Business Benefits - Reduced liability and risk

Reduced liability and risk

According to the OECD's Environmentally Sustainable Buildings report (2003), illness from indoor air pollution has become one of our most acute building challenges - with building materials, ranging from paints to carpets, leading to occupational health issues.

As office, retail and healthcare workers spend up to 90 per cent of their time indoors, and students and teachers spend around six hours a day inside, the risks of poor ventilation and air supply, and cross contamination of illnesses, mean tighter controls on indoor environment quality is inevitable.

Green Star buildings minimise the use of hazardous materials and volatile organic chemicals, creating healthier spaces for occupants. Tom Cantwell, Partner or Phillips Fox, believes it is "only a matter of time before property investors have to consider sustainability in the due diligence process to mitigate their risk."

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