Green Vision Consultants’ Post

🌍 Sustainable Finance and the Built Environment: Closing the CAPEX-OPEX Disconnect. I had the pleasure of being invited to co-lead a technical workshop for the Emirates Green Building Council. In the UAE, 27% of CO2 emissions as of 2019 (baseline) came from the building sector, and the built environment could contribute 56% of the UAE’s emission reduction target to achieve #net #zero by 2050. One question struck me during our discussions, thank you Sebastien Miller: Why do developers focus so much on CAPEX, while OPEX often gets overlooked? The disconnect between CAPEX and OPEX leads many to miss the full potential of sustainable building practices. Developers may opt for cheaper, less sustainable materials to reduce CAPEX, without considering the OPEX implications like higher energy consumption, maintenance, or water inefficiencies, which ultimately impacts both tenants and the environment. By investing in green buildings, we can save up to 50% on energy consumption and 30% on water usage through better insulation, energy-efficient systems, and renewable energy integration. But beyond the environmental benefits, there are significant economic and social advantages to sustainable construction, such as: 💡 Key Benefits: - Lower operating costs and utility bills - Increased property value and higher market demand from tenants and buyers - Attractive investment opportunities for global investors and corporate tenants committed to sustainability - Improved air quality and healthier indoor environments through non-toxic materials and better ventilation - Enhanced quality of life through more comfortable living and working spaces, boosting well-being and tenant stability Let's start taking a more holistic approach that considers both CAPEX and OPEX, so we can create more resilient, sustainable, and profitable buildings for the future. Do get in touch with us if you need any support on (i) sustainable finance or (ii) decarbonisation! #Sustainability #GreenBuildings #SustainableFinance #NetZero #UAE #BuiltEnvironment #SustainableConstruction #CAPEX #OPEX #RealEstate #ESG Accuracy Abdullatif Albitawi Lana AbuQulbain Khaled Bushnaq Noémie Lewertowski - Team development is key at our firm, and you are thriving is many aspects! Thank you for letting me share the floor with you!

🔜 Join our CEO, Farouk Jivani, speaking at the Energy & Sustainability Summit, endorsed by Dubai Supreme Council of Energy on the 7th of March 2020, at the Habtoor Grand Resort in JBR (Dubai). Farouk will join a host of esteemed change-makers in the industry including Farah Naz FCIBSE, Ahmed Labeeb, Abdullatif Albitawi, Dr. Yianni (Ioannis) Spanos. The panel will cover topics including the assessment of progress towards Net Zero, the implementation of new governance post-COP28, shifting towards long-term environmental sustainability over short-term profits, and addressing the decarbonization challenges in these sectors. It also explores how stakeholders can drive change without government mandates, lessons from international governance on sustainability, and the importance of genuine sustainable practices over greenwashing for real business benefits. #essummit MEConstructionNews.com #energy #sustainability #construction #climateaction #netzero #decarbonization

𝐏𝐚𝐫𝐬𝐨𝐧𝐬 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐍𝐚𝐦𝐞𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫. Parsons Corporation has been awarded second place in the Sustainable Consultancy of the Year category at the 13th Dubai Award for Sustainable Transport, highlighting its commitment to environmentally friendly infrastructure solutions. #SustainableConsultancy #DubaiAward #GreenInfrastructure #ArabNews #ArabTimes #ArabTimesNews

The era of the 'old guard' is coming to an end. Green building certification has its place, but it’s not the cornerstone of truly sustainable real estate. What truly matters is having a team with deep expertise in building engineering, design, and energy modeling—one that can deliver genuinely low-carbon buildings. This is the bedrock of comprehensive sustainability services. It’s time to move beyond the outdated approaches. The market needs fresh players—specialists in building performance who focus on tangible outcomes, not just ticking boxes on a scorecard. Lowering CapEx, reducing OpEx, and cutting carbon—this is our mission. Meet Elevation Carbon: a new player, a game-changer, revolutionizing the delivery of sustainable real estate. Born in Abu Dhabi, we’re here to help the capital achieve its net-zero targets. We maximize value and minimize risk. Let’s talk. #energyperformance #Estidama #LEED #greenbuildings

