The Green Building Initiative (GBI) recently completed acquisition of the global rights to Green Globes.
The acquisition, from JLL, allows GBI to expand operations to Canada and elsewhere. GBI has established a Canadian non-profit subsidiary—GB Initiative Canada—to support its growth in the Canadian marketplace.
“As a nonprofit, GBI is in a better position to grow the sustainability movement as the sole owner and promoter of Green Globes, and we have every confidence in GBI’s ability to do so,” stated Bob Best, Executive Vice President of JLL. “We value Green Globes as a tool we use with our clients and property managers, and because of this acquisition, GBI can continue to grow Green Globes as a global assessment program.”
GBI has grown significantly over the last two years and has certified 1,594 buildings or almost 300 million sf of real estate since its founding in 2004.
Related Stories
Codes and Standards | Jan 11, 2021
Zero Energy Buildings growth driven by government policy, stringent codes, technologies
Restraints include high upfront cost, and lack of universal definition and approaches.
Codes and Standards | Jan 11, 2021
HUD releases new Fair Housing Act design and construction requirements
First update of ‘safe harbors’ in 15 years provides better clarity for design and construction firms.
Codes and Standards | Jan 8, 2021
Court ruling gives UpCodes upper hand in fight over building codes database
Battle over IP property claims by ICC and other codes bodies continues.
Codes and Standards | Jan 8, 2021
Houston creates tax incentives for green stormwater elements
Businesses that install green roofs, rain gardens, permeable pavement, and rainwater harvesting are eligible.
Codes and Standards | Jan 7, 2021
Trump’s classical design aesthetic mandate for federal buildings likely to be felt for years
May limit the number of firms that could compete for contracts.
Codes and Standards | Jan 7, 2021
Workers on some of Virginia’s major construction projects sue subcontractors for wage theft
Projects include new General Assembly Building, outpatient facility at Virginia Commonwealth University.
Codes and Standards | Jan 5, 2021
EPA finalizes first major update to Lead and Copper rule
Will accelerate pace of lead service line replacement.
Codes and Standards | Jan 5, 2021
Flood risk for affordable housing expected to triple by 2050
Some communities will have 90% of their affordable housing at risk.
Codes and Standards | Jan 4, 2021
Ranks of remote workers expected to double in five years
Nearly 23% of employees will work from outside of offices.
Codes and Standards | Dec 28, 2020
CSI and ASTM standards can now be connected through a central location
CROSSWALK web service accesses standards specific to projects from feasibility to turnover.
