By: A.J. Magner, Executive Vice President, Jones Lang LaSalle
In recognition of Earth Day, Jones Lang LaSalle’s sustainability team published a new white paper, focused on why business leaders should consider green leases. The benefits are substantial and offer both quantitative and qualitative perks.
Why Consider a Green Lease?
Following are just a few of the benefits:
- Achieve cost savings from reduced utility consumption and waste-stream diversions. As detailed in the report, JLL clients have identified short-term utility spend savings of 3-13% from easy-to-implement, sustainable measures simply built into their leases.
- Keep employees happier, healthier and more productive. According to a 2009 CoStar study highlighted in the green lease report, workers in environmentally friendly buildings are, on average, 5% more productive and take 3% fewer sick days than others.
- Enjoy smarter profits. Ray Anderson, a consultant and pioneer of sustainable enterprise, argues that, “sustainability is a better way to a bigger and more legitimate profit” (source). This concept is further legitimized in Anderson’s book, Confessions of a Radical Industrialist, as well as economic strategist Umair Haque’s The New Capitalist Manifesto.
- Enhance your corporate image—within your industry, your neighborhood and your own walls. Going green isn’t just the smart thing to do; it’s the right thing to do. Buildings account for 30% of all greenhouse gas emissions, according to the U.S. Environmental Protection agency.
Download the full whitepaper, “10 Reasons You Should Have a Green Lease” for more information, and to get started on your path to sustainability.
Also, we’d love to hear how your company or your community celebrated Earth Day 2013! Our Cleveland office celebrated by helping client KeyCorp secure a new lease agreement—the largest green lease corporate headquarters deal in the United States. And, Jones Lang LaSalle was recently recognized with the 2013 Energy Star Partner of the Year – Sustained Excellence Award for the firm’s “continued leadership in protecting the environment through energy efficiency.” Who knew corporate sustainability could feel so good?
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As Executive Vice President, A.J. is responsible for the management of corporate account teams and relationships at the Cleveland office. He specializes in industrial and logistics, supply chain, and corporate solutions. View A.J.’s full bio to read up on his experience.