How Green Globes Helps Building Owners

Building owners need an asset management and executive coaching tool to help them streamline the process of developing portfolio-wide action plans, interface with the activities of their property managers and motivate them, monitor corrective action and market their buildings to tenants.

Green Globes helps you to:

Benchmark your building's performance and compare it to others in your portfolio
An intelligible, comprehensive report highlights the strengths and weaknesses, and measures the performance of each building and its operations. You can easily compare it at a glance with reports on other buildings in your portfolio. Once verified by a third party, the data are added to the pool of data from all buildings that have been assessed, and quintile scores are generated. This will give you a general idea of how your building (and its management) are performing compared to a sample of building stock.

Find out where and how much you can save
The report indicates potential savings for energy and water. For example, in addition to energy savings from capital improvements, up to 10% in savings can be achieved through management measures alone.

Respond to tenant expectations
Tenants increasingly demand healthy indoor environments and, in offices, high productivity features such as healthy indoor air, lighting and acoustic features. While the tenant derives the benefits of a healthy indoor environment, it is you, the building owner who must provide it and pay the costs. Therefore you need to know specifically how to achieve this in a cost-effective way. You must also get credit in the marketplace for doing so!

Integrate energy conservation and IAQ protocols
Energy and IAQ are related issues, which have traditionally been dealt with in an isolated fashion. A comprehensive approach is more cost effective. For example, the difference in approach between an energy conservation plan and an energy efficiency plan goes beyond mere semantics. Energy conservation may adversely affect productivity, whereas energy efficiency is planned in a context that considers the needs of occupants and saves money as well.

Ensure due diligence
Green Globes includes a module on emissions, effluents, hazardous materials, storage tanks and WHMIS.

Generate an action plan
The report suggests ways to improve the building. This, along with the data on its performance and potential savings will help you develop, with your property manager, an action plan and decide where to focus your resources.

Provide on-going environmental training for staff
On the job training is made possible with direct links from your report to additional sources of information to improve your building and its operations.

Monitor improvement
You can monitor the performance, corrective action and improvements of your building and its management.

Market your strengths
Recognizing your tenants' desire for a healthy living/work environment can be a marketing opportunity especially when tenants are willing to pay for good indoor environmental quality. "Achievement Highlights" indicate areas of superior performance of the building and the way it is being managed. Use them as a basis to develop a BOMA Earth Awards submission!