Green Value: The Sustainable Business Case. BCBEC AGM Chris Corps. 22 September, fidelis

Size: px
Start display at page:

Download "Green Value: The Sustainable Business Case. BCBEC AGM Chris Corps. 22 September, fidelis"

Transcription

1 Green Value: The Sustainable Business Case BCBEC AGM Chris Corps 22 September, 2009

2 Old Town, Montréal

3 Old Town, Montréal

4 Basilique Notre Dame, Montréal

5 Old Town, Montréal

6 Old Town, Montréal

7 Transamerica Tower, San Francisco

8 Marché Bonsecours, Montréal Hyatt Embarcadero, San Francisco

9 Railway Museum, San Francisco

10 Bank of England, London, UK

11 Counting Green The Role of Valuation

12 Green Value Initiated 2004, published November 2005 Literature & best practice review Reviewed green building value aspects Subsequent studies now improving analysis, better data now available "There is a relationship between the market value of a real estate asset, its green features and related performance."

13 Green Value Summary Sponsors: RICS BC Hydro Canada Green Building Council English Partnerships (UK) Greater Vancouver Regional District Green Buildings BC Natural Resources Canada RealPac Others: CMHC, City of Vancouver 18 project reviews in: San Francisco, California Minneapolis, Minnesota Oberlin, Ohio New York City, New York New Westminster, Vancouver, Victoria, BC Kitchener, Ottawa & Toronto, Ontario Montreal, Quebec 6 UK projects Team Cushman Wakefield LePage, Busby Perkins + Will, BuildGreen, DTZ (UK)

14 Green Value: The Main Value Benefits 1. Lower operation/maintenance costs 2. Energy & resource savings 3. Grants, subsidies, inducements etc. 4. Attract tenants faster (i.e. absorption) 5. Higher rents, investment/sale value 6. Lower turnover/vacancy 7. Reduced fitting-out costs (i.e. TI's) 8. Lower internal move costs (i.e. churn) 9. Increased productivity 10. Faster, better public process 11. Improved risk, marketability Vancouver Island Technology Park, BC

15 Examples of Green Value Pennsylvania Power and Light conversion's power savings: Traditional energy saving: 4.1 yrs payback, 24% ROI Green Value: 69 days payback, 540% ROI Difference: largely productivity benefits Reno Post Office upgrade: Improved productivity gains paid for the $500,000 renovation in under a year Annual energy savings a 'free bonus' Mountain Equipment Co-op, op, Montreal

16 Green Cost Savings: What's in Operating Costs Janitorial Electricity Energy: 30% Treatment & environmental systems Utility & central systems Oil Gas Water Sewage External building % Electricity 19.5% Oil 0.3% Gas 5.9% Water 2.8% Sewage 1.0% External building 4.2% Interior systems 27.3% Roads & grounds 4.1% Utility & central systems 6.2% Treatment & environmental systems 3.3% Janitorial 25.5% Roads & grounds Data courtesy of: Interior systems International Facilities Management Institute

17 Green Cost Savings: How Big are Operating Costs Average Operating Costs 39% Average net Rent Average Operating Costs NEW WEST of which 30% is energy Average net Rent 61% Data courtesy of: SURREY NORTH SHORE RICHMOND BURNABY BROADWAY CORRIDOR $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 DOWNTOWN VANCOUVER

18 Green Cost Savings: The Total Costs of Business SO: If If energy is is a small percentage of of the costs of of operating a typical business Where's the beef? CONTEXT Energy = 30% of operating costs Operating costs = 39% of real estate costs Real estate costs = 10-15% of business costs 20% energy savings = % of business costs Figures are typical & vary depending on location and other factors Data courtesy of:

19 Peak Oil, Climate Change: Exxon's 2003 Economic and Energy Outlook MBDOE 160 World Demand 120 World Production Gap? Existing Field Decline ~ 4-6%?

20 $140 Peak Oil, Climate Change: Impact of Energy Inflation Average fuel inflation rate General inflation Real fuel inflation rate Home heating fuel 8.06% 1.90% 6.16% Gas at the pump 4.73% 1.90% 2.83% Electricity Index 0.93% 1.90% -0.97% Natural gas 4.66% 1.90% 2.76% $120 $100 $80 $60 $40 $20 Natural gas Electricity Index $0 Jan-90 Jan-91 Jan-92 Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07

21 Peak Oil, Climate Change: Governance Issues Climate change is shifting policies, legislative framework Policy and legislation e.g. New York Regulations e.g. energy labels Financial assistance e.g. US residential construction finance

22 The Vancouver Valuation Accord: An Agreement to Change Accord Case Studies

23 Accord Aspects Valuation standards review and adjustment Professional Enhancement Profession increasingly being asked to change Professional Training and Development to include sustainability issues and factors Evidence of where sustainability has impacted asset and property value Academic/Educational Capacity Development

24 Buildings, Value & Resilience The ability to withstand the impacts of change What change? Climate change Fossil fuel depletion & inflation Major factors More water, less water, more heat, less heat Flood, sea rise, storms, wind, fire, snow Supply chain management (energy, transportation, risk) Manitoba Hydro, Winnipeg

25 High Performance Green Building: What's it Worth? Buildings in Portland, Seattle, Vancouver 650 West Georgia Street, Vancouver A/C & energy retrofit, 19% ROI validated BUT with Green Lease, potential for 197% ROI through leveraging rental capitalisation Impact Attractive for landlords AND benefit to tenants NOT business as usual L/T relationship partnership not adversarial Correct appraisal is central

