The benefits of energy management go beyond lower utility bills, tax advantages and reduced maintenance budgets.
Studies have shown quantifiable financial and operational benefits including:
- Meeting ESG and Carbon Emission Reduction Goals
- Increased Asset Value
- Competitive advantage in attracting and retaining tenants and employees
- increased worker productivity
- reduced risks
- improved corporate image and branding
In simple words Environmental, social and governance (ESG) is a term used to represent an organization's corporate financial interests that focus mainly on sustainable and ethical impacts. Part of sustainability often involves architects and engineers designing to meet energy codes and building standards such as Green Building Initiatives such as LEED, Energy Star, Fitwel & Well Certified Building Standards. For more information: https://blueprintforbetter.org/articles/design-resources-to-help-stop-climate-change/
In existing buildings, energy efficiency upgrades are a path to meeting some of those goals. Many firms are joining entities such as the Department of Energy and AIA in the Better Climate Challenge’s goal of slashing emissions by 50% by the year 2030. This is both an ambitious and noble goal. OPIX Systems has the knowledge and expertise to facilitate many of the upgrades required in this space. For more information: https://betterbuildingssolutioncenter.energy.gov/climate-challenge
As employers and their workforce continue to find a balance between working from home and returning to the office, “10-20% of the office real estate stock may need to be removed or repurposed” according to PwC Emerging Trends in Real Estate. OPIX Systems is poised to enable clients to renovate their spaces in creative ways mutually benefiting stakeholders, tenants, and the environment. We are keeping up to speed on trends such as turning spaces into vertical farms, or open offices into residential apartments and mixed use.
Today’s environmentally conscious consumers are looking for ways to do their part. Giving your building a competitive edge in the market whether your goal is to retain tenants or employees alike, consider the following statistics when comparing typical buildings to energy-efficient buildings:
- Sale prices from 1% to 31% higher
- Rental premiums 3% to 16% higher
- Occupancy levels up to 10% higher
For more information: https://www.energystar.gov/buildings/save_energy_commercial_buildings/comprehensive_energy_management/business_case