The Green Building Council SA (GBCSA), together with sponsor Nedbank Corporate Property Finance, will officially launch the new Green Star SA rating tool for existing building performance at the Global Green Building Convention 2013 under way in Cape Town.
The new rating tool will address demand from an entirely new segment of the property market in South Africa and allow effective and objective measurement of an existing building’s environmental performance in operation.
It will assess key performance indicators relevant to specific environmental issues, such as energy and water consumption.
“This is a powerful tool, giving property owners the chance to make every building a greener building, thus leveraging the benefits such as lower operating costs, higher returns on assets and increased property values,” said Frank Berkeley, the managing executive for Nedbank Corporate Property Finance.
To date, the GBCSA’s efforts have focused on new buildings, advocating specific design and technical interventions to be implemented before and during construction to improve environmental impact and performance.
“It is a natural progression of the rating tools currently at our disposal, and unlocks a whole new frontier for the GBCSA,” council chief executive Brian Wilkinson said.
“Because new buildings only account for about 1 percent to 2 percent of a company’s property portfolio, the existing building performance rating tool is a game changer, allowing all property owners to embrace environmental sustainability across their entire building stock,” Wilkinson said.
This new rating tool signals the GBCSA’s shifting focus to include transformation of the existing building stock in South Africa, where a critical mass can be leveraged and make a substantial difference in the impact of the built environment on the natural environment.
“The existing building performance tool focuses firstly on understanding the issues, and then managing existing buildings more efficiently and sustainably,” GBCSA project manager Francois Retief said. – Business Report
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