26 High Performance Green Building: Vancouver Centre Retrofit Analysis Assumptions (Vancouver Centre - Class A office) Building size sq ft 472,422 Finance rate 5.00% Green savings psf pa $0.51psfpa Green savings total pa $240,935pa Life cycle 12.00yrs Yield (Cap rate) 6% Years Purchase (1/yield) Energy retrofit costs psf $4.32psf Energy retrofit costs -$2,040,863 Rent (excluding utility costs) psf -$29.00psf Rent paid to landlord -$13,700,238pa Utility costs psf -$2.61psf Renovation Renovation capital costs -$2,040,863pa Renovation finance over life cycle -$219,296pa Renovation savings $240,935pa Renovation profit(loss) pa $21,639pa Traditional "simple payback" analysis 8.47yrs Maximum breakeven interest rate 7.08%

27 High Performance Green Building: Vancouver Centre Retrofit Analysis Value analysis Before After Tenant Tenant's utility payments -$1,233,021pa -$992,086pa Rental increase -$240,935pa Tenant's total occupancy costs -$14,933,259pa -$14,933,259pa Landlord Landlord's gross rent $13,700,238pa $13,941,173pa Less: cost of finance -$219,296pa Landlord's net rent $13,700,238pa $13,721,877pa Landlord's increase in net income $21,639pa Increase in capital value, after debt service $360,647 Capitalised value after debt service $228,337,300 $228,697,947 Retrofit value as % of building value 0.16% Profit Capital investment -$2,040,863 Capitalised gross annual return on investment $240,935pa Gross increase in capital value $4,015,587 ROI before debt service 196.8% Capitalised value after debt finance $360,647 ROI after debt service 17.7%

28 Potential Benefits Reduce GHGs by 25-33% Measure What You Value, Value What You Measure Water Water Energy Energy GHGs GHGs Materials Materials Power the equivalent of 10% of homes Heat the equivalent of 30% of homes Run the equivalent of 10% of cars Recover, recycle and reuse clean water Flexible, scalable, local, incremental, Just-in-Time Least expensive or potentially profitable Reduces risk Liquid Liquid Waste Waste Solid Solid Waste Waste Capital Capital costs costs Operating Operating costs costs Life Life cycle cycle James Bay IRM Retrofit, Illustrative Schematic Fidelis Resource Group, 2008 Transfer Transfer pricing pricing "Residual" "Residual"

29 LCC LCA LCV Life Cycle Costing Cost assessed over life cycle Life Cycle Assessment Broaden, include cost savings Life Cycle Valuation Broadest Include value to occupier, owner, perhaps society, community Include residual/reversion Adjust for finance Reconcile finance & asset life Best net assessment

30 Asset & Sustainability Metrics 1 The Triple Bottom Line is not just for wimps Economic/financial benefit Risk & long term asset performance Extended math includes Resources Energy, water, air/gas, materials, waste, money, others Report all inputs & outputs over the entire life cycle and beyond Count human performance

31 Asset & Sustainability Metrics 2 Life cycle valuation Capital and operating Within and beyond system boundaries Impact of transfer pricing / profit share Life cycle considerations Life cycle valuation, not just cost savings GHGs etc Include reversionary value CO 2 e measurement/pricing Rising impact of water DCF Gradual reconsideration of discounting & initial yield

32 resource group Further information from: Copyright Fidelis Resource Group Inc., 2009

Saving and Generating Energy Dollars

Saving and Generating Energy Dollars Saving and Generating Energy Dollars Overview of Energy Performance Contracting & Self-Generation through Renewables Presented by John Silverio Director Project Development Who are we? Canadian organization

More information

Drivers of Change: Voluntary Energy Reduction Programs, Benchmarking & Energy Reporting

Drivers of Change: Voluntary Energy Reduction Programs, Benchmarking & Energy Reporting Drivers of Change: Voluntary Energy Reduction Programs, Benchmarking & Energy Reporting Civic leadership makes a difference CEEA 2014 Survey: Canadian Business Attitudes on Energy Efficiency Key Findings:

More information

Modelling UK, Real Estate Valuations in Excel An Introduction

Modelling UK, Real Estate Valuations in Excel An Introduction Modelling UK, Real Estate Valuations in Excel An Introduction Contents Compound Growth Summary Providing insight into valuing changing income Present Value profiles to determine Net and Gross Values. Capitalisation

More information

OFFICE DATA & ANALYTICS

OFFICE DATA & ANALYTICS OFFICE DATA & ANALYTICS Canada s Leading Provider of Information to the Commercial Real Estate Industry Altus InSite provides the most comprehensive online coverage of each of Canada s 6 major office markets

More information

Roadmap to Carbon Neutrality. October 30, 2008

Roadmap to Carbon Neutrality. October 30, 2008 Roadmap to Carbon Neutrality October 30, 2008 Overview Climate change and buildings BC policy context and legislative requirements Emissions management & financial risk Getting to carbon neutral Strategies,

More information

AN OVERVIEW OF AIRBNB AND THE HOTEL SECTOR IN CANADA

AN OVERVIEW OF AIRBNB AND THE HOTEL SECTOR IN CANADA AN OVERVIEW OF AIRBNB AND THE HOTEL SECTOR IN CANADA A FOCUS ON HOSTS WITH MULTIPLE UNITS Hotel Association of Canada CBRE File No. :17-APPRHOTELS-0094 WHERE WOULD YOU LIKE TO STAY? Final Report Date:

More information

2015 BOMA BESt National Green Building Report EXECUTIVE SUMMARY

2015 BOMA BESt National Green Building Report EXECUTIVE SUMMARY 5 BOMA BESt National Green Building Report EXECUTIVE SUMMARY CREATING A SUSTAINABLE ENVIRONMENT, ONE BUILDING AT A TIME. BOMA BESt : By the Industry. For the Industry. BOMA BESt is an environmental certification

More information

Zero Net Energy Buildings February 12, 2014 Beth Brummitt, CEM, CEA, LEED AP. Your guide for improving the performance and value of buildings

