Better Buildings Alliance Unveils Green Lease Leaders Program

GreenleaseLike Energy Star and LEED before it, the Green Lease Leader recognition program seeks to promote uniform language into new or existing leases to save energy in buildings.

The program was developed by the Institute for Market Transformation (IMT) and the Energy Department’s Better Buildings Alliance with support from leading real estate practitioners.

“As more real estate companies look to engage tenants on energy performance, the lease is a natural starting point. Green Lease Leaders will ensure that stakeholders have a reliable, easy to understand method to signal their willingness to engage in green leasing and sustainable building operation,” said Kristen Taddonio, Manager of DOE’s Better Buildings Alliance.

Adopting changes to standard lease language may help reduce electricity and water consumption, improve tenant comfort, and allow the landlord and tenant to better control operating expenses while minimizing waste.

Landlords may struggle to determine what language should be added, what their competitors are doing, and whether or not other parties will be comfortable with proposed green lease clauses. Green Lease Leaders addresses this problem by creating an industry-approved definition of a green lease program and by recognizing landlords, tenants, and brokers nationally who are successfully meeting that standard.

The program application can be found at www.greenleaseleaders.com and the 2014 application cycle will run from January 15th to April 8th.

 

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