The business case for green building is clear. Global evidence confirms green buildings deliver a range of quantitative and qualitative benefits, including lower operating costs and higher returns, enhanced productivity, faster patient recovery times and better learning results.
ECOPact’s Green Star and Infrastructure Sustainability rating criteria are immediate and tangible benefits before those gains also affect the bottom line. Already, Green Star-rated office buildings deliver a 4.3% ‘green premium’ at the time of sale, a 13% higher return, as well as a 56% lower vacancy rate.
Importantly, King believes a change in thinking is required to ensure low carbon concrete creates a genuine market that will absorb any early costs. “In the short-term it will be a little more expensive but unless you start using it, and we make a genuine market, you’re never going to get to a stage where it’s sustainable.”
PC Walls doesn’t mind leading the WA sector in sustainable practice though, particularly with its suite of reliable customers who look for unique, sustainable answers. “At the end of the day we provide solutions,” King says.
“Innovation is our point of difference and sustainability fits into that. You’ve got to have a sustainable economy and every bit helps,” King says. “That’s how I treat everything in business and life. I can feel good about what I’m doing because I’m doing what I can do to encourage sustainability.”