This post examines the importance of successfully communicating the importance of sustainability for the bottom line, in terms of risk mitigation, value opportunities and business benefits associated with sustainability to an organization’s CFO. The CFO is typically ultimately responsible for investor relations, facilities, purchasing, human resources, IT and have a large impact on all organizational resource allocation decision making in general, and CFOs can have a major impact on the ultimate success or failure of an organizations sustainability programs.
Developers and facilities owners nationwide are spearheading the Integrated Project Delivery (IPD) movement in the design and construction management industry. Due to long-term ownership and aggressive goals of high performing buildings at lower costs toward energy and potable water expenditures, an increasing number of building owners are constantly seeking new avenues to streamline risk and opportunities associated with standard contractual relationships such as Construction Manager-At Risk, Owner-Architect Agreement (AIA-B141), and Owner-Contractor Agreement (AIA-A101).
The following is an account of one day on the job with Kathrin Winkler. She is Sr. Director and Chief Sustainability Officer at EMC Corporation, where she has a history of taking on entirely new roles in which she has to fill in the interstices between more traditional functions. She took on the full-time sustainability position in July of 2008.
The Princeton Review, today released its second annual Green Ratings of colleges. In this measure of how environmentally friendly the institutions are on a scale of 60 to 99, the company tallied its Green Ratings for 697 institutions based on data it collected from the colleges in 2008-09 concerning their environmentally related policies, practices, and academic offerings. The Princeton Review also named 15 colleges to its “2010 Green Rating Honor Roll” – a list that salutes the institutions that received the highest possible score – 99 – in this year’s rating tallies.