Zero Net Energy Buildings February 12, 2014 Beth Brummitt, CEM, CEA, LEED AP. Your guide for improving the performance and value of buildings Zero Net Energy Buildings February 12, 2014 Beth Brummitt, CEM, CEA, LEED AP Your guide for improving the performance and value of buildings 1 Courtesy of Bill Reed, Integrative Design Collaborative, www.integrativedesign.net

More information

Norm G. Miller, Ph.D. Professor Editor, Journal of Sustainable Real Estate

Norm G. Miller, Ph.D. Professor Editor, Journal of Sustainable Real Estate Rebecca Baker Program Manager Building Energy Benchmarking and Reporting Moderated by: Norm G. Miller, Ph.D. Professor Editor, Journal of Sustainable Real Estate Barry Hooper Coordinator Green Building

More information

AND ENVIRONMENT REPORT

AND ENVIRONMENT REPORT BESt ENERGY AND ENVIRONMENT REPORT The National Green Building Report SUMMARY REPORT Welcome to the fifth annual BESt Energy and Environment Report, the National Green Building Report. Canada and the eleven

More information

KEY CANADIAN FINDINGS

KEY CANADIAN FINDINGS 12 KEY CANADIAN FINDINGS GROWTH IN AIRBNB & HOTEL SUPPLY IN Founded in August 2008 in San Francisco, California, Airbnb has grown from accommodating 21,000 guests in 2009 to over 80 Million guests in 2016.

More information

Business Case for Green Building

Business Case for Green Building Business Case for Green Building Presented to National EPA Sustainable Communities Conference Green Building Track March 10, 2009 Jackson Murphy, MBA, CEP, LEED AP Board of Director, USGBC North Texas

More information

Measuring Expectations: Assessing the Future of Canada s Industrial Market

Measuring Expectations: Assessing the Future of Canada s Industrial Market Canada Industrial, Measuring Expectations: Assessing the Future of Canada s Industrial Market Availability Rate 5.8% New Supply 3,091,665 sq. ft. Average Net Rent $6.24 per sq. ft. Net Absorption (3,352,425)

More information

By 2015, an estimated 40-48% of new nonresidential construction by value will be green, equating to a $ billion opportunity 1.

By 2015, an estimated 40-48% of new nonresidential construction by value will be green, equating to a $ billion opportunity 1. Market Impact Energy By 2015, an estimated 40-48% of new nonresidential construction by value will be green, equating to a $120-145 billion opportunity 1. 2 billion square feet of building space are LEED-certified

More information

THE CHALLENGE ACTIONS?

THE CHALLENGE ACTIONS? THE CHALLENGE ACTIONS? EMISSIONS Edward Mazria FAIA / FRAIC Architecture 2030 billion metric tons 30 CO 2 Emitted Worldwide Source: Oak Ridge National laboratory; Graph New York Times 25 20 15 10 5 0

More information

Asset Enhancement Initiative. 27 May 2010

Asset Enhancement Initiative. 27 May 2010 Six Battery Road Asset Enhancement Initiative 27 May 2010 Important Notice The past performance of CCT is not indicative of the future performance of CCT. Similarly, the past performance of CapitaCommercial

More information

Every Building Can Be Green

Every Building Can Be Green Every Building Can Be Green BC Hydro PowerSmart Forum Vancouver October 15, 2009 Canada s 2007 Greenhouse Gas Inventory CaGBC Leadership Goals Verified 50% reduction in median energy & water use over 2005

More information

Proposed Water Rate Adjustment

Proposed Water Rate Adjustment Proposed Water Rate Adjustment Frequently Asked Questions Q: Why do utility rates need to be adjusted now? A: The City reviewed water rates as part of a 10-year financial plan and determined that rates

More information

How Much is Enough? Protecting Local Resources in Publicly Financed Development Projects

How Much is Enough? Protecting Local Resources in Publicly Financed Development Projects How Much is Enough? Protecting Local Resources in Publicly Financed Development Projects Jason Aarsvold, Senior Municipal Advisor James Lehnhoff, Municipal Advisor 1/24/2018 1 2 We need a million dollars

More information

Kelly Bush, M.A.Sc.,., E.I.T., LEED A.P. Associated Engineering. Kerr Wood Leidal Associates

Kelly Bush, M.A.Sc.,., E.I.T., LEED A.P. Associated Engineering. Kerr Wood Leidal Associates Kelly Bush, M.A.Sc.,., E.I.T., LEED A.P. Associated Engineering Mike Homenuke, P.Eng. Kerr Wood Leidal Associates May 17, 2010 Overview Background Energy Resource Design Concepts Factors Influencing Success

More information

Sustainability Through Connectivity

Sustainability Through Connectivity Sustainability Through Connectivity 2015 SUSTAINABILITY REPORT hoopp.com About HOOPP About Us For over 55 years, HOOPP has become one of Canada s largest pension plan providers, serving more than 300,000

More information

Planning for the next 1 million people. Presentation to Skagit County, March 10, 2011

Planning for the next 1 million people. Presentation to Skagit County, March 10, 2011 Planning for the next 1 million people Presentation to Skagit County, March 10, 2011 Metro Vancouver Who we are What We Do Utility services Drinking water, sewerage, solid waste Regional scale planning

More information

OPPORTUNITY THE URBAN C H R I S B U S C H N O R T H E R C A L I F O R N I A C O R P O R AT E R E A L E S TAT E F O R U M

OPPORTUNITY THE URBAN C H R I S B U S C H N O R T H E R C A L I F O R N I A C O R P O R AT E R E A L E S TAT E F O R U M THE URBAN OPPORTUNITY C H R I S B U S C H N O R T H E R C A L I F O R N I A C O R P O R AT E R E A L E S TAT E F O R U M S E P T E M B E R 2 2, 2 0 1 5 1 ROADMAP 1. Summary Insights 2. Trend analysis 3.

