Real Estate Investor Magazine South Africa September 2013 | Page 17

UPFRONT increasingly unable to compete with the trailblazers who benefit from massive costsavings and eff iciencies, and the laggards will eventually find themselves trying to play catch-up, or will simply be left behind. Bottom line: more profitable business All these factors add up to one conclusion: green business is more profitable business. There are many thousands of green case studies and success stories across the globe. To mention just one, close to home, Woolworths has saved more than R100 million since 2004 through their sustainability strategy – referred to as its Good Business Journey – which is globally regarded as one of the most innovative and encompasses an array of energy-saving measures across its stores, offices and distribution centres. The savings have mainly been achieved through employee education and intelligent technology from lighting to refrigerators. And increasingly property owners, landlords and tenants are recog ???????????????????????)??????????????????????????????????????)?????()M??????5???!???? ???????????????()1???=??????? ?????????????? ????)Q????1??????? ????(??)!????? ???????Y??????A???????M???(??((???((??)??????????=????????????M????????????(??)!????I?????I???(??)%???????Q?????A???????(??)!?????=?????????I???(??()Q?????????????????????)%????????????????????????????????????)???????????????????????????????????????)?????????????????????)??????????????(+?qQ????????????????????????????????????)?????t?????????!??????????? =