A cross-sectional study on sustainable solutions for commercial property in the city of Johannesburg for 2012
Thesis (MBA)--Stellenbosch University, 2012.
This study determined the status, in 2012, of the implementation of Sustainable solutions (SS) to commercial buildings in the City of Johannesburg. The term “going green” was seen as an alternative approach to business, but demonstrated necessity in the property industry. As greenhouse gas emissions drive the rising average global temperature at an alarming rate, the business environment cannot only be aware of the impact that business industries have on the livelihood of the growing population, but need to act promptly to ensure sustainability. Environmental sustainability is an important topic in decision making for businesses in South Africa and this study grouped renewable energy (RE) and energy efficiency (EE) to create sustainable solutions as the main concept of environmental sustainability. Renewable energy refers to finding an energy source like the sun or wind, but the main focus is on the purpose of sustainability of the energy resource and the supply. Eskom obtains 97% of their electricity for South Africa from coal power plants, but the reality is that coal is a limited resource that will not be available indefinitely unlike renewable energy. Energy efficiency on the other hand focuses on reducing the energy requirements of commercial buildings. As this concept received sufficient attention in South Africa, the present study was conducted to obtain further information to drive energy efficient practices. With energy efficiency, making basic adjustments in the design of new buildings to use less electricity can greatly contribute to their longevity and reduce the overall running costs that in turn enhance the sustainability for organisations that own or manage properties. By gathering the principals for renewable energy from natural resources and implementing energy efficient practices, the concept of sustainable solutions was conceived. The implementation of sustainable solutions also increases the value of properties, fosters economic enhancement, fosters socioeconomic improvement and most importantly improves the environment by reducing carbon emissions.