More than 50 of British Columbia’s commercial real estate owners and managers have agreed to voluntarily measure, report, and disclose their buildings’ energy use and greenhouse-gas emissions under a recently launched pilot program.
The companies and individuals collective oversee the 730 commercial, residential, industrial, and institutional properties that are now registered with Building Benchmark BC. Taken together, the properties collectively represent roughly 22 million square feet of real estate.
“Frankly, we’re thrilled with the uptake,” said David Ramslie, vice president of sustainability for Concert Properties and one of the Building Benchmark BC organizers. “Now that they’ve registered, these professionals can make savvier decisions on capital investments and upgrades, while helping local governments more effectively support them.”
Participating building owners and managers can see how their properties compare with others on energy and climate pollution. The data also helps participating local government identify areas and building types that will need extra support from energy-efficiency rebates.
The City of North Vancouver, City of Victoria, District of Saanich, and Township of Langley recently joined Burnaby, Richmond, Surrey, and Vancouver in the pilot, which launched in January. Metro Vancouver and the University of British Columbia are also participating.
Building owners and managers who opt in to the voluntary Building Benchmark BC pilot program will receive detailed performance data and a clear picture of where their properties rank on energy and climate pollution relative to similar buildings. This information will help them make more informed investment decisions.
The pilot remains open to any British Columbia–based owners or/or managers of commercial real estate.