In recent years, the push towards environmentally sustainable practices has become increasingly important for individuals and businesses alike. Incorporating green energy and sustainable design elements into your commercial space is not only the right thing to do from an environmental standpoint, but it can also offer numerous benefits for your business. In this blog post, we will discuss the value of incorporating green energy and sustainable design elements into your commercial space and how doing so can attract clients, new employee talent, longer lease terms at better rates, and increased brand appreciation or value.
Attracting Clients Incorporating green energy and sustainable design elements into your commercial space can help attract clients who are committed to environmentally sustainable practices. According to a 2019 study conducted by Nielsen, 73% of consumers surveyed said that they would change their consumption habits to reduce their impact on the environment. Additionally, a study by Cone Communications found that 90% of consumers would switch to a brand associated with a good cause, such as environmental sustainability. By demonstrating your commitment to environmentally sustainable practices, you can attract and retain clients who share your values.
Attracting New Employee Talent Incorporating green energy and sustainable design elements into your commercial space can also help you attract new employee talent. In a study conducted by Universum, 80% of millennials said that they consider a company’s social and environmental commitments when deciding where to work. Additionally, a survey by Randstad found that 82% of employees said that they would be more loyal to a company that was socially and environmentally responsible. By incorporating green energy and sustainable design elements into your commercial space, you can attract and retain employees who share your commitment to environmentally sustainable practices.
Longer Lease Terms at Better Rates Incorporating green energy and sustainable design elements into your commercial space can also help you secure longer lease terms at better rates. According to a study conducted by the Department of Energy, buildings with green certifications have higher rental rates and occupancy rates than non-certified buildings. Additionally, a study by CoStar found that green-certified buildings have a lower vacancy rate than non-certified buildings. By incorporating green energy and sustainable design elements into your commercial space, you can increase the value of your building and attract tenants who are willing to pay higher rent for environmentally sustainable buildings.
Increased Brand Appreciation or Value Incorporating green energy and sustainable design elements into your commercial space can also increase your brand appreciation or value. According to a study by Interbrand, companies that prioritize sustainability outperform their competitors in terms of financial performance. Additionally, a study by The Economist Intelligence Unit found that 66% of executives believe that sustainability is critical to their company’s success. By incorporating green energy and sustainable design elements into your commercial space, you can demonstrate your commitment to sustainability and increase the value of your brand.
In conclusion, incorporating green energy and sustainable design elements into your commercial space can provide numerous benefits for your business, including attracting clients and new employee talent, securing longer lease terms at better rates, and increasing brand appreciation or value. These benefits are supported by numerous studies, demonstrating the tangible value of environmentally sustainable practices for businesses. By prioritizing sustainability in your commercial space, you can not only do your part to help the environment but also benefit your business in tangible ways.