More information

1600 Pacific Avenue Downtown Connection TIF District

1600 Pacific Avenue Downtown Connection TIF District 1600 Pacific Avenue Downtown Connection TIF District Economic Development Committee December 11, 2007 1 Purpose of Briefing Provide details of proposed Downtown Connection TIF District project Provide

More information

Seattle Walkable Cities

Seattle Walkable Cities Seattle Walkable Cities BUSBY PERKINS + WILL Ideas + building that honour the broader goals of society 1220 Homer Street, Vancouver, BC, Canada www.busbyperkinswill.ca Climate change - the urgency North

More information

Vancouver Area Sewer Systems

Vancouver Area Sewer Systems November 17, 2009 Vancouver Area Sewer Systems Brent Burton, M.A.Sc., P.Eng. Metro Vancouver Andrew Boyland, P.Eng. Kerr Wood Leidal Assoc. Ltd Metro Vancouver case study Host: Metro Vancouver (Legal Name:

More information

Vancouver Area Sewer Systems

Vancouver Area Sewer Systems November 17, 2009 Vancouver Area Sewer Systems Brent Burton, M.A.Sc., P.Eng. Metro Vancouver Andrew Boyland, P.Eng. Kerr Wood Leidal Assoc. Ltd Metro Vancouver case study Host: Metro Vancouver (Legal Name:

More information

SEWAGE-WASTEWATER A Renewable Energy Source. Presentation for; ASHRAE - NB/PEI Chapter October

SEWAGE-WASTEWATER A Renewable Energy Source. Presentation for; ASHRAE - NB/PEI Chapter October Presentation for; ASHRAE - NB/PEI Chapter October 8 2013 We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature s inexhaustible sources of energy sun,

More information

National Retail Report Canada SPRING 2015 EDITION. Accelerating success.

National Retail Report Canada SPRING 2015 EDITION. Accelerating success. National Retail Report Canada SPRING 2015 EDITION Accelerating success. Report prepared by Colliers International Consulting James Smerdon Vice President and Director, Retail Consulting DIRECT +1 604 685

More information

ELECTRICITY TRADE AGREEMENT. An Assessment of the Ontario-Quebec Electricity Trade Agreement

ELECTRICITY TRADE AGREEMENT. An Assessment of the Ontario-Quebec Electricity Trade Agreement ELECTRICITY TRADE AGREEMENT An Assessment of the Ontario-Quebec Electricity Trade Agreement Spring 2018 About this Document Established by the Financial Accountability Officer Act, 2013, the Financial

More information

BOMA BESt ENERGY AND REPORT

BOMA BESt ENERGY AND REPORT 2013 BESt ENERGY AND Environment REPORT Summary Report Summary Report As part of its ongoing commitment to improving existing building performance and reducing environmental impacts through the BESt Program

More information

McKAY SECURITIES PLC ANNOUNCES HALF YEAR RESULTS. McKAY MORE CONFIDENT AS RECOVERY FLOWS THROUGH SOUTH EAST PROPERTY MARKETS

McKAY SECURITIES PLC ANNOUNCES HALF YEAR RESULTS. McKAY MORE CONFIDENT AS RECOVERY FLOWS THROUGH SOUTH EAST PROPERTY MARKETS McKAY SECURITIES PLC ANNOUNCES HALF YEAR RESULTS McKAY MORE CONFIDENT AS RECOVERY FLOWS THROUGH SOUTH EAST PROPERTY MARKETS McKay Securities PLC, the Real Estate Investment Trust (REIT) specialising in

More information

Energy Savings by Retrofitting Multi-Unit Residential Buildings: Case Studies

Energy Savings by Retrofitting Multi-Unit Residential Buildings: Case Studies Energy Savings by Retrofitting Multi-Unit Residential Buildings: Case Studies Marianne Touchie, Kim Pressnail & Ekaterina Tzekova University of Toronto BEST 3, Atlanta, Georgia April 3 rd, 2012 Outline

More information

NEWS RELEASE. New program makes saving energy more affordable

NEWS RELEASE. New program makes saving energy more affordable For Immediate Release 2018EMPR0052-001891 Sept. 28, 2018 NEWS RELEASE New program makes saving energy more affordable VICTORIA Starting Sept. 28, 2018, British Columbians can apply for new incentives to

More information

Morphallaxis: regeneration of a part or organism from a fragment by reorganization without cell proliferation (Allaxis : Greek for change/exchange).

Morphallaxis: regeneration of a part or organism from a fragment by reorganization without cell proliferation (Allaxis : Greek for change/exchange). 1 Morphallaxis: regeneration of a part or organism from a fragment by reorganization without cell proliferation (Allaxis : Greek for change/exchange). Logo design inspired by NZ s Human Rights Commission

More information

Pacific Northwest Pathways to Achieving an 80% reduction in economy-wide greenhouse gases by 2050

Pacific Northwest Pathways to Achieving an 80% reduction in economy-wide greenhouse gases by 2050 Pacific Northwest Pathways to 2050 Achieving an 80% reduction in economy-wide greenhouse gases by 2050 November 2018 Pacific Northwest Pathways to 2050 Achieving an 80% reduction in economy-wide greenhouse

More information

RLB GUIDE ACCREDITATIONS 2018/19

RLB GUIDE ACCREDITATIONS 2018/19 RLB GUIDE ACCREDITATIONS 2018/19 CONTENTS Executive Summary 3 BREEAM 4 LEED 8 SKA Rating 12 WELL Building Standard 16 Wired 20 Living Building Challenge 24 Accreditations Comparison Table 28 About Rider

More information

Green Request for Proposal ( RFP )

Green Request for Proposal ( RFP ) Green Request for Proposal ( RFP ) General Sustainability Your Company s green leasing policy. Tenant shall insert their overall green leasing policy statement. Agreement to cooperate to reach sustainable

More information

Esri Business Analyst (Canadian Edition) Map Your Way to Better Business Decisions

