User needs
A need for existing buildings owners to measure the environmental performance of their assets.
- Major European Real estate investment companies, lacking reliable and consistent indicators of the environmental performance of their current European property portfolios, have joined forces to develop the Green Rating and test it on real cases.
Mission statement of Green Rating Alliance
- Improve and monitor progress on the environmental performance of existing buildings
- Join forces and exchange best practices to bring concrete solutions on sustainability to the real estate industry
- Continuously enhance methodology and tools to adapt to the use of practitioners (landlords and tenants), anticipating future trends
- Set tangible and measurable indicators, assessed by independent third parties, with concrete technical recommendations for improvement
Green building drivers
Source McGram-Hill Construction Research & Analytics, 2006
The involvement of building professionals in Green Building varies from 3% in Japan to 45% in Germany.
Source McGram-Hill Construction Research & Analytics, 2006