JUST GOOD BUSINESS CASE STUDY : Space-Based Productivity; Embracing Green Far from Being Just A[euro]nice-to-Havea[euro], Green Buildings Are Proving Their Worth around the World A[euro]" Not Only in Terms of ROI and Energy Savings, but Also in Increased Employee Productivity. A Kiwi whoa[euro][TM]s Now Heading the World Green Building Council Explains Why

New Zealand Management, May 2010 | Go to article overview

JUST GOOD BUSINESS CASE STUDY : Space-Based Productivity; Embracing Green Far from Being Just A[euro]nice-to-Havea[euro], Green Buildings Are Proving Their Worth around the World A[euro]" Not Only in Terms of ROI and Energy Savings, but Also in Increased Employee Productivity. A Kiwi whoa[euro][TM]s Now Heading the World Green Building Council Explains Why


Byline: Vicki Jayne

In an industry tainted by the a[euro]leaky buildinga[euro] debacle, the quality reassurance underpinning a[euro]green stara[euro] rating is good news for reasons that go further than financial security.

a[euro]Though from the industry viewpoint, green building is a better way of doing things environmentally and sustainably, really it is about the people,a[euro] says Jane Henley.

In the five years since she became CEO of the New Zealand Green Building Council (NZGBC), the drive toward sustainable structures has intensified a[euro]" and the research supporting that drive has become more compelling.

Perhaps of particular relevance given todaya[euro]s emphasis on improving worker productivity are the studies revealing how healthier workspaces boost employee performance. Just a few examples:

a[euro]cents At the City of Melbournea[euro]s CHD, Australiaa[euro]s first 6-star Green Office Design rated building, productivity has risen by 10.9 percent with an estimated annual cost savings of A$2 million.

a[euro]cents Closer to home, a post-occupancy study of the Green Star certified Meridian Building (taken after the initial a[euro]holidaya[euro] effect of new premises) showed staff productivity has improved by about nine percent.

a[euro]cents Green schools have been shown to deliver a 20 percent faster progression in maths, 26 percent faster progression in reading and increased performance of about 10 percent a[euro]" just by providing students with views from windows.

Natural light, fresh air, access to views and more control over individual workspace temperature or light all affect performance a[euro]" as well as health, says Henley.

a[euro]Occupying a green building turns out to have a number of associated benefits a[euro]" therea[euro]s the brand association, therea[euro]s also the internal staff benefits. There are now so many international statistics showing increased productivity, fewer sick days, better concentration, memory retention, faster typing speed a[euro]" they all add up to productivity increases of around six to 15 percent.

a[euro]Given wages are the biggest outgoing for any business, if you can make a 10 percent improvement in productivity that significantly impacts the bottom line,a[euro] she says. a[euro]More so than the savings you make in energy or water or other features of green buildings.a[euro]

Theya[euro]ve also proven a good talent magnet, she adds, with companies occupying green buildings noting the impact on both attracting and retaining top employers a[euro]" particularly in the Gen X and Y age groups.

And while productivity measures may not spur property developers into embracing green, the tenancy premiums, investment returns (even in the downturn, New Zealand developers have managed to sell a[euro]greena[euro] buildings to overseas investors who are after that kind of spec) and future proofing aspects all look pretty appealing.

You could almost see a[euro]greena[euro] spec with its focus on quality and longevity as the total antithesis of the a[euro]leakya[euro] syndrome in terms of the overall approach to property development. There is a bit of front-end cost loading partly because of the higher quality specs and partly because some of the products involved are not yet available on the scale that would make individual components cheaper. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

JUST GOOD BUSINESS CASE STUDY : Space-Based Productivity; Embracing Green Far from Being Just A[euro]nice-to-Havea[euro], Green Buildings Are Proving Their Worth around the World A[euro]" Not Only in Terms of ROI and Energy Savings, but Also in Increased Employee Productivity. A Kiwi whoa[euro][TM]s Now Heading the World Green Building Council Explains Why
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.