Esri Business Analyst (Canadian Edition) Map Your Way to Better Business Decisions Esri Business Analyst (Canadian Edition) Map Your Way to Better Business Decisions Esri Business Analyst (Canadian Edition) The Most Complete GIS and Data Solution for Geographic Business Analysis To

More information

FOUNDATIONAL RESEARCH BULLETIN

FOUNDATIONAL RESEARCH BULLETIN FOUNDATIONAL RESEARCH BULLETIN SUSTAINABILITY BY DESIGN A Design Vision for a Sustainable Region of 4 Million No. 2 May 2006 Growing a Greater Vancouver Region: Population Scenarios for a Region of 4 Million

More information

SMART CITIES SMART GRID REFUELING INFRASTRUCTURE SENSORS, COMMUNICATIONS AND NETWORKING SYSTEMS HUMAN FACTORS

SMART CITIES SMART GRID REFUELING INFRASTRUCTURE SENSORS, COMMUNICATIONS AND NETWORKING SYSTEMS HUMAN FACTORS SMART CITIES SMART CITIES Smart City development integrates multiple information and communication technology (ICT) and Internet of Things (IoT) solutions to manage a city s assets, optimize urban flows,

More information

Mandatory Benchmarking in the US and NYC

Mandatory Benchmarking in the US and NYC Mandatory Benchmarking in the US and NYC Ufei Chan 2016 LEED Breakfast Series: Mandatory Building Benchmarking Toronto, Canada April 5, 2016 Buildings, cities, and climate change Building sector greenhouse

More information

fedex ground New fedex ground hub For more info on this opportunity please contact: Representative Photo 6280 Altamont Drive, Klamath Falls, OR 97603

fedex ground New fedex ground hub For more info on this opportunity please contact: Representative Photo 6280 Altamont Drive, Klamath Falls, OR 97603 fedex ground Representative Photo For more info on this opportunity please contact: New fedex ground hub 6280 Altamont Drive, Klamath Falls, OR 97603 ZANDY SMITH zsmith@capitalpacific.com (415) 274-2707

More information

Wasting Resources Evaluating Heat & Water Recovery Opportunities in Wastewater Systems

Wasting Resources Evaluating Heat & Water Recovery Opportunities in Wastewater Systems Wasting Resources Evaluating Heat & Water Recovery Opportunities in Wastewater Systems Chris Johnston, PEng Kerr Wood Leidal Associates Erik Lindquist, PEng DEC Design Mechanical Consultants 1 Outline

More information

Energy Exchange Opportunities Leveraging Building Wastewater

Energy Exchange Opportunities Leveraging Building Wastewater Seven35 Condos North Vancouver, BC Presenting to: Energy Exchange Opportunities Leveraging Building Wastewater Presentation by: Rick Lawlor P. Eng. LEED AP Eastern Regional Sales Manager MARCH 13 2017

More information

LEED and Sustainability November 28 th,

LEED and Sustainability November 28 th, LEED and Sustainability November 28 th, 2013 12-1 John Purkis Senior Sustainability Advisor, TNS Dana Sperling - Education Manager, Greater Toronto Chapter - CaGBC Presenters John Purkis Senior Sustainability

More information

The Vision significant improvement entire life cycle

The Vision significant improvement entire life cycle ................... The Vision To create a significant improvement in how new and renovated buildings funded by the Government of Manitoba perform over their entire life cycle from an environmental, energy

More information

VENDOR CONSOLIDATION INITIATIVE (VCI) Core-Mark leads the way in logistic solutions

VENDOR CONSOLIDATION INITIATIVE (VCI)  Core-Mark leads the way in logistic solutions VENDOR CONSOLIDATION INITIATIVE (VCI) www.core-mark.com Core-Mark leads the way in logistic solutions Since 1888, Core-Mark has been a Core-Mark has an opportunity to improve your profits proven leader

More information

2015 Sustainability Report KingSett Capital Investing For The Future

2015 Sustainability Report KingSett Capital Investing For The Future 2015 Sustainability Report KingSett Capital Investing For The Future 2015 Performance Highlights 1 ENVIRONMENTAL 7.5 % 10 % reduction in energy use intensity (ekwh/sq.ft.) 2013: 42.3 2014: 40.8 2015: 37.8

More information

2017/2018. BC Housing s Sustainability Plan

2017/2018. BC Housing s Sustainability Plan 2017/2018 BC Housing s Sustainability Plan livegreen plan This livegreen Sustainability Plan provides linkages to the broader strategic priorities in BC Housing s corporate three-year Service Plan, and

More information

Deep Energy Retrofit of a HighRise MURB

Deep Energy Retrofit of a HighRise MURB Deep Energy Retrofit of a HighRise MURB COLIN SHANE M.Eng., P.Eng. RDH BUILDING SCIENCES INC. SAN FRANCISCO, CA AIA Credits National Institute of Building Sciences Provider #G168 Credit(s) earned on completion

More information

Let s Energize. Capturing District Energy Opportunities in Our Towns and Cities. September 20, 2016 Sandra Yee, FVB Energy Inc.

Let s Energize. Capturing District Energy Opportunities in Our Towns and Cities. September 20, 2016 Sandra Yee, FVB Energy Inc. Let s Energize Capturing District Energy Opportunities in Our Towns and Cities September 20, 2016 Sandra Yee, FVB Energy Inc. What is District Energy? Definitions: A planned energy system for a community

More information

BACKGROUND INFORMATION DEVELOPMENT COST CHARGE BYLAW REVIEW & UPDATE

BACKGROUND INFORMATION DEVELOPMENT COST CHARGE BYLAW REVIEW & UPDATE BACKGROUND INFORMATION DEVELOPMENT COST CHARGE BYLAW REVIEW & UPDATE On April 29, 2013 the District of North Vancouver adopted a new DCC bylaw containing new rates that become effective November 1, 2013.

