Low Cost, High Impact Sustainability Strategies

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Owners can spend a lot on sustainability measures that don’t yield much benefit, or they can spend very little and improve properties a lot. If the second option sounds more appealing, here are three key ways to make sure you’re getting the best results at the lowest cost:

• Focus on process improvements. Buying and installing new equipment is expensive; making your existing systems work better is affordable. Use integrated design teams, energy modeling and commissioning, among other strategies, to ensure that energy efficiency is optimized.

• Measure your progress. Measurement and verification (M&V) will provide your organization with the data needed to make informed decisions about future improvements. It also enables reporting, and in Australia and many other countries, transparency is important to aligning operations with increasingly stringent disclosure regulations.

• Create a plan for continuous improvement. A continuous process improvement (CPI) plan sets a course for reaching peak performance over time. Capital expenditures are easier to justify in the third or fourth year of an energy program, after you’ve already realized the cost savings from early-stage process improvements.

Following a program of cost-effective strategies and verification of the results gives investment properties a competitive advantage and differentiator, and helps turn corporate real estate portfolios into primary drivers of organizational sustainability initiatives.

Article by Parker White, Jones Lang LaSalle Energy and Sustainability Services, Asia Pacific; appearing courtesy 3BL Media.

About Author

Walter’s contributions to CleanTechies over the past 4 years have been instrumental in growing the publications social media channels via his ongoing editorial and data driven strategies. He is the founder and managing director of Sunflower Tax, a renewable energy tax and finance consultancy based in San Diego, California. Active in the San Diego clean technology community, participating in events sponsored by CleanTech San Diego, EcoTopics, and Cleantech Open San Diego, Walter has also been a presenter at numerous California Center for Sustainability (CCSE) programs. He currently serves as an adjunct professor at the University of San Diego School of Law where he teaches a course on energy taxation and policy.