Real Estate Investor Magazine South Africa September 2014 | Page 19

UPFRONT Bringing Green Building home Green buildings are energy and water efficient, emit less carbon dioxide and make good use of space and design, all of which have been shown by studies to be good for employee productivity, health and morale. “We are moving out of the industrial revolution and into the sustainability revolution and everyone needs to embrace this move,” says Brian Wilkinson, CEO of the Green Building Council of South Africa (GBCSA). While ‘going green’ and green building is increasingly in focus on an international level, the GBCSA and its Green Building Convention in September is putting the spotlight on Africa and bringing green building and sustainable practises home. This event will showcase how green building has and can change lives on our very own continent, and how in some ways, Africa is leading in the green building space. “Green building is now firmly on the agenda of many boardroom meetings in the African property industry, and reaching into a growing number of countries, the green building movement is demonstrating with increasing confidence and credibility that we can take on, often at minimal cost, the big issues of our time: excess energy consumption and related CO2 emissions from burning carbon fuels; pollution of air, water and www.reimag.co.za land; depletion of natural resources; and disposal of waste,” says Wilkinson. And South Africa is leading the way. High energy consumption, environmental stewardship and lower operating costs are among the top reasons for the spike in the development of environmentally-friendly and ‘green’ buildings in the country, as is evident in the latest McGraw-Hill Construction’s SmartMarket Report, which suggests that the number of green buildings in South Africa is growing faster than in other parts of the world. This is according to Arthur Chien, VP of Talesun Energy, who says that the environmentallyfriendly building trend is rapidly gaining popularity in the country as the industry starts to recognise that the development of sustainable buildings is key to environmental sustainability and lower operational costs. “In South Africa, the benefits of adopting energy efficiency initiatives are even higher in comparison to other regions due to the massive impending hikes in electricity tariffs. This has also had an impact on the development of green buildings, which we believe could soon become standard practice in the country, which will of course contribute positively towards the environment.” Chien says that building owners and September 2014 SA Real Estate Investor 19