Blog

2024: A Pivotal Year for Sustainable Building in Canada

The year 2024 marks a critical shift in the field of sustainable building in Canada with the introduction of new versions of the most popular certifications: LEED V5, BOMA BEST V4, and Zero Carbon Building (ZCB). These updates reflect the industry’s growing ambition to reduce its environmental footprint while addressing social and climate-related challenges.

Three New Certifications Meeting Modern Challenges

BOMA BEST V4: Simplification and Accessibility

Since October 1, 2023, all projects seeking BOMA BEST certification must comply with version 4. This update strengthens criteria related to decarbonization and climate resilience while making the certification process simpler to implement. Key updates include:

• Healthy Building Criteria: Increased focus on occupant health.
• Improved Accessibility: Spaces designed to be inclusive and accessible.

LEED V5: A Holistic Approach

The LEED certification has evolved with its fifth version, available in beta since 2023. The guide for existing buildings is already published, and pilot projects, such as the one led by TST, are beginning to test this version. The guides for new construction and commercial interiors have been available since Q2 2024.

LEED V5 is structured around three main pillars:

• Climate Action: Mandatory decarbonization plans.
• Quality of Life: Greater consideration of social equity and accessibility.
• Ecological Conservation: Emphasis on biodiversity and resource-efficient practices.

These new requirements make LEED V5 more comprehensive and forward-thinking, with a clear goal: buildings that are not only sustainable but also adapted to the current and future impacts of climate change.

Zero Carbon Building (ZCB): Toward Greater Decarbonization

As of September 2024, version 4 of the ZCB certification has become mandatory. This update tightens requirements for both embodied carbon (from materials) and operational carbon (from energy systems). The result is projects that adopt more efficient solutions with reduced reliance on fossil fuels.

What Are the Impacts on the Industry?

Environmental and Social Benefits

• Reduced Carbon Footprint: Thanks to concrete plans and eco-friendly materials.
• Inclusive and Resilient Buildings: Adapted to the diverse needs of occupants and climatic challenges.
• Biodiversity Preservation: Through construction and development practices that respect natural ecosystems.

Financial Benefits

While the new certifications come with slightly higher initial costs, they offer significant economic advantages:

• Asset Value Increase: Greater attractiveness to tenants and investors.
• Easier Access to Green Loans: Offered by financial institutions.
• Lower Insurance Costs: For buildings better prepared to face climate risks.

An Opportunity for Committed Organizations

These certifications align perfectly with