Real estate and construction industry has been on the Eco-firing line for a long time now. Every government has or is in the process of formulating green building regulations with the most popular one being LEED. LEED (Leadership in Energy & Environmental Design) is an internationally recognized green building certification system, providing third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.
Developed by the U.S. Green Building Council (USGBC), LEED provides building owners and operators a concise framework for identifying and implementing practical and measurable green building design, construction, operations and maintenance solutions. Similar regulations and guidelines are afoot in most of the other developed and developing nations. Goldman Sachs (GS, news, msgs), Hearst, IBM Corp. (IBM, news, msgs), JPMorgan Chase (JPM, news, msgs) and Toyota Motor (TM, news, msgs) all have made the move into “green” buildings.
GA team is in tune with the sustainable construction practices and also understands the environmental and commercial indispensability of ‘green process & practices’ adoption. On average, green buildings save 10% of utility costs each year — and sometimes much more. Genzyme’s corporate headquarters in Cambridge, Mass., spends 42% less on energy and uses 34% less water than a similar traditional building would. As further advancement in the technology and efficiency of sustainable material and processes take place, green construction will become more cost-effective and easy to adopt.