Green buildings are structures designed to promote sustainability by conserving natural resources and conserving water and energy usage, lowering greenhouse gas emissions, and improving air quality indoors. Green buildings may include homes, offices, or hospitals and are intended to conserve these vital resources while saving water and energy consumption, reduce emissions from vehicles, improve indoor air quality and save on greenhouse gas emissions.
Green living has many benefits that go well beyond environmental concerns and into your personal life.
Reduced Energy and Water Consumption
Green buildings seek to reduce energy and water consumption in order to decrease operating costs, using solar power, recycled materials or eco-friendly appliances as means. A green building may also incorporate smart landscaping (also called xeriscaping) that uses plants that require less water or utilize rainwater in order to decrease outdoor water usage.
Heating and cooling represent 43% of a typical building’s energy use and are responsible for producing 46% of greenhouse gases produced by it. Green buildings use energy efficiency measures like insulation or high-efficiency HVAC systems to lower these costs and make a contribution towards reduced greenhouse gases emissions.
Green buildings use solar panels and other renewable energy sources that depend on weather conditions to produce power, making them susceptible to fluctuating energy prices. Yet studies have revealed that occupants in green buildings report lower self-reported levels of sick building syndrome symptoms and increased work productivity while feeling more at ease inside them than traditional buildings [45]
Reduced Carbon Footprint
Carbon footprint of buildings refers to the total amount of greenhouse gases they release into the atmosphere during their lifespan. As these emissions contribute significantly to climate change and global warming, lowering your carbon footprint is crucial in creating a greener world.
Many green building techniques seek to lessen a building’s environmental footprint by cutting energy consumption and waste production. Renewable energies like solar power help cut emissions while natural light reduces electric lighting needs.
Green buildings contribute to reduced carbon emissions by recycling construction materials and using eco-friendly alternatives such as recycled plastic bottles for roofing material, while also avoiding harmful materials that have been linked with respiratory ailments and cancer risk – saving landfill space! In addition, sustainable landscaping techniques help green buildings reduce their carbon footprint even further by limiting rainwater runoff and replenishing groundwater supplies.
Increased Occupant Comfort
Green buildings employ eco-friendly construction practices that promote a healthier building environment for those who inhabit them, including using non-toxic and eco-friendly materials, optimizing natural resources like sunlight and water resources, and minimizing their negative impact on local ecosystems.
Studies have demonstrated that green buildings provide superior indoor environmental quality (IEQ), providing their occupants with significant health benefits. These benefits include reduced respiratory symptoms related to sick building syndrome, higher productivity and well-being for workers in these buildings, greater satisfaction with thermal comfort, lighting, ventilation and air quality issues in these spaces and greater satisfaction overall with them as places of work.
Newsham et al conducted an experiment comparing 12 green office buildings with conventional office buildings, and discovered that employees working in green buildings reported higher levels of satisfaction with all IEQ factors except acoustics. Furthermore, green building occupants experienced less headaches, eye strain, and discomfort related to noise pollution compared to conventional office buildings; as the science surrounding green buildings and IEQ develops further these positive effects are likely to increase further.
Increased Property Value
Green buildings provide owners with several benefits, including lower maintenance costs, risk mitigation and increased revenue generation.
Utility costs are an ongoing cost for any property and green buildings can substantially lower them. Commercial properties that reduce energy consumption by 10% could save approximately $50k annually on their utility costs.
These cost savings also reduce pass-through expenses to tenants, increasing net operating income (NOI). Therefore, green buildings often command premium rent rates.
Additionally, consumer awareness of sustainability trends can have a beneficial effect on property values. This is especially true when green buildings are located in prominent areas with strong brand associations; as a result, green buildings have become an asset class in their own right that provide developers, brokers, and investors a competitive edge.