Green Building Business Benefits
Green building research is demonstrating that green companies will benefit in ways far greater than reduced utility bills, creating a smaller carbon footprint, and lowering energy and water usage. Here are some benefits of green buildings that often get overlooked, but are important nonetheless.
Higher Cash Flow
Global warming from carbon dioxide emissions and the cost of energy are major topics of discussion around the world. Most governments have committed to reducing carbon emissions and improving energy usage with a particular focus on energy in commercial buildings. Responsible business and building owners play a part in reducing global warming, at the same time this ensures their employees are comfortable, while controlling their capital expenditure.
Transparency and a commitment to green sustainability appeals to investors as it serves as a symbol of business quality, long-term thinking and functionality.
Increased Employee Loyalty
There is a demonstrated increase in recruiting and employee loyalty as a result of working in a green building. By proactively communicating a commitment to corporate responsibility and making smart energy-efficiency decisions, companies can influence the commitment of their employees. More than simply a corporate buzzword, green buildings provide tangible improvements to employee comfort- as they utilize natural sources of light, solutions like plants to oxygenate the air. The gesture of providing a healthy place to work generates reciprocity from the employee who feels valued, and wants to give value in return.
People who are happy and healthy at work will play an important role in the success and overall competitiveness of the business. Access to natural light, air circulation and controlled temperatures of green buildings means increased occupant comfort and fewer sick days.
Happier and more productive Occupants
Access to natural light, air circulation and controlled temperatures of green buildings means increased occupant comfort and fewer sick days. For example, in a building that has window film, the occupants report reduced glare, controlled temperatures and access to natural light because of the elimination of the need for window coverings. This simple improvement positively impacts employee outlook and productivity. People who are happy and healthy at work will play an important role in the success and overall competitiveness of the business.
Higher Asset Value
Whether you’re retrofitting your existing building to meet LEED certification standards or you’re building a green structure from the ground up, investors and occupiers are becoming more versed on the environmental and social impacts of green buildings. This means green buildings will have increased marketability both to prospective tenants and future owners. Tenants are generally willing to pay higher lease rates for the features and benefits of a green building, compared to a building that doesn’t subscribe to green technology.