LEED is the gold standard for rating green building systems developed by the United States Green Building Council. It was created to encourage local and private construction companies to be more vigilant and more sustainable in their projects with architects and engineers to protect the environment from the negative effects of the construction industry. LEED certification has some advantages and disadvantages. Such as-
Advantages of LEED certification
Economic advantages
i. Approximately
61% of corporate leaders believe that sustainability improves market disparity
and financial performance.
ii.
Leed-certified buildings order the highest rents, while lease-up rates
typically average 20% above average; the vacancy rate for green buildings is
approximately 4% lower than for non-green properties.
iii.
It is the world’s leading green building project and performance management
system. It provides a comprehensive framework for green building design,
construction, operation, and performance.
iv.
It helps investors prioritize construction skills, reduce operating costs,
increase asset value and implement management practices to ensure productivity,
comfort, health, and well-being for residents.
v.
Cost-Effectiveness of leed-
-in
energy savings of $1.2 billion
-in
water savings of $149.5 million
-in
maintenance savings of $715.3 million
-in
waste savings of $54.2 million
Health advantages
i. LEED-certified
location employers report higher recruitment and retention rates and increased
employee productivity.
ii.
It creates clean air, access to daylight, and a healthy space free from harmful
chemicals found in paints and finishes.
iii.
Improving indoor air quality can reduce working hours affected by absence and
asthma, respiratory allergies, depression, and stress and lead to improved
productivity.
iv.
It makes a critical tool in reducing smog, energy-efficient buildings help
reduce pollution and improve outdoor air quality in major industrialized areas.
Environmental advantages
i.
Expected water storage from LEED commercial buildings is more than 7% of all
non-residential water use.
ii.
Nearly 4 billion vehicle miles of travel have been avoided by LEED building
occupants, thanks to the efficient location and alternative transportation
options.
iii.
By 2030, LEED projects will remove more than 540 million tons of waste from
landfills.
Disadvantages of LEED certification
i. Extremely expensive
Getting
LEED certification is not easy that requires a single amount of money which can
put you in a significant financial crisis. Registration costs range from 750 to
3750. Moreover, the cost of the certification fee and other things are
different.
ii. Cheating the system
Many
companies forget the real purpose behind LEED certification. LEED is sometimes
considered by many companies as a status symbol rather than a desire to be
green in the interests of the world.
iii. Demands Time and Energy
LEED
certification may seem like a smooth-shipping process, but it involves a lot of
intelligence and hard work. Getting a certificate is as daunting as it gets.
iv. Innovation Points
Typically,
4 bonus points are awarded by LEED for innovative designs. This means that if
you can't create the most sophisticated sustainable design, you will definitely
lose those points. For small and medium-sized companies, it is difficult for
innovative architects to raise large sums of money.
v. Bottom Line
LEED
certification requires a great deal of intelligence. Since this is a promise,
you need to think before proceeding with the idea. It can make a huge
difference for you.
vi. Many variables overlooked
LEED
is not a performance tool; it is a design tool. All LEED buildings must report
their annual energy and water usage. However, there is no way to determine if
they are actually trying to save energy.
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