More information

RPB RPB. Real Property Ins/tute of Canada 2016 RPIC Real Property Na7onal Workshop. Public Services and Procurement Canada

RPB RPB. Real Property Ins/tute of Canada 2016 RPIC Real Property Na7onal Workshop. Public Services and Procurement Canada Real Property Ins/tute of Canada 2016 RPIC Real Property Na7onal Workshop Public Services and Procurement Canada RPB RPB Mee#ng the goals of the Vancouver Declara#on on Climate Change in facili#es owned,

More information

GREEN BUILDING SHAPING THE CITY OF THE FUTURE INTERNATIONAL FORUM & EXPO 2016 SUSTAINABLE CITIES JULY 6-9, 2016 PANAMA CITY, PANAMA

GREEN BUILDING SHAPING THE CITY OF THE FUTURE INTERNATIONAL FORUM & EXPO 2016 SUSTAINABLE CITIES JULY 6-9, 2016 PANAMA CITY, PANAMA GREEN BUILDING SHAPING THE CITY OF THE FUTURE INTERNATIONAL FORUM & EXPO 2016 SUSTAINABLE CITIES JULY 6-9, 2016 PANAMA CITY, PANAMA 400 parts per million carbon dioxide in the atmosphere - May 10, 2013,

More information

Welcome / Bienvenue. RETScreen Training Institute RETScreen 101 Introduction to Clean Energy Project Analysis

Welcome / Bienvenue. RETScreen Training Institute RETScreen 101 Introduction to Clean Energy Project Analysis Welcome / Bienvenue RETScreen Training Institute RETScreen 101 Introduction to Clean Energy Project Analysis Hundreds Gather To Fight Global Warming! RETScreen s Mission: Empower Cleaner Energy Decisions

More information

TransformTO: Climate Action for a Healthy, Equitable, and Prosperous Toronto

TransformTO: Climate Action for a Healthy, Equitable, and Prosperous Toronto TransformTO: Climate Action for a Healthy, Equitable, and Prosperous Toronto TransformTO is engaging Toronto residents and businesses in imagining the transformative changes we will need to reduce our

More information

Transforming the local authority housing business

Transforming the local authority housing business HOUSING AND CONSULTANCY SERVICES Transforming the local authority housing business Making the most of HRA self-financing South West Housing Event April 2013 Jon Lloyd-Owen 07880 043574 jonlloyd-owen@sector-group.com

More information

Growing divide among primary and. secondary industrial markets

Growing divide among primary and. secondary industrial markets Canada Industrial, Q 16 Growing divide among primary and secondary industrial markets Availability Rate 5.6% New Supply 3.3 MSF Average Net Rent $6.49 PSF Net Absorption 1.6 MSF Figure 1: Availability

More information

Downtown Redevelopment in Ohio Three Perspectives MODERATOR HARRY EADON 10/19/2017 1

Downtown Redevelopment in Ohio Three Perspectives MODERATOR HARRY EADON 10/19/2017 1 Downtown Redevelopment in Ohio Three Perspectives MODERATOR HARRY EADON 10/19/2017 1 The Three Perspectives: Legislative David Robinson Consultative Hrishue Mahalaha Investor Mike Rose 10/19/2017 2 Retail

More information

OVERVIEW. RCAP Targets

OVERVIEW. RCAP Targets ACTION PLAN 1 OVERVIEW HEALTH: Lifestyles become healthier with more options for walking and cycling. Air quality is improved as we move to a renewable energy future and more vehicles are powered by electricity

More information

2012 BUS SERVICE PERFORMANCE REVIEW Bus Service Performance Review - Summary Report

2012 BUS SERVICE PERFORMANCE REVIEW Bus Service Performance Review - Summary Report 2012 BUS SERVICE PERFORMANCE REVIEW 1 2012 Bus Service Performance Review - Summary Report Blank page left intentionally 2012 BUS SERVICE PERFORMANCE REVIEW 2 Contents 1. Overview...3 Purpose of the Bus

More information

MARKETBEAT. U.S. Shopping Center Snapshot Q Lowest Vacancy in Six Years Despite Cloudier Outlook ECONOMIC INDICATORS. National (Yr/Yr Chg.

MARKETBEAT. U.S. Shopping Center Snapshot Q Lowest Vacancy in Six Years Despite Cloudier Outlook ECONOMIC INDICATORS. National (Yr/Yr Chg. National (Yr/Yr Chg.) National Shopping Center Market Rental Rate vs. Overall Vacancy Availability by Type Q4 14 Q4 15 GDP Growth 2.5% 1.8% CPI Growth 1.6% -0.4% Consumer Spending Growth 3.2% 2.6% Retail

More information

Efficiency Programs and Incentives - Strategies to Save

Efficiency Programs and Incentives - Strategies to Save July 11, 2018 Efficiency Programs and Incentives - Strategies to Save Large Commercial and Multi-Residential Markets Carmine Faiella, BAS Energy Solutions Consultant Enbridge Gas Distribution www.enbridgesmartsavings.com/business

More information

Partners for Climate Protection Program. A Presentation to Council The Village of Belcarra April 22, 2002

Partners for Climate Protection Program. A Presentation to Council The Village of Belcarra April 22, 2002 Partners for Climate Protection Program A Presentation to Council The Village of Belcarra April 22, 2002 1 OVERVIEW 1. Global Climate Change 2 2. Partners for Climate Protection Program 3 3. Available

More information

Metro Vancouver: Regional Spatial Planning and Economic Development. Christina DeMarco Policy and Planning Metro Vancouver

Metro Vancouver: Regional Spatial Planning and Economic Development. Christina DeMarco Policy and Planning Metro Vancouver Metro Vancouver: Regional Spatial Planning and Economic Development Christina DeMarco Policy and Planning Metro Vancouver ISRN May 5, 2010 Problem Statement Will private market land investment decisions

More information

Saskatchewan Labour Force Statistics

Saskatchewan Labour Force Statistics Saskatchewan Labour Force Statistics March 2018 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering March 11 th to 17 th,, 2018, there were 562,700 persons employed

