{"id":1004763089,"date":"2025-06-30T03:34:48","date_gmt":"2025-06-30T11:34:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004763089"},"modified":"2025-06-30T06:22:47","modified_gmt":"2025-06-30T14:22:47","slug":"boma-special-report-sustainabilitys-value-proposition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/boma-special-report-sustainabilitys-value-proposition\/","title":{"rendered":"BOMA Special Report: Sustainability&#8217;s Value Proposition"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>During a session at BOMA International\u2019s annual conference and expo on Sunday morning, Greg Walterscheid cited an eyebrow-raising statistic: About 30 percent of energy used in commercial buildings is wasted.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" data-attachment-id=\"1004763088\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/greg_walterscheid_terracon_boma_june29_800x600\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1751194707&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Greg_Walterscheid_Terracon_BOMA_June29_800x600\" data-image-description=\"&lt;p&gt;Greg_Walterscheid of Terracon Consultants speaks on adding value through sustainability at BOMA International&#8217;s annual conference and exposition. Photo by Paul Rosta&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Greg_Walterscheid of Terracon Consultants speaks on adding value through sustainability at BOMA International&#8217;s annual conference and exposition. Photo by Paul Rosta&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg?w=800\" alt=\"Tall white-haired in long-sleeved blue shirt speaking at the BOMA International Conference\" class=\"wp-image-1004763088\" style=\"width:385px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Greg_Walterscheid_Terracon_BOMA_June29_800x600.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">Greg Walterscheid of Terracon Consultants speaks on adding value through sustainability at BOMA International&#8217;s annual conference in Boston on Sunday. <em>Photo by Paul Rosta<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>That translates to the equivalent of 293,000 buildings, of 200,000 square feet, each sitting empty, noted Walterscheid, the national director of facilities services at Terracon Consultants. It also underscored his broader theme of sustainability as a value-add proposition.<\/p>\n\n\n\n<p>A well-known factor in this vast landscape of energy inefficiency is that so much of today\u2019s building inventory dates from before the emphasis on sustainability that\u2019s emerged in the last couple of decades. <\/p>\n\n\n\n<p>Citing estimates from the U.S. Energy Administration, Walterscheid noted that half of all commercial buildings were constructed between 1960 and 1999. Only 25 percent of commercial properties have been built since 2000.<\/p>\n\n\n\n<p>In a telling snap poll, several hundred audience members at the Boston Convention and Exhibition Center were asked to name the category of buildings they consider the greenest. Fifty-nine percent chose buildings designed to <a href=\"https:\/\/www.commercialsearch.com\/news\/uli-special-report-sustainability-meets-profitability\/\">net-zero standards<\/a>. Another 37 percent named existing buildings, and that was the category that Walterscheid finds is the strongest candidate.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/from-mandates-to-markets-how-non-financial-datas-shaping-the-future\/\">How Non-Financial Data\u2019s Shaping the Future<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>\u201cThe greenest building from a carbon impact perspective is one that\u2019s already built,\u201d he said. The reason existing buildings are the greenest is because it\u2019s preferable to continue to use the embodied carbon in an existing building rather than consume carbon in new construction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-change-agents\">Change agents<\/h2>\n\n\n\n<p>Walterscheid emphasized the importance of taking action now to get ahead of the big changes that are just ahead. \u201cBe aware, if you\u2019re not already, that the regulators are coming,&#8221; he warned. \u201cThey\u2019re going to be coming after those with bigger buildings, because that\u2019s where the opportunities are\u201d for reducing energy consumption. As an example, he cited Boston\u2019s Building Emissions Reduction and Disclosure Ordinance (BERDO). Starting this year, the ordinance requires owners of large buildings to reduce greenhouse gases and air pollution.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" data-attachment-id=\"1004763087\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/boma-expo-floor_june29_800x600\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1751200457&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"BOMA expo floor_June29_800x600\" data-image-description=\"&lt;p&gt;Elevated view of exhibit hall at Boston Convention and Exhibition Center &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;BOMA conference attendees visit exhibit hall at Boston Convention and Exhibition Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg?w=800\" alt=\"Elevated view of large convention center exhibit hall with booths and conference attendees\" class=\"wp-image-1004763087\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/BOMA-expo-floor_June29_800x600.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">BOMA conference attendees visit exhibit hall at Boston Convention and Exhibition Center. <em>Photo by Paul Rosta<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Step one in making progress toward efficiency and cost savings, he said, is understanding the building and the portfolio and having access to all necessary data. Artificial intelligence promises to help aggregate the relevant information, he predicted. The challenge today is \u201cbringing all these data streams together to help you make decisions in how you move forward.\u201d<\/p>\n\n\n\n<p>Walterscheid urged his audience to view building performance as a changing phenomenon that demands continuous monitoring. A new building doesn\u2019t operate the same way it did a year after it opens, he noted. \u201cThese are things that you can\u2019t just do once,\u201d he said. \u201cYou need to be thinking about doing these things on a regular basis.\u201d That calls for regular commissioning of building systems. The bottom line, he said, is extending the service life of building systems. \u201cAt the end of the day, that really achieves the sustainability goals.\u201d<\/p>\n\n\n\n<p>Property managers and asset managers sometimes face a big challenge in making the case for investing in sustainable upgrades. \u201cYou have to put on your sales hat, find the hot buttons that are going to get attention,\u201d Walterscheid advised. The process amounts to a marketing campaign within the organization. It\u2019s vital to document the value of upgrades and measure progress. \u201cDon\u2019t be an end-of-useful-life planner. Tie it into your game plan immediately.\u201d<\/p>\n\n\n\n<p>And as an audience member observed: \u201cIt\u2019s important for building owners to understand the cost of doing nothing on your building.\u201d<\/p>\n\n\n\n<p>Broad adoption of these principles would have a massive effect. As Waltersheid noted, studies have suggested that retrofitting existing buildings could be a $279 billion investment that would save $1 trillion in energy costs in 10 years and reduce emissions by nearly 10 percent nationwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terracon&#8217;s Greg Walterscheid offers best practices for cost-saving retrofits, as well as tips for making the business case to ownership. <\/p>\n","protected":false},"author":445,"featured_media":1004763087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21786],"tags":[],"class_list":["post-1004763089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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