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Green buildings a ‘triple win’, study says

A survey of 2,000 building professionals has revealed that the demand for more efficient, sustainable buildings is growing rapidly thanks to cost savings, health benefits and reduced energy use.

A survey of 2,000 building professionals has revealed that the demand for more efficient, sustainable buildings is growing rapidly thanks to cost savings, health benefits and reduced energy use.

The World Green Building Trends 2018 report, published by Dodge Data & Analytics, shows that the majority of architects, engineers, contractors and other building professionals across 86 countries expect most building projects to be “green” by 2021.

In some regions, existing demand for green building activity - which includes retrofitting old buildings as well as new builds - could double.

‘Sustainability shift’

“As the world’s largest provider of building technologies, we’ve seen the shift toward more efficient, sustainable buildings”, said Chris Nelson, president of commercial HVAC at Carrier, which sponsored the research.

“The fact is, green buildings provide a triple win – delivering measurable benefits for building owners, occupants and the public from reduced operating costs, improved indoor air quality and reduced energy consumption. The trends uncovered in this report reflect what we’re seeing in our business – building green is good for the public health, the environment, and the bottom line.” 

Thanks to new technologies, green building retrofits and renovations can now yield operating cost savings of almost ten per cent in the first few years, the report states.

The perception that green building costs more than traditional construction has also declined dramatically from over three quarters in 2012 to less than half.

Healthy buildings

Meanwhile, making buildings ’healthier’ has emerged as a top green priority, with social impacts such creating a sense of community and improving well-being seen as increasingly important.

“Around the world, green building is considered to have an impact beyond significant environmental benefits, such as increased employee productivity and satisfaction”, explained Terri Wills, chief executive of the World Green Building Council.