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Green Building Rating Systems: Energy Benchmarking Study

Green Building Rating Systems: Energy Benchmarking Study

Year Published

2020

Contributing Organizations

Hong Kong Green Finance Association (HKGFA)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Buildings & Real Estate
Topic 2
Disclosure Standards

Target Audience

Asset Owners
Asset Managers
Banks
Private Equity
Governments & Policymakers

Relevant Geography

Asia & the Pacific
Green Building Rating Systems: Energy Benchmarking Study

Resource Description

This study examines the effectiveness of green building rating systems and energy benchmarking tools in improving actual energy performance. It compares major frameworks such as LEED, BREEAM, and EDGE, and analyzes their relationship to real-world energy use.

Why This Matters

Buildings are a major source of energy consumption and emissions. Ensuring that certifications drive real efficiency gains is essential for achieving climate and energy goals.

Key Insights

  • Green certifications often prioritize design intent rather than measured performance, leading to a performance gap
  • Benchmarking tools increase transparency but differ in methodology, scope, and accuracy
  • There is limited correlation between certification and operational energy efficiency
  • Recommends aligning rating systems with measured energy outcomes and enhancing data reporting requirements
  • Suggests harmonizing certification and benchmarking frameworks to improve accountability and impact

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