Environmental Request to Landlord
The information in this
section helps lawyers who rent space communicate to their
landlords reasons for becoming environmentally conscious,
and how to start the process.
Why make your building green?
Buildings have a tremendous effect on the
environment. According to the U.S. Green Building Council,
buildings in America consume more than 30 percent of the total
energy and 60 percent of the annual electricity. They also consume
5 billion gallons of potable water each day. An average
commercial construction project will produce up to 2.5 pounds of
solid waste per square foot of floor space.
By implementing green building practices, you can substantially
reduce these negative environmental impacts. You will also receive
the added benefits of reducing your operating costs, enhancing your
building's marketability, increasing tenant/worker productivity and
reducing your potential liability resulting from indoor air quality
The bottom line is that by making your building green, you are
creating an environment that is more healthy and more energy and
The financial misconception of making your building green
There is a misconception that taking steps to make your building
green is not worth the investment. In fact, the opposite is true in
most cases. As it relates to energy reduction, many
corporations will fund your entire energy savings project by the
savings that the project creates. These companies will also
guarantee the savings in writing. The reality is that once you
have completed steps to make your building green, it becomes more
attractive and marketable to potential tenants and buyers.
Another misconception is that making a building green is not
worth the time or effort because landlords can simply charge all
operational costs back to the tenant. Again, the opposite is
true in most cases. For example, if the landlord is able to
achieve operational savings by making the building green, the
landlord can actually receive a higher effective rent. This is
simply because all marketable rents contain a rent component and an
operational component. If the operational component goes down,
then the effective rent component can be increased.
The bottom line is that as more buildings go green, the ones
that have not taken steps to become more efficient will lose value
on a relative basis.
For more information, or to
get involved e-mail Eco-challenge.