Due to the high volume of office, retail and multifamily properties unable to achieve LEED certification because of cost, IREM has launched what is calls an “affordable, attainable alternative.”
The IREM Certified Sustainable Property, certification is more customized to property managers who have sustainability programs, but can’t demonstrate green performance to stakeholders.
The certification is available to three main property types: offices, multifamily communities and shopping centres.
“IREM believes that good management matters and that it improves the quality of life for the people who live, work and shop in the properties we manage,” says Lori Burger, president of IREM. “The IREM Certified Sustainable Property certification demonstrates quality, responsible management to owners, tenants and residents, and other stakeholders.”
Performance is assessed in five categories, including energy, water, health, recycling and purchasing. There will be 15 baseline requirement and managers must earn at least 62 category points. A checklist, workbook and document list for each property type is available during the process with templates and forms for every requirement and point activity
IREM says it’s rewarding past action by three years, so if building owners are working on the certification process in November 2015, they can set their baseline beginning January 2012.
Recertification is every three years.