Page 28 - GreenRE_Sustainable Real Estate Book

10 Year Journey

INSPIRING AND INNOVATING THE GREEN BUILT ENVIRONMENT IN MALAYSIA

The Beginning REHDA’s National Council then supported and sponsored staying true to our commitment to sustainability and social
GreenRE, which subscribed to a not-for-profit model responsibility, GreenRE is embracing new technology and
GreenRE grew from a dream to make green strategies
offering affordable green rating tools. GreenRE operated in exploring new markets. In 2019, we were awarded the ISO
attainable for even the smallest development.
a refreshing space where the underrepresented could thrive 9001 Quality Management System that assures the quality
Green Real Estate’s (GreenRE) journey began in 2013, even and afford to embrace green features and as well as receive a standards of our Green Building Certification and Training.
before the conceptualisation of United Nation’s Sustainable certification for their efforts. GreenRE is currently the only ISO-certified green certification
Development Goals (UNSDG), emerging in response to the body in Malaysia.
government’s realisation of the looming threat of climate Leading the charge
change. GreenRE recently embarked on a joint certification
10 years on, GreenRE has evolved to lead the charge in the arrangement with Construction Research Institute of Malaysia
Prior to the inception of GreenRE, many developers, eager mission to green Malaysia’s built environment. With rating (CREAM) under the Construction Industry Development
to subscribe to the emerging green trends in the built tools accepted and revered by the industry, GreenRE ensures Board (CIDB) to launch a joint certification framework for
environment were taken aback by the high cost of the rating building design and functionality comply with the 6 pillars their rating tools, GreenRE Rating Tools and MyCREST to
certification. For smaller developers from less advanced states of sustainability - Energy Efficiency, Water Efficiency, Carbon green the public sector buildings. GreenRE also intends to
or those pursuing affordable homes, this was particularly Emission, Environmental Protection, Indoor Environmental delve into sub-certification of chiller plants within buildings
burdensome. Quality and Other Green Features. and enhance the Indoor Environmental Quality (IEQ)
certification. GreenRE strives to reduce the operational costs
At that time, the market was served by a sole rating entity Today, GreenRE has a portfolio of more than 400 registered
and the certification process, conducted by professionals projects in Malaysia, representing over 400 million sq ft of of buildings to moderate the impact of the industry on the
with a profit-oriented goal, was expensive, stretching beyond space. On the international front, GreenRE is involved in the environment.
the means of Real Estate & Housing Developers’ Association certification of several international projects, including the
(REHDA) Malaysia members. Understanding first-hand the retail component of the Battersea Power Project in London. Keeping the environment at the centre of
key challenge that prevented the developer-members from everything we do
maximising the full financial potential of their development, Culture of Innovation GreenRE is built upon the resolve to create buildings that
REHDA decided a second rating agency was required to The built environment is evolving at a rapid pace and harmonise with nature and minimise human impact. All
serve the industry.
GreenRE’s trajectory is moving in tandem – as we continue GreenRE’s actions, activities and strategies are aligned to the
to adapt and innovate to stay ahead of the curve. While Net Zero Emission goal and driven by the objectives of the

17 SUSTAINABLE REAL ESTATE | Our 10-Year Journey