The trend towards more sustainable building practices continues to increase. LEED (Leadership in Energy and Environmental Design), an internationally recognized green building program, helps to maximize the efficiency of operations, which reduces the negative impact on the environment and creates cost savings for property owners and managers.
According to Rese Fox / Deloitte Financial Advisory Services LLP, LEED-certified buildings can generate a 7 to 12 percent increase in net operating income by reducing operating costs. Implementing sustainable building practices aligns with a company’s financial performance. (Source: awarenessintoaction.com)
For Operations and Financial Management professionals seeking to acquire LEED certification for existing buildings, certification is based on performance results while the building is in use. The categories for LEED certification require earning points to determine the level of certification. One category includes materials and resources credits that take into account source reduction and waste stream management.
Waste Tech Services can help a property manager find savings and credits by providing a thorough evaluation of their waste hauling contracts, invoices and equipment. Waste Tech creates solutions to decrease their overall trash hauling charges and implement a recycling program to decrease the amount of trash in the waste stream. The savings in waste expenditures each month results in lower net operating costs and lower cap rates, and credit towards satisfying LEED’s green building requirements.
Waste Tech Services provides a waste management audit that does not cost a company anything; the fee comes from the savings. More importantly, the savings found could be a key step in achieving LEED certification or reaching the next level of certification. (Source: http://new.usgbc.org)