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What are the barrier’s facing construction companies that hinder…
What are the barrier’s facing construction companies that hinder development of six-star green buildings and how may they be overcome through opportunities?
Green Building
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Green Star rating
Green Star ratings is a internationally-recognised Australian sustainability rating and certification system
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Barriers
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Unaffordability
Harder to achieve 6 Star Green Star rating due to unaffordability so companies may adopt easier targets by avoiding six-star rating
Unaffordability due to bigger budget needed to comply with six-star green building due to more requirements needed to be met
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Opportunities
Competition
Incentive to build 6 star as construction companies compete with each other for higher sustainability
Rules and Regulations
Stricter Rules and Regulations may give incentive to construction companies to perform better in terms of sustainability
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