If you are in the business of building design and construction, you may be familiar with the acronym LEED. LEED stands for Leadership in Energy and Environmental Design, and it is the most widely implemented rating system for green buildings in the world. Buildings can earn LEED points by satisfying a variety of criteria regarding health, efficiency, and eco-friendliness in relation to their design and construction. To understand why a company would go through the trouble of earning these points, consult this list of the many benefits of becoming LEED certified.
Boosted Public Image
One reason it is beneficial for a building to become LEED certified is that such a certification can boost the public image of the building owner as well as the contractor. Receiving a LEED certification demonstrates that the building owner and contractor are committed to implementing environmentally responsible practices. As more people develop a concern for the state of the environment, such a commitment looks good to others. This improves their reputation and distinguishes them in their industry.
Increased Property Value
Another benefit of becoming LEED certified is that it can increase property value. As previously stated, an increasing number of people are developing a concern for the environment. Buildings certified by Leadership in Energy and Environmental Design are becoming very desirable. LEED certified buildings generally retain higher property values and have faster lease-up rates.
Financial Incentives
In addition to retaining a higher property value, acquiring a LEED certification has a host of other financial benefits. For example, it can qualify a building for a wide variety of financial incentives—from tax rebates to zoning allowances. A LEED certification may also qualify a building for lower insurance premiums than a structure without certification.
Improved Health of Occupants and the Environment
Obtaining a LEED certification is highly beneficial for building owners who have a concern for the health of their occupants as well as the environment. To obtain a LEED certification, a building must acquire a minimum of 40 LEED points, which it can achieve by satisfying criteria that relates to a building’s eco-friendliness, such as air quality, energy efficiency, and water usage. Earning a LEED certification shows that the building owner prioritizes the health of the planet and the building’s occupants.
