank by Nevada State Bank released the 24th edition of its High Net Worth Report series. The Winter 2016 edition focuses on the environment and conservation in Nevada. It includes a guest column by Tom Warden, senior vice president of community and government relations for The Howard Hughes Corporation, who writes about Summerlin’s history of land preservation and environmental awareness.
Highlights from the report include the following:
– More than 8 in 10 high net worth households in Nevada believe ensuring long-run water resource stability is an important or very important state priority, according to a 2014 survey by Nevada State Bank. In the same survey, 41 percent of respondents said protecting the environment and slowing global warming are important or very important priorities.
– Amid worsening regional drought conditions, water conservation programs in Southern Nevada have contributed to a 41-percent decline in daily per capita water use since 1990. Today, Southern Nevada uses as much total water as it did more than a decade ago, even though it is home to 500,000 additional residents.
– Among states, Nevada has the highest share of land that is protected by either state or federal designation. Nearly 83 percent of the state’s 71 million acres is officially protected, including national forests, state and national parks, recreation areas and the 41 million acres of land overseen by the Bureau of Land Management.
– Nevada is home to 187 certified green buildings, including 36 that have achieved the highest rating of Platinum. Another 225 buildings in the state have applications pending for LEED certification, as well. Compared to other states, Nevada has the fifth-highest share of Platinum ratings among its certified buildings.
– In 2014, 33 percent of new single-family homes built in Nevada were Energy Star certified, giving it the third-highest share among the states. The national average was 12 percent. Energy Star estimates that Nevada’s certified homes saved more than $913,000 in utility costs during 2014.
“Environmental issues are a concern for many Nevadans, and high net worth households are no different,” said Randy Boesch, The Private Bank’s executive vice president. “We must continue to build upon the many great strides our state has made in preserving and protecting Nevada’s natural beauty and limited resources for future generations.”
The Private Bank publishes the High Net Worth Report quarterly. Briefings are available on Nevada State Bank’s website at www.nsbank.com/HNWreport or by contacting The Private Bank directly at 702.855.4596.
About The Private Bank by Nevada State Bank
The Private Bank by Nevada State Bank provides a full range of personalized financial services for high net worth and high-income clients, including deposit and lending services and wealth management planning.
About Nevada State Bank (@nevadastatebank)
Nevada State Bank, a division of ZB, N.A., is a full service bank offering a complete range of consumer, private and business banking services with branches statewide. Founded in 1959, Nevada State Bank serves 20 communities across the state of Nevada. ZB, N.A.’s parent company is Zions Bancorporation, which is included in the S&P 500 and NASDAQ Financial 100 indices (NASDAQ: ZION). For more information on Nevada State Bank, call 702.383.0009 or access www.nsbank.com.