Tenants drive green demand in Canada

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Posted by:
Jiri Skopek
Jones Lang LaSalle, Canada

Sustainability in Canada lost some of its shine this year thanks to receiving a “Fossil of the Day“ award” at the UN Climate Change Conference in Copenhagen. Notwithstanding the terrible reputation of Canada’s tar-sands operations, greening of the real estate industry is still going strong. This is being largely driven by the growing demand by tenants for green buildings as well as rising energy prices. The most widely used commercial real estate industry program for assessment of existing buildings in Canada, BOMA BESt (known in the USA as Green Globes) has now certified approximately 1,400 buildings. The program is currently undergoing a major content update to be unveiled at this year BOMEX conference.

Many buildings, certified 3 years ago are undergoing re-certification. Because the philosophy behind BOMA BESt is “continuous improvement, the benchmarking it provides  helps managers solidify targets, evaluate options, implement them, and benchmark again. These elements of the BOMA BESt program are helping to drive measurable performance improvements in Canada’s building stock.  With quantitative data showing that BOMA BESt certified buildings tend to perform better in terms of energy intensity than the national average.

There is also a healthy competition from other rating systems. The LEED EBOM has now achieved 18 certifications in Canada.

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