More information

Opportunities to decarbonize the building sector through renewables

Opportunities to decarbonize the building sector through renewables Workshop - Mitigation in the building sector Opportunities to decarbonize the building sector through renewables Bonn, Germany 31 July 2017 Strong growth in urban energy use More than half of all people

More information

Sustainability Modelling and Case Study

Sustainability Modelling and Case Study Sustainability Modelling and Case Study Dr. Thomas Tang May,7, 2013 Outline Sustainability dealing with future change What does a sustainable city look like? SSIM TM Case study How do we make Hong Kong

More information

Benchmarking of Energy Savings Associated with Compact Fluorescent Lighting in Homes

Benchmarking of Energy Savings Associated with Compact Fluorescent Lighting in Homes Benchmarking of Energy Savings Associated with Compact Fluorescent Lighting in Homes Anil Parekh, CANMET Energy Technology Centre, Natural Resources Canada ABSTRACT Energy efficient compact fluorescent

More information

Learning Objectives. The Role of LCA in Green Building Design and Assessment: Focusing on True Environmental Performance Measures

Learning Objectives. The Role of LCA in Green Building Design and Assessment: Focusing on True Environmental Performance Measures The Role of LCA in Green Building Design and Assessment: Focusing on True Environmental Performance Measures Program Education Credit Information Wood Products Council and the Wood Solutions Fair is a

More information

Guide 10. Green buildings. Municipal Toolkit. Building a Low-Carbon Future

Guide 10. Green buildings. Municipal Toolkit. Building a Low-Carbon Future Guide 10 Blue Dot Green buildings Municipal Toolkit Building a Low-Carbon Future Blue Dot Municipal Toolkit People in Canada take pride in this country s natural landscapes, rich ecosystems and wildlife.

More information

GLOBAL WARMING IMPACTS OF GROUND-SOURCE HEAT PUMPS COMPARED TO OTHER HEATING AND COOLING SYSTEMS

GLOBAL WARMING IMPACTS OF GROUND-SOURCE HEAT PUMPS COMPARED TO OTHER HEATING AND COOLING SYSTEMS - 1 - GLOBAL WARMING IMPACTS OF GROUND-SOURCE HEAT PUMPS COMPARED TO OTHER HEATING AND COOLING SYSTEMS Doug Cane, Principal and Brian Crossman, Associate, Caneta Research Inc.,Mississauga, Ontario, Canada

More information

Energy Benchmarking Report. Performance of the Canadian Office Sector

Energy Benchmarking Report. Performance of the Canadian Office Sector 2010 Energy Benchmarking Report Performance of the Canadian Office Sector About REALpac The Real Property Association of Canada ( REALpac ) is Canada s senior national real property association whose mission

More information

Data from the Waste Management Industry Survey and the Household Environment Survey

Data from the Waste Management Industry Survey and the Household Environment Survey Household participation in composting Data from the Waste Management Industry Survey and the Household Environment Survey Amanda Elliott October 1 st, 2009 Who am I? Why am I here? Amanda Elliott Analyst,

More information

Implications of Rising Sea Levels and a Lower Mainland Flood Management Strategy. Environmental Managers Association of BC Vancouver, BC

Implications of Rising Sea Levels and a Lower Mainland Flood Management Strategy. Environmental Managers Association of BC Vancouver, BC Implications of Rising Sea Levels and a Lower Mainland Flood Management Strategy Environmental Managers Association of BC Vancouver, BC Presented by: Fraser Basin Council November 16, 2017 The Alberta

More information

Building on Sustainability

Building on Sustainability BEST 2019 National Green Building Report KEY FINDINGS Building on Sustainability Carbon: BEST Buildings Continue to Reduce GHG Emissions Resilience: Are Buildings Ready to Weather the Storm? Building Photo:

More information

10/22/2012. Current Land Values & Cash Rental Rates. Nebraska Land Values Know how. Know now.

10/22/2012. Current Land Values & Cash Rental Rates. Nebraska Land Values Know how. Know now. Current Land Values & Cash Rental Rates Presented by: Allan Vyhnalek Platte County avyhnalek2@unl.edu Prepared by: T. Lemmons & A. Vyhnalek Adapted from: B. Johnson. (2012). Nebraska Farm Real Estate Market

More information

Climate Action Revenue Incentive (CARIP) Public Report for 2017

Climate Action Revenue Incentive (CARIP) Public Report for 2017 Climate Action Revenue Incentive (CARIP) Public Report for 2017 Local Government: TOWN OF GIBSONS Report Submitted by: Name: Lesley-Ann Staats Role: Director of Planning Email: lstaats@gibsons.ca Phone:

More information

Saskatchewan Labour Force Statistics

Saskatchewan Labour Force Statistics Saskatchewan Labour Force Statistics April 2018 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering April 15 th to 21 st, 2018, there were 558,300 persons employed

More information

STATE PARTNERSHIP AND ENERGY EFFICIENCY

STATE PARTNERSHIP AND ENERGY EFFICIENCY STATE PARTNERSHIP AND ENERGY EFFICIENCY CDCR AT A GLANCE Employees = 56,000+ Inmate Population = 117,000+ CDCR FACILITY BREAKDOWN 34 State-owned Adult Institutions 3 Juvenile Facilities Leased Correctional

More information

>> Asking Rents Stable And Vacancy Declines

>> Asking Rents Stable And Vacancy Declines Research & Forecast Report CENTRAL LOS ANGELES INDUSTRIAL Accelerating success. >> Asking Rents Stable And Vacancy Declines Key Takeaways Market Indicators Relative to prior period Forecast > The overall

More information

Saskatchewan Labour Force Statistics

Saskatchewan Labour Force Statistics Saskatchewan Labour Force Statistics February 2018 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering February 11 th to 17 th,, 2018, there were 555,800 persons

More information

Economics of Distributed Resources

Economics of Distributed Resources ELG4126- Sustainable Electrical Power Systems- DGD Economics of Distributed Resources Maryam Parsa DGD 03- Jan 21, 2013 Winter 2013 Question of the Week Sustainable Grid Development: How knowledge of economic,

More information

STORIES FROM AROUND THE WORLD

STORIES FROM AROUND THE WORLD COMMUNITY ENERGY PLAN IMPLEMENTATION STORIES FROM AROUND THE WORLD PETER GARFORTH, Garforth International LLC A WORLD OF CITIES 3 BILLION URBAN CITIZENS MAJORITY LIVE IN CITIES 2008 Urban Population passed

More information

Climate Action Revenue Incentive (CARIP) Public Report for 2017

Climate Action Revenue Incentive (CARIP) Public Report for 2017 Climate Action Revenue Incentive (CARIP) Public Report for 2017 Local Government: Report Submitted by: Town of Sidney Name: Mike van der Linden Role: Manager of Engineering Email: mvanderlinden@sidney.ca

More information

airflow in to, out of, and within buildings. These airflows are resisted by the airtightness of building elements including the exterior enclosure and

airflow in to, out of, and within buildings. These airflows are resisted by the airtightness of building elements including the exterior enclosure and Airflow in to, out of, and within buildings is a fundamental factor of indoor air quality, comfort, durability, and energy consumption. Multi-unit residential buildings are uniquely complex in this respect

More information

MAKING THE CASE FOR BUILDING TO ZERO CARBON

MAKING THE CASE FOR BUILDING TO ZERO CARBON MAKING THE CASE FOR BUILDING TO ZERO CARBON Canada Green Building Council February Executive 2019 Summary STUDY SUPPORTERS: ACKNOWLEDGEMENTS The development and publication of this study was made possible

More information

Peter Smith P.Eng and Guy Van Uytven, M. Eng., MBA, P.Eng., FCSSE

Peter Smith P.Eng and Guy Van Uytven, M. Eng., MBA, P.Eng., FCSSE Peter Smith P.Eng and Guy Van Uytven, M. Eng., MBA, P.Eng., FCSSE Warming of the climate system is unequivocal, human influence on the climate system is clear, and limiting climate change will require

More information

Transportation Resilience:

Transportation Resilience: Transportation Resilience: Opportunities for Regional and Cross-Sector Collaboration Steve Winkelman May 11, 2017 Adaptation Practitioners workshop: Collaborating for Regional Resilience Ontario Climate

More information

The IDP process. Nils Larsson, MRAIC Executive Director

The IDP process. Nils Larsson, MRAIC Executive Director The IDP process Nils Larsson, MRAIC Executive Director Problems in the conventional process The architect may develop a concept design that is agreed to by the client; After both parties are committed,

More information

Saskatchewan Labour Force Statistics

Saskatchewan Labour Force Statistics Saskatchewan Labour Force Statistics June 2017 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering June 11 th to 17 th,, 2017, there were 579,800 persons employed

More information

Saskatchewan Labour Force Statistics

Saskatchewan Labour Force Statistics Saskatchewan Labour Force Statistics June 2018 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering June 10 th to 16 th, 2018, there were 583,700 persons employed

More information

EXCELLENCE. achieved all 43 points pursued

EXCELLENCE. achieved all 43 points pursued EXCELLENCE achieved all 43 points pursued example of Oxford s environmental leadership & commitment Measuring & Reducing the Footprint of a Major Canadian Portfolio raised the bar for existing buildings

More information

Energy : Expanding Clean Energy and Energy Efficiency Manitoba Helping the World

Energy : Expanding Clean Energy and Energy Efficiency Manitoba Helping the World Energy : Expanding Clean Energy and Energy Efficiency Manitoba Helping the World 16 Manitoba is fortunate to have access to many sources of renewable energy. Our provincial greenhouse gas (GHG) emissions

More information

Building the Energy Pipeline: Capturing District Energy Opportunities in our Cities and Towns

Building the Energy Pipeline: Capturing District Energy Opportunities in our Cities and Towns Building the Energy Pipeline: Capturing District Energy Opportunities in our Cities and Towns March 27, 2007 Bruce Ander Chair, Canadian District Energy Association President, Markham District Energy Inc.

More information

New LEED v4.0 in Canada and the Environmental Product Declarations

New LEED v4.0 in Canada and the Environmental Product Declarations New LEED v4.0 in Canada and the Environmental Product Declarations Lindita Bushi, Ph.D., LEED Green Associate The Athena Sustainable Materials Institute Construct Canada 2016 - November 30 th W151 Session

More information

Demande R ANNEXE 4

Demande R ANNEXE 4 A Demande R-3774-2011 ANNEXE 4 COMPARAISON DES PRIX DE LA COMBINAISON SÉLECTIONNÉE AVEC LES PRIX DES PRINCIPAUX PRODUITS DISPONIBLES DANS LES MARCHÉS DU NORD-EST DE L'AMÉRIQUE ET LES COÛTS DE TRANSPORT

More information

State of the City. Chamber of Commerce November 1, The city that makes a difference

State of the City. Chamber of Commerce November 1, The city that makes a difference State of the City Chamber of Commerce November 1, 2007 Overview Snapshot of the city Council s first year: an update Key themes & opportunities for the future Snapshot of the city Population growth Household

More information

THE OLD CORN MILL CARBON NEGATIVE OFFICES TO LET

THE OLD CORN MILL CARBON NEGATIVE OFFICES TO LET THE OLD CORN MILL CARBON NEGATIVE OFFICES TO LET SUITES FROM 925 sq - 6,305 ft (85.93 sq m - 585.81 sq m) sq ft 2 0 11 N THE OLD COR MILL TO ARRANGE A VIEWING. Please call Charles Booth on 01226 372 718

More information