Triple bottom line ECONOMIC PROSPERITY TRIPLE BOTTOM LINE ENVIRONMENTAL STEWARDSHIP SOCIAL RESPONSIBILITY USGBC Facts • Founded in 1993 • Member Organizations +20,000 • LEED Accredited Professionals +200,000 • Commercial Space Certified +3.6 Billion What is Green Building? • Avoid Depletion of Resources • Water Control & Consumption • Viable Eco Systems • Indoor Air Quality • Occupancy Comfort/Wellbeing • Climate Change • Economic Benefits Rating Systems 22,5oo US LEED Certified Commercial Projects 37,786 US LEED Registered Commercial Projects 198,500 LEED Accredited Professionals in the US 1,280 USGBC Members As of July 2 369 NJ LEED Certified Commercial Projects 946 NJ LEED Registered Commercial Projects 5,154 LEED Accredited Professionals - NJ 1,449 USGBC-NJ Chapter Members As of October 15, 2014 Highest Cost Factor • People are the most costly element to any business. Salary, sick time, benefits, investment… • Has been shown to be between 10-100 times more expensive than operating and maintenance costs for any building type. • Green buildings can save money through reduced energy and water consumption and lower long-term operations and maintenance costs. • Energy savings typically exceed any build cost premiums within a reasonable payback period. • Evidence shows that green design attributes can improve occupant productivity, health and well-being. • Investing in better indoor environments can lead to better returns on one of every company’s greatest assets - its employees. • Sustainability risk factors can significantly affect rental income and the future value of real estate assets, in turn affecting their ROI • Changing tenant preferences and investor risk screening may translate into risk of obsolescence for inefficient buildings A $4 investment per square foot in building green nets a $58 benefit per square foot over 20 years $8.50 OPERATIONS & MAINTENANCE SAVINGS $1.20 EMISSIONS SAVINGS $5.80 ENERGY SAVINGS EST. HEALTH & PRODUCTIVITY BENEFITS $0.50 WATER SAVINGS COST $4.00 PSF Test $46.00 BENEFIT $62.00 PSF Wyndham Worldwide Corporate HQ Johnson & Johnson Corporate HQ LPCDD & Symphony Hall West Redevelopment Project Collaboration Rider University & Spiezle Collaboration Iconic U.S. Green Retrofits Willis (Sears) Tower Cost: Empire State Building Cost: $350 Million $500 Million Energy Consumption: Energy Consumption: Reduce 80% Reduce 38% Highlight: Highlight: Addition of 50 story, offthe-grid, sustainable hotel Replicable model for affordable retrofits • Building green does not necessarily need to cost more. • There is an overall trend in the reduction of design and build costs as markets mature. • Upfront costs are often offset by a decrease in long-term life cycle costs. • Studies show a pattern of green buildings being able to more easily attract tenants and to command higher rents and sale prices. • Local market conditions have a significant impact on the value of green buildings. • In markets where green is more mainstream, ‘brown discounts’ are emerging. New Jersey Willow School Gladstone, NJ LEED Gold US Green Building Council – New Jersey Chapter Chapter Mission To be NJ's foremost leader promoting, advocating, and providing education for the planning, design, construction, operation and maintenance of high performance buildings and communities that are environmentally responsible, cost effective, productive, and healthy places to live, learn and work. USGBC-NJ 14 Maple Ave Suite 201, Morristown, NJ 07960 www.usgbcnj.org