Research Paper
Management
E-ISSN No : 2454-9916 | Volume : 5 | Issue : 5 | May 2019
REEN BUILDING: THE NEED OF THE HOUR
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Dr. Vinod N. Sambrani | Chinta Sunny Augustine Rao 1 2
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Associate Professor, Kousali Institute of Management Studies, Karnatak University, Dharwad – 580003. Research Scholar, Kousali Institute of Management Studies, Karnatak University, Dharwad – 580003.
ABSTRACT Purpose: Biological lopsided characteristics and biodiversity issues are expanding step by step. Numerous researchers and scientists are talking about national issues like carbon credits, a dangerous atmospheric deviation and atmosphere changes coming about into normal catastrophes and calamities in national and global gatherings. Abundance use of characteristic assets as crude materials by manufacturing plants, ventures and other business associations has prompted increment in natural contamination and there is likewise gigantic weight on these assets of our Earth to satisfy prerequisites of coming ages. Design/methodology/approach: The study is primarily based upon the secondary data. For this extant literature related to the topic from different databases, websites and other available sources were collected. A systematic review of collected literature was done in detail. Practical implication: Green building is one of measures been advanced to alleviate significant effects of the building stock on the earth, society and economy. Be that as it may, there is absence of an orderly audit of this extensive number of concentrates that is basic for the future undertaking. The most recent decades have seen fast developing number of concentrates on green building. Could 'green' structures decidedly add to business execution and hierarchical viability? Will 'green' structures influence abnormal state hierarchical results, for example, productivity, consumer loyalty and advancement? How do the physical characteristics of green structures influence the physiological, mental, subjective and social working of building inhabitants at the individual dimension? It is discovered that the current examinations played predominately centre around the ecological part of green building. Different elements of maintainability of green building, particularly the social supportability is to a great extent disregarded. KEYWORDS: Green Structures, Sustainability, Environment, Development. INTRODUCTION: Twenty-first century has been showing heightened interest in the environmental concerns all around the globe irrespective of related fields be it politics, public, or business. The recent interest in environ- mentalism globally has arisen from specific treaties to combat climate change, e.g. Kyoto 1997, Bali 2007 and Copenhagen 2009 (Victor, 2001). Owing to the harmful consequences of industrial pollution and waste materials, including toxic chemicals, governments and NGOs round the globe pro- moted regulations and policies with effect of slowing down and to some extent even reverse the destruction of natural resources and its negative effect on the mankind and the society as a whole (Christmann & Taylor, 2002; Shrivastava & Berger, 2010). Given the present situation the organizations have also to find out ways and techniques to deal with reduction in ecological footprints besides dealing with the economic issues. In order to attain success within the corporate community and to facilitate attainment of profit by the shareholders, organizations nowadays have to concentrate on social and environmental factors along with eco- nomical and financial factors (Daily, Bishop, & Steiner, 2007; Govindarajulu & Daily, 2004). Being the largest contributor to pollution and greenhouse gas emissions, the construction sector has gained momentum in sustainable development and plays a significant role in sustainability achievement. The Construction sector occupies the first as the largest contributor to pollution and greenhouse gas emissions. According to the United Nations Environmental Program, one third of the total energy end use is consumed in buildings, it is also responsible for one third of the global resources consumption including 12 % of all fresh water usage, as well as it produces around 40% of the total solid waste consume. Based on these estimates, in response to the concept of sustainable development triggered in the United Nations Global Assembly on March 20, 1987 through the report of Brundtland Commission, known as Our Common Future, in the early nineties, green buildings were introduced as a high potential solution to reduce gas emissions and to improve the economic health, and environmental performance of the built environment. ( Luay N. Dwaikata, Kherun N.Alib,2016) Construction industry has significant environmental, social and economic impacts on the society. As one of key outputs of the construction industry, buildings largely reflect these impacts during its life cycle. The positive impacts of construction activities include: providing buildings and facilities to satisfying human being's requirements, providing employment opportunities directly or indirectly (through other industries related to the construction industry) and contributing toward the national economy. For instance, the construction industry in Australia contributes 7.5% to the Gross domestic product (GDP) and provides more than 1 million jobs. Similarly, buildings and construction activities play a crucial role in urbanization. The negative impacts of buildings and construction activities are also well recognized. These include the noise, dust, traffic conges-
tion, water pollution and waste disposal during the construction stage. A large quantity of natural and human resources will be consumed. Once completed, buildings continue their impacts on the environment. According to the World Business Council for Sustainable Development, building block accounts for 40% of total energy consumption. ((Jian Zuoa, Zhen-Yu Zhaob,n 2014). What is green building? There is a developing dimension of open familiarity with green building. Be that as it may, there have been broad discussions on what a green building is or what the green building should cover. Without a doubt, the absence of clear definition of green building makes further difficulties for advancing and actualizing green structures. Why opt for green buildings and how economic it is? There is no absence of studies inspecting the expenses and benefits related with green building improvements. The principle motivation behind these inspections is to legitimize the benefit of making strides toward environmental friendliness which will help basic leadership process. It is considerably progressively important under the setting of Global Financial Crisis where customers have similarly littler finance limit and financial establishments are increasingly traditionalist as far as loaning choice. Generally, these investigations centre around advantages and disadvantages of green building advancements contrasted with ordinary structures. A typical methodology embraced in existing inspections is to contrast the attributes of green structures with those of customary structures, for example, vitality efficiency, water efficiency, indoor ecological quality, warm solace, wellbeing and profitability. Ecological: It is very much perceived that there are various benefits related with green structures. From ecological point of view, green structures help to improve the urban biodiversity and ensure the eco-framework by methods for maintainable land use [39,40]. Decrease of development and annihilation squander is a basic part of economical structure plan [41,42]. In reality, the reusing rate must be above 90% so as to moderate the undeniable natural effects of development and pulverization squander which implies reused and reused materials in new structures [43]. Contrasted and ordinary structures, green structures for the most part give higher execution reflected from vitality efficiency, water efficiency and carbon discharge decrease. Jo et al. expressed that a lot of CO2 discharge could be diminished (gotten from vitality efficiency) if LEED rating apparatuses were embraced in all new development works in Seoul [44]. Their examination demonstrated that business structures will benefit most from LEED certification as far as CO2 decrease, trailed by private structures and open structures. Turner and Frankel found that the LEED certified building can accomplish over 28% of vitality investment funds contrasted with the national normal dimension (see Fig. 2) [45]. Among
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