Sustainability is an important issue for all of us, regardless of whether we live in a strata property or not. But due to the size of a strata property, the opportunities to make a significant impact on sustainability and environmental impact are greater, which is why we are so passionate about supporting our clients to make changes.
Strata buildings can have a significant impact on the environment due to their large size and the fact that they are often located in urban areas. For example, they can consume large amounts of energy for heating, cooling, and lighting, and they can also generate significant amounts of waste. Because of their size, the impact that strata properties can have on the environment is much greater than that of a single-family residence. By taking steps to make these buildings more sustainable, we can make a significant impact in reducing our environmental footprint.
So why should you care?
Firstly, sustainability is crucial for the health of our planet. Climate change, pollution, and the depletion of natural resources are all major problems that threaten the well-being of current and future generations. By taking steps to make strata properties more sustainable, we can help to mitigate these issues and ensure that our planet is able to support life for many years to come.
Secondly, sustainability can also have a direct impact on our own health and well-being. For example, energy-efficient buildings can reduce exposure to pollutants and improve indoor air quality, which can help to reduce the incidence of respiratory problems and other health issues. Additionally, sustainable building practices can also help to reduce the amount of waste that ends up in landfills, which can help to reduce the risk of pollution and other environmental health hazards.
Lastly, sustainability can also have a positive impact on our finances. Investing in energy-efficient upgrades and other sustainable building practices can help to lower energy bills and reduce maintenance costs in the long run. Additionally, many sustainable building practices can also increase property values and make strata properties more attractive to potential buyers.
Click here to learn ways on how to lower you strata levies through sustainability.
How can we make a change?
The Strata Titles Act, which governs the management and operation of strata properties in Australia, has undergone several changes in recent years to make it easier for building owners and residents to make sustainability upgrades. For example, the Act now allows for the creation of “green funds” which can be used to finance energy-efficient upgrades and other sustainability projects.
Additionally, the Act also permits strata properties to install renewable energy systems such as solar panels, and make other changes to common property without requiring unanimous agreement of all the owners. These changes to the Strata Titles Act have made it easier for building owners and residents to invest in sustainability upgrades and reduce the environmental impact of these buildings.
Got any ideas?
There are many ways in which a Strata Company can make sustainability upgrades and changes to the benefit of all residents and the environment:
- Encourage energy conservation by providing education and incentives for residents to reduce energy usage.
- Encourage carpooling, bike-sharing and public transportation, by providing dedicated parking spots, locker rooms, and showers for bike commuters.
- Implementing recycling and composting programs, to reduce the amount of waste that ends up in landfills (take advantage of the Containers for Change program)
- Creating a “green fund” to finance energy-efficient upgrades and other sustainability projects. This can include things like upgrading heating and cooling systems, installing energy-efficient lighting and appliances, and incorporating green technologies such as solar panels and rainwater harvesting.
- Installing renewable energy systems such as solar panels, which can help to reduce the strata property’s dependence on fossil fuels and lower energy costs.
- Implement a water-saving program, by installing low-flow showerheads, faucets, and toilets, and promoting water conservation among residents.
- Encourage green roofs and green walls, that help to reduce the urban heat island effect, lower energy costs and improve air quality.
All of these ideas can help to reduce the environmental impact of the strata property and create a more sustainable living environment for residents. We will be diving into more on our website and social media over time.