In a separate initiative to the green addendum, we’re reducing energy consumption in the common areas of our buildings through energy efficient lighting projects, to reduce utility bills for tenants.
For our Office team, the lighting project forms part of a unique four-pronged approach to sustainability that covers waste management, lighting, energy efficiency and water saving. Energy efficient lighting has been installed in the basement parking in 16 multi-tenant Office properties in Johannesburg, Subsidised by Eskom, the project will cut energy consumption by 499 200kWh a year and save tenants some R449 280 a year in electricity bills.
We’ve followed suit in the basement parking lighting of 11 Retail properties and a similar project for 23 Cape Town Office properties will take place later this year.
Research is also being done on mechanisms to decrease water consumption in our buildings. And because we want our research to go as far as possible, our Utilities team is compiling an electronic library of sustainability data that will be available to all Growthpoint staff on the intranet.