All companies in which China Navigation Company (CNCo) Group has a controlling interest, its affiliates and subsidiaries should adopt an appropriate sustainable design standard for new and existing buildings owned or used by the company unless it is technically or functionally not feasible, economically excessive as compared with the overall project cost, under short term lease or minority ownership.
Associated and Jointly Controlled companies are encouraged to follow this policy.
New buildings should aim to obtain the second highest grade or above under an internationally or locally recognised building environmental assessment standard such as the Leadership in Energy and Environmental Design (LEED) or Building Environmental Assessment Method (BEAM Plus) for the relevant establishments. CNCo Group is encouraged to strive for better performance by seeking to obtain the highest grade under such assessment systems when practicable.
Existing buildings should aim to obtain the second highest grade or above under a recognized standard for the relevant establishments whenever there are major renovations or refurbishments.
Retrofitting commercial premises should also aim to be certified under a recognised standard e.g. BEAM Plus Interiors or LEED for Retail: Commercial Interiors, where practicable.
Rental premises should be assessed by a recognised standard and preference given to such premises where practicable.
Reassessment should be carried out regularly in accordance with the requirement of the adopted standard. This ensures that the status of the building continues to meet the standard that was prevalent at the time, with due consideration given to upgrading in the event that standards have been raised.
CNCo Group is encouraged to seek the technical assistance from the Swire Pacific Ltd Sustainable Development Office and/or the Energy Committee.
Green buildings intend to use resources more efficiently when compared to conventional buildings. The benefits of implementing a sustainable design strategy range from improving air and water quality to reducing solid waste, benefiting owners, occupiers, and society as a whole. Although the cost of initial design and construction may increase slightly when a green building design is pursued, these higher initial costs are anticipated to be offset by the savings incurred over time due to operational efficiency. Moreover, benefits in the form of employee productivity gains can also result from working in a healthier environment.
Some commonly used and respected building rating standards include BEAM/BEAM Plus, LEED, Building Research Establishment Environmental Assessment Method (BREEAM), Green Mark (Singapore) and Green Building Label (China).