Rating Environmental Performance in the Building Industry: Leadership in Energy and Environmental Design (Leed)

20 Pages Posted: 21 Oct 2008

See all articles by Andrea Larson

Andrea Larson

University of Virginia - Darden School of Business

Stephen Keach

University of Virginia - Darden School of Business

Chris Lotspeich

University of Virginia - Darden School of Business

Abstract

Environmentally preferable or “green” building uses optimal and innovative design to provide economic, health, environmental, and social benefits. In 1993 the U.S. Green Building Council (USGBC) was formed by a broad range of building industry stakeholders from the public, private, and nonprofit sectors. It is a committee-based, member-driven, and consensus-focused nonprofit coalition leading a national effort to promote high-performance buildings that are environmentally responsible, profitable, and healthy places to live and work. In 2000, USGBC created the Leadership in Energy and Environmental Design (LEED) rating system. That voluntary standard was intended to transform the building market by providing guidelines, certification, and education for green building. LEED is a comprehensive, transparent, and market-driven framework for assessing buildings' environmental performance. Compared to standard practice, “green” buildings can provide greater economic and social benefits over the life of the structures, reduce or eliminate adverse human health effects, and even contribute to improved air and water quality. Opportunities for reducing both costs and environmental impact include low-disturbance land use techniques, improved lighting design, high performance water fixtures, careful materials selection, energy efficient appliances and heating and cooling systems, and on-site water treatment and recycling. Less familiar innovations include natural ventilation and cooling without fans and air conditioners, vegetative roofing systems that provide wildlife habitat and reduce storm water runoff, and constructed wetlands that help preserve water quality while reducing water treatment costs.

Excerpt

UVA-ENT-0053

Rev. Sept. 24, 2010

RATING ENVIRONMENTAL PERFORMANCE IN THE BUILDING INDUSTRY: LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED)

LEED provides building owners and operators a concise framework for identifying and implementing practical and measurable green building design, construction, operations and maintenance solutions.­

—U.S. Green Building Council

Introduction

. . .

Keywords: LEED, sustainability, construction industry, environment

Suggested Citation

Larson, Andrea and Keach, Stephen and Lotspeich, Chris, Rating Environmental Performance in the Building Industry: Leadership in Energy and Environmental Design (Leed). Darden Case No. UVA-ENT-0053. Available at SSRN: https://ssrn.com/abstract=909031

Andrea Larson (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.darden.virginia.edu/faculty/larson.htm

Stephen Keach

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Chris Lotspeich

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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