Retrofit : Volume 4 Issue 2 2015
2 • retrofit australia • volume 4 number 2 | 2015 | News opera house awarded for sustainability leadership The Sydney Opera House was awarded a 4 Star Green Star – Performance rating by the Green Building Council of Australia (GBCA) in August, putting the national icon among a select few World Heritage buildings that have achieved green certification globally. The 4 Star Green Star rating, awarded for ‘best practice’ in the industry, is an extraordinary achievement for a heritage building. It will also be critical to the Opera House’s Decade of Renewal, a sequenced program of works to update the world-renowned performing arts centre for 21st century audiences, artists and visitors. Romilly Madew, Chief Executive Officer of the GBCA, says: ‘About 340 million square metres of commercial and public building space in Australia needs upgrading. Despite the operating costs amounting to around $27 billion a year, the general consensus has been that it’s “too hard” to improve the sustainability of these buildings. The Sydney Opera House has laid down the gauntlet for the property industry with a pragmatic, practical approach, which shows that even the most iconic, historic and challenging buildings can be high- performing, energy-efficient and sustainable. If you can green the Opera House, you can green anything’. NEWS once again, australia’s sustainable property portfolios lead the world Australia and New Zealand continue to lead the world in sustainable real estate practices, according to the latest global real estate sustainability benchmark (GRESB) report. GRESB assessed 707 property companies and private equity real estate funds globally, representing 61,000 assets and US$2.3 trillion in asset value. The Australia and New Zealand GRESB score of 69 was significantly higher than the global average of 56 – a result welcomed by the Green Building Council of Australia (GBCA). ‘Investors, governments and consumers are demanding more transparency and accountability – and clearly Australian property and construction companies are responding to this demand by making sustainability front-and-centre of all that they do,’ says the GBCA’s Chief Executive Officer, Romilly Madew. ‘Stockland deserves applause for achieving the most Green Star ratings for retail centres, for its work on a range of Green Star – Communities projects, and for launching Australia’s first green bond. And GPT Group has challenged the industry to upgrade its existing buildings by achieving the first Green Star rating for a building’s operational performance at 800 Bourke Street in Melbourne. ‘Australia’s property and construction industry has moved well beyond regulation. Increasingly, both small and large companies are reacting to the signals set by the market leaders – and understand if they want to be competitive, they must embrace sustainable business practices,’ Madew adds.
Volume 3 Issue 2 2014
Volume 5 Issue 1 2016