Corporations Are Embracing Green Real Estate, Survey Finds

GreenBiz

Nearly 80 percent of industry leaders say sustainability is a major issue for today's businesses, and are willing to pay a premium to achieve it, according to a survey from CoreNet Global and Jones Lang LaSalle.

The survey, "Sustainability Perceptions and Trends in the Corporate Real Estate Industry," asked workplace and corporate real estate executives about their thoughts on sustainability and what their companies are doing to achieve it, and the response is overwhelmingly green.

Even though respondents cited higher costs to build and maintain green buildings, they also believe the payoffs in terms of lower environmental impact and increased sustainability for the companies was more than worth the cost.

Of the 418 respondents to the survey, 79 percent said that sustainability is an important business issue now or within the next two years. And 77 percent said they are willing to pay a premium for that sustainability, while 22 percent said they expect to pay the same amount for increasing returns.

Facility Greening - Hazardous Waste Recycling

Going green can generate benefits not only for the environment, but for the organization as well. A key component in any facility greening effort is recycling hazardous material-containing wastes. An Air Cycle recycling program can make it simple and efficient to recycle these wastes, including fluorescent lamps, ballasts, batteries, and electronic waste. Learn more » Air Cycle recycling programs