Contact: Michelle Malanca
World Green Building Council Showcases Cost-Effective Green Building Benefits Throughout the World
LONDON (March 6, 2013) — A new comprehensive report released from the World Green Building Council (WorldGBC), highlights that there are a large number of compelling benefits from green buildings received by different stakeholders throughout the life cycle of a building.
The report, “The Business Case for Green Building: A Review of the Costs and Benefits for Developers, Investors and Occupants,” examines whether or not it’s possible to attach a financial value to the cost and benefits of green buildings. Today, 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, create a more productive workplace.
“This report synthesizes credible evidence from around the world on green buildings into one collective resource, and the evidence presented highlights that sustainable buildings provide tangible benefits and make clear business sense,” said Jane Henley, CEO of WorldGBC. “From risk mitigation across a building portfolio and city-wide economic benefits, to the improved health and well-being of individual building occupants, the business case for green building will continue to evolve as markets mature. Indeed we have already seen this momentum grow globally where in more and more places, green is now becoming the status quo.”
Key findings include:
The report concludes that illustrating that by greening our built environment at the neighborhood and city scales, the green building industry can deliver on large-scale economic priorities such as climate change mitigation, energy security, resource conservation and job creation, long-term resilience and quality of life.
“This report underscores that green buildings play a fundamental and cost-efficient role in tackling some of the immediate challenges of our times,” said Rick Fedrizzi, chair of the WorldGBC and president, CEO and founding chair of the U.S. Green Building Council (USGBC). “The WorldGBC is proud to continue to play a leadership role in the explosive growth of global green building industry as we all continue to create a world that will give people better, brighter, healthier spaces to live, work and play.”
This report was produced in partnership with PRP Environmental along with the following sponsors: Skanska, Grosvenor, and the Abu Dhabi Urban Planning Council/Estidama.
About the World Green Building Council
The World Green Building Council (WorldGBC) is a network of national Green Building Councils (GBCs) from around the world, making it the largest international organization influencing the green building marketplace. Green Building Councils are member-based organizations that partner with industry and government in the transformation of their building industries towards sustainability through the adoption of green building practices. On the ground in over 90 countries, GBCs create change in their local markets as a way to globalize environmentally and socially responsible building practices. Visit: www.worldgbc.org