We can’t tackle tomorrow’s challenges with yesterday’s methods. While there's value in tried-and-tested methods, sticking rigidly to them can sometimes leave us feeling dated, especially in an industry as dynamic as construction. This is why it’s important to be open to changing our direction and exploring fresh perspectives. For instance, with sustainability becoming a central focus in our industry, especially here in the UAE, it's crucial to re-examine our traditional approaches. Rider Levett Bucknall RLB's recent membership in the Emirates Green Building Council offers us an excellent chance to stay ahead of the curve, and enhance our sustainability efforts: ✅ It’s a chance for our teams to learn, grow, and innovate in green building practices. ✅ We get to access valuable insights and resources as we work towards the UAE’s Green Agenda 2030. By investing in our team’s professional growth and staying ahead of green building trends, we’re better positioned to support our clients in meeting their ambitious goals. I’m genuinely excited about the opportunities these new learning experiences will bring. As project managers, it’s essential that we keep pushing the envelope and driving our industry towards more sustainable practices. Let’s keep the conversation going - how are you adapting and growing in your role? #ProjectManagement #Construction #Sustainability

"The scope of our work is not just advisory. It is important to educate our clients and building owners about the positive impacts of adopting a building lifecycle mindset. This ensures that decisions are not solely based on initial capital investment. Our responsibilities extend beyond this, and the value we provide is for the long term," Barry O'Reilly, Director of Project & Development Services UAE, at acm - Advanced Conferences & Meetings' 4th Edition of Sustainable Buildings and RetrofitTech Summit in Abu Dhabi. #SeeABrighterWay #JLL #fromAtoZeroCarbon #ProjectManagement #retrofittechad #retrofitabudhabi #retrofittechmena #retrofittechuae #retrofitting #sustainability #energyefficiency #netzero #renewablenergy #energyefficient #sustainablebuildings

The **3 Pearl Estidama** is a sustainable development initiative specific to Abu Dhabi, part of the broader "Abu Dhabi Vision 2030." The term "Estidama" means "sustainability" in Arabic and represents a set of guidelines for building and community development that aims to balance environmental, economic, social, and cultural aspects. At the core of Estidama is the **Pearl Rating System (PRS)**, which rates buildings and communities on their sustainability efforts. The system includes several levels, ranging from 1 to 5 Pearls, with higher ratings indicating more significant sustainability achievements. A rating of **3 Pearls** signifies a strong commitment to sustainability, surpassing basic legal requirements and incorporating advanced sustainable practices. The Pearl Rating System evaluates various aspects of development, including: 1. Water Conservation: A key focus due to the arid climate of Abu Dhabi. 2. **Energy Efficiency**: Emphasis on reducing energy consumption and promoting renewable energy sources. 3. Material Use: Encouraging the use of sustainable and locally sourced materials. 4. Indoor Environmental Quality: Ensuring healthy and comfortable indoor environments. Buildings achieving 3 Pearls must demonstrate significant improvements in these areas, providing benefits such as reduced resource consumption, improved occupant health and comfort, and lower environmental impact. This system is unique in its adaptation to the local climate and cultural context, supporting the sustainable growth of Abu Dhabi while preserving its heritage.

Saudi Arabia is investing in sustainability goal to explore innovative approaches that leverage nature for sustainable development. Secondly, it will emphasize the “effective implementation of innovative solutions,” focusing on practical strategies to integrate cutting-edge technologies and practices in the green building sector. Integrating ISO 9001 Certification with Sustainability ISO 9001 guides integrating sustainability into three different steps which includes, 1.Conducting a Sustainability Assessment 2.Developing a Sustainability Policy. 3.Monitoring and Measurement. https://lnkd.in/dWVg-442

I am pleased to announce that the latest issue of #SASBE has been published on the theme of “sustainable development in addressing climate change”: Link to Editorial: https://lnkd.in/egqrcyDD Link to the full issue: https://lnkd.in/ebyQUn8q I encourage you to check the papers: Editorial: The role of sustainable development in addressing climate change Mina Najafi, Farzad Rahimian An evaluation of stakeholders' participation process in developing smart sustainable cities in Saudi Arabia Abood Khaled Alamoudi, Rotimi Boluwatife Abidoye, Terence Y.M. Lam BIM-IoT-FM integration: strategy for implementation of sustainable water management in buildings Luciana Teixeira Batista, José Ricardo Queiroz Franco, Ricardo Hall Fakury, Marcelo Franco Porto, Lucas Vinicius Ribeiro Alves, Gabriel Santos Kohlmann Including local actors' perspective in neighborhood sustainability assessment: evidence from Dubai's sustainable city Nermin Dessouky, Stephen Wheeler, Ashraf M. Salama Drivers for design for deconstruction (DfD) implementation among design professionals Hayford Pittri, Kofi Agyekum, Edward Ayebeng Botchway, João Alencastro, Olugbenga Timo Oladinrin, Annabel Morkporkpor Ami Dompey Measuring agricultural loss and the impact of differing dwelling types: a case study in Melbourne Jean-Pierre El Wazan, Ruwini Edirisinghe Ground-level documentation of heat stress exposure and response strategies in informal settlements in Tshwane, South Africa Jan Marais Hugo, Paul Walter Sonnendecker From awareness to action: a study of the effectiveness of environmental economic practices for sustainable construction in Nigeria Ayodeji E. Oke, John Aliu, Erastus M. Mwanaumo, Onoriode Austin Odia, Charles Kahanji, Callistus Tengan Urban building energy modelling-based framework to analyze the effectiveness of the community-wide implementation of national energy conservation codes Omprakash Ramalingam Rethnam, Albert Thomas The green office environment: New Zealand workers' perception of IEQ Eziaku Onyeizu Rasheed, James Olabode Bamidele Rotimi Simplified rating tool to evaluate sustainable practices of small-scale infrastructure projects in Australia – a comparative review Malindu Sasanka Sandanayake, Zora Vrcelj, Yanni Bouras, Hing-Wah Chau, Patrick Hastings An innovative methodology for the assessment of the social discount rate: an application to the European states for ensuring the goals of equitable growth Francesco Tajani, Debora Anelli, Felicia Di Liddo, Pierluigi Morano A comparison of low-cost housing units for varying climatic regions in South Africa: a knowledge management approach Francine van Tonder, P.D. Rwelamila Effectiveness of equipping bus stop shelters with cooling and filtering systems in a city with tropical climate Erik Velasco, Elvagris Segovia   #academia #research #digital #smart #sustainable #construction

🌍 #SustainabilityinRealEstate: #OurResponsibility I was touched to know that the real estate industry is responsible for up to 40% of total #globalcarbonemissions 🌫 . This staggering statistic highlights the urgent need for #sustainablepractices in our industry. As #stakeholders in real estate, we have a pivotal role in driving the change towards a more sustainable future. 🛤 The UAE has set an ambitious goal 🎯 of reaching net zero carbon emissions by 2050. As real estate professionals, we should share this vision and work collectively to achieve it. Implementing sustainable practices is not just an option; it’s our responsibility 💪 . From utilizing green building materials and energy-efficient technologies to embracing innovative designs and regulatory standards like the #Estidama and AlSa'afat rating system, we have numerous avenues to reduce our #carbonfootprint and enhance environmental stewardship. 🍀 By integrating sustainability into every phase of real estate development, we can significantly mitigate the environmental impact and create healthier, more resilient communities 🌳 . Let's commit to making sustainability a core value in our projects, ensuring a better tomorrow for future generations. #Joinme in this conversation and share your insights on sustainability in real estate by participating in my survey: https://lnkd.in/dRckEtfJ #Sustainability #RealEstate #GreenBuilding #EnvironmentalImpact #CarbonFootprint #SustainableDevelopment #Estidama #GreenFinance #NetZero2050 #Greenagenda