Property Flash

GET PROPERTY FLASH HEADLINES IN YOUR INBOX

August 23 2024 17:00

SOUTH AFRICA

Canal Walk earns top honours with a 5-Star Green Star rating for its outstanding environmental performance. Canal Walk Shopping Centre has again been awarded the 5-Star Green Star Existing Building Performance Award by the Green Building Council of South Africa. This accolade affirms Canal Walk’s unwavering commitment to environmental sustainability and positions it as a leader in the property industry for sustainable practices, owner Hyprop Investments said.

Hyprop said that Canal Walk’s commitment to sustainability was demonstrated through a variety of initiatives that contribute to its high environmental performance. Key achievements include:

  • Energy Efficiency: Canal Walk has reduced its energy consumption by 34% compared to a 2009 baseline, setting a benchmark for energy efficiency in the industry.
  • Water Conservation: The shopping centre’s water usage is 44% more efficient than the industry average, thanks to a series of innovative water-saving measures.
  • Waste Management: Canal Walk has significantly reduced its waste sent to landfill by implementing sustainable waste management practices, including the installation of a 40-ton In-Vessel Composter to handle food waste.
  • Sustainable Operations: The replacement of hazardous cleaning chemicals with environmentally friendly products ensures that the shopping centre not only protects the environment but also enhances the health and well-being of its visitors and staff.

The Green Star SA rating system is a comprehensive evaluation that assesses the environmental performance of buildings across several criteria, including energy efficiency, water conservation, indoor environment quality, and resource management. Achieving a 5-Star rating is a testament to the exceptional standards upheld by Canal Walk in its ongoing efforts to minimise its environmental impact, Hyprop said.

Gavin Wood, General Manager of Canal Walk Shopping Centre, said: “This 5-Star Green Star rating is a significant milestone for Canal Walk and a reflection of the dedication and hard work of our entire team. We are extremely proud to be recognised for our on-going efforts in creating a safe, green space where people can connect and be part of a community.”

The Green Star SA rating system, established by the Green Building Council of South Africa, aims to set a standard of measurement for green buildings, promote integrated whole-building design and operation, and raise awareness of the benefits of sustainable practices. By achieving a 5-Star rating, Canal Walk has not only met but exceeded these standards, demonstrating environmental leadership in the retail sector.

Canal Walk is co-owned by Hyprop Investments and Ellerine Bros.

247@propertyflash.co.za

Leave a Reply

Your email address will not be published. Required fields are marked *