The property sector is rising to the climate challenge

The World Meteorological Organisation has recently announced 2016 as the hottest year on record, spurring people all around the world to take action and do their bit for the environment.

In light of this announcement, the Green Building Council South Africa (GBCSA) has revealed that the Country’s property investors have dutifully recognized their faults in the situation and have already started changing their ways. As key players in the mission to mitigate climate change and reduce emissions, the property sector in fact needs to actively take action by designing, constructing and operating buildings in ways that are better for the environment. Although investors decision to change the way they manage their industry has a significantly positive impact on emissions, we must never forget that the property sector is still in the business to make money, so if something is put so forcefully in place, it’s also because it proved to be a financially good decision.

Numbers speak more than words

In the last few years, more than 230 formal green building certifications have been achieved in South Africa, including the one assigned to Mutualpark offices in Pinelands, the largest building in the southern hemisphere to have ever been given such a certification. Green building has proved successful not only in the commercial sector, but in the residential one too, with 3500 homes already registered with the GBCSA.

With these ever growing numbers, South Africa’s property market is demonstrating its ability to change and adapt to the times, joining good business sense with the global mission to mitigate climate change.

Ultimately, a win-win situation for all!

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