Don’t let your new industrial building become a stranded asset
Industrial buildings worth billions could become stranded assets, reports the Built Environment News
Billions of dollars of industrial buildings face becoming ‘stranded assets’ warns a new report by the Australian and New Zealand Green Building Councils today.
The report finds that new Green Star certified industrial buildings produce 66% fewer greenhouse gas emissions than standard buildings and shows that a minimal 2% upfront cost to support green design can result, on average, in lifecycle savings of 20% of total construction costs.
The report underscores that the technology, design, materials and expertise are available now to build more sustainable buildings which will meet investors’ growing demand for future-proofed investments that uphold environmental and social governance principles.
GBCA CEO, Davina Rooney said the forecast growth in the industrial sector, driven largely by the expanding online retail market, creates a valuable opportunity to build better assets which are designed and built to minimise embedded carbon and carbon emissions in operation.
“The sheer size of industrial facilities means they can play a big role in increasing rooftop solar PV capacity,” Ms Rooney said.
“If we put solar panels on all industrial facilities in Australia, we could almost double our capacity – from the current 6,500 Megawatts (MW), to 12,800MW.”