Building Chicago - Spring/Summer 2012 - (Page 10)
Sustainability Trends to Watch in
he worldwide movement toward sustainability has made significant progress over the past half-dozen years as companies and cities have pursued strategies that balance future and current societal needs. Now, sustainable development is entering a new phase, characterized by greater alignment within and between the public and private sectors. The road to sustainability has been plagued with roadblocks, including an unprecedented global ﬁnancial crisis and attempts by entrenched business and political interests to deny climate science. Perhaps the greatest obstacle has been the lack of consistent and comparable standards for deﬁning and measuring sustainability. Although these issues have yet to be fully resolved, many well-coordinated initiatives in recent years have pointed the way forward for companies and cities.
By Dan Probst, Chairman of Energy and Sustainability Services, Jones Lang LaSalle
emissions, water management and climate change policies to Carbon Disclosure Project in 2011, perhaps swayed by CDP’s 551 investor members, who use the information in deciding where to place more than $71 trillion in investment capital. Transparency is also on the rise at the city level. CDP invited 58 cities worldwide to report sustainability related data for the ﬁrst time in 2011, and 42 responded, with 38 of them making their responses public. This year, CDP Cities is expanding its request to 150 cities and continues to see a high response rate, as well as extraordinary awareness and commitment on climate change issues by city leaders. These leaders recognize that managing energy, water and waste not only helps attract residents and business growth but also enhances quality of life in a variety of ways. Global Consistency – Deeper sustainability reporting by cities and multi-national corporations has intensiﬁed the need for consistent ways to measure the effectiveness of energy, water and other sustainability strategies on a worldwide basis. Given the wide regional variation in environmental priorities around the world, the end goal may not be a single global standard, but a way to translate local government and business practices into a common global vocabulary for measuring effectiveness and recognizing achievement. LEED, the building sustainability rating system originated in the U.S., is now frequently pursued in many countries with their own systems, as owners seek to attract international tenants. ENERGY STAR, the U.S. EPA energy-benchmarking standard, will
In 2012, major trends shaping the sustainable development movement include: Transparency – Buildings, companies and cities are measuring and disclosing energy usage, carbon emissions and other information relating to sustainability. Commercial building owners don’t always have a choice: Five major U.S. cities and two states have enacted energy performance measurement and disclosure policies to date, and nine more cities and states have bills under considerations, to help tenants and investors make better-informed decisions. Buildings in Europe are required to display energy performance certiﬁcates, and Australia is implementing similar requirements. Corporations don’t require legal mandates to encourage disclosure. In 2011, more than 3,000 companies, including 404 Global 500 ﬁrms, voluntarily reported their carbon
South Shore High School, a Public Building Commission of Chicago project, included a number of sustainable elements and helped the PBC win the Chicago Architecture Foundation’s Patron of the Year Award. The project was a joint venture involving Builders Association members George Sollitt Construction Company and Brown & Momen.
10 • Building Chicago Spring/Summer 2012
Table of Contents for the Digital Edition of Building Chicago - Spring/Summer 2012
A Message from the Builders Association President
Do You Know Where Your Information is Today? …you may want to get some cloud cover.
Public-Private Partnerships in the U.S. The perfect storm.
Four Sustainability Trends to Watch in 2012 Sustainable development enters a new phase.
Member Projects Continuing to “Build Chicago.”
Questions Abound in Financial Outlook Prospects and predictions.
Index of Advertisers
Building Chicago - Spring/Summer 2012