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Business View Australia - June 2015 37

and entire communi ties, have

achieved Green Star ratings

af ter being assessed against

a range of environmental im-

pact categories, from water and

waste, to energy and emissions.

The Value of Green Star (2013)

repor t, found that on average,

Green Star- cer ti f ied buildings:

• produce 62% fewer green-

house gas emissions than av-

erage Austra-

lian buildings

• use 66%

less electric-

i ty than aver-

age Australian

buildings

• con-

sume 51% less potable wa-

ter than i f they had been

buil t to meet minimum in-

dustr y requirements

• Recycle 96% of their

waste, compared wi th

58% for the average new

construction project .

A range of international re-

por ts have also conf irmed that

green buildings reduce opera-

tional costs, improve return on

investment, boost productivi ty,

heal th and wellbeing and en-

hance corporate reputation.

The Building Bet ter Returns re-

por t (2011) found that Green

Star- rated buildings deliver a 12

per cent ‘green premium’ in val -

ue and a f ive per cent premium

A sustainable building is for

rough sleepers as much as

it is for investment bankers

CONSTRUCTION