Billions of dollars of industrial buildings risk becoming ‘stranded assets’ if they can’t show that they are low or zero carbon, warns a new report from the Australian and New Zealand Green Building Councils.

Green Star in focus: The case for sustainable industrial buildings finds that new Green Star certified industrial buildings produce 66% fewer greenhouse gas emissions than standard buildings and shows that a minimal 2% upfront cost to support green design can result, on average, in lifecycle savings of 20% of total construction costs.

The report underscores that the technology, design, materials and expertise are available now to build more sustainable buildings which will meet investors’ growing demand for future-proofed investments that uphold environmental and social governance principles.

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