Green Building certification Philippines

As the Philippines positions itself as the regional hub of multinational corporations (MNCs), the demand for environment-friendly smart buildings is gaining traction.

A third of MNCs want their local headquarters in an “intelligent, ” eco-friendly skyscraper. This was revealed to Inquirer Property by architects, urban planners, a real estate professor and a consultant for environment sustainable structures.

Architect Willie Coscolluela, principal architect of W.V. Coscolluela & Associates, the local architectural firm behind the Zuellig Building, affirmed this. “You’d be surprised that there are multinational companies with a corporate mandate indicating (they should be in a) green building.”

Many MNCs require LEED

Dean Barone, president of Barone International, a sustainable design support services consulting firm and a Leadership in Energy and Environmental Design (LEED) consultant of Megaworld’s 8 Campus Place in McKinley Hill at the Bonifacio Global City in Taguig, told Inquirer Property that “many multinational corporations require LEED, but are unaware it can be done in the Philippines.”

Barone cited Wells Fargo, HSBC, Shell, Texas Instruments, and Johnson & Johnson as some of the MNCs that mandate LEED certification for all projects worldwide, including the Philippines.

Alaska owns 85 percent of the evaporated milk market and 65 percent of condensed milk market.LEED was created by the US Green Building Council, and is the most widely used green rating system worldwide.

Enrique Soriano, professor at Ateneo Graduate School of Business and senior adviser at Wong+Bernstein Business Advisory, said he estimated that “30 percent of MNCs prefer green buildings or LEED-certified developments.”

He explained: “Green growth is gaining momentum across developed and emerging economies like the Philippines. Green-building construction is growing eight times in the global market. Studies have indicated a 13- to 15-percent reduction in operating costs and a 10- to 12-percent increase in values.”

Architect and urban planner Felino Palafox Jr., president of the Philippine Institute of Environmental Planners, said “investors and responsible developers spend a bit more on the first three years on design and construction, and realize more savings on the next 97 years of the building.”


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Q&A

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What are the for LEED certification levels for green building?

The four LEED certification levels are: Certified, Silver, Gold & Platinum. They correspond to the number of credits accrued etc

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How To Get U.S. Green Building Council LEED Certification Points

LEED points are awarded for specific actions taken to ensure that a building's construction and ongoing operations promote energy conservation, waste management and other measures that reduce the overall environmental impact in the structure's operations and use. The four levels of LEED are listed below.