Is Building Green Good for Business?
A comprehensive report from the World Green Building Council examined the financial value to the cost and benefits of green buildings.
A new comprehensive report from the World Building Council (WorldGBC) examined whether or not it's possible to attach a financial value to the cost and benefits of green buildings.
The article argues that "green buildings can be delivered at a price comparable to conventional buildings and investments can be recouped through operational cost savings – and with the right design features, can create a more productive workplace."
In a statement, WorldGBC said that the report synthesized credible evidence on green buildings and the tangible benefits that come with it.
Key findings include:
- Building green does not necessarily need to cost more, especially with cost strategies, program management, and environmental strategies as part of the development process.
- Green buildings have been shown to save money through reduced energy and water use, and lower long-term operations and maintenance costs.
- Green buildings can also be attributed to providing a healthy indoor environment that improves worker productivity and occupant health and well-being.
The report concludes that the green building industry can deliver on large scale economic priorities, and play a fundamental and cost-effective role in tackling some of the immediate changes of our time.
Source: Greenbiz.com
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