News & Events

News & Events

11.9.2012

Opportunities and Risks in ‘Green Buildings’ — Be Careful Not to Overstate Certifications and Other Environmental Achievements

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Lane Powell Shareholder Mike Nesteroff authored an article in Seattle Business magazine’s November issue titled “Opportunities and Risks in ‘Green Buildings’ — Be Careful Not to Overstate Certifications and Other Environmental Achievements.” In the article, Nesteroff discussed the benefits and risks associated with “green buildings.”

Adopting green business practices in a challenging economy may seem like a luxury, but some tactics, such as reducing a commercial building’s energy usage, actually can save money and make a business more competitive. Problems, however, can arise when the building’s green attributes are oversold. Caution is advised when touting a green certification or using terms like “green building” or “sustainable” because mismatches between expectations and outcomes can lead to protracted disputes.

Read the article (PDF).