What is a green building rating system?
A green building rating system or certification tool serves to provide a standard against which buildings with different levels of environmental design and efficiency can be compared. The primary objective of these mechanisms has been to stimulate market demand for buildings with improved environmental performance. An underlying premise is that if the market is provided with improved information and mechanisms, discerning clients can and will provide leadership in environmental responsibility and others will follow suit to remain competitive. Rating systems and labelling programs are considered one of the most potent and effective means to both improve the performance of buildings and transform market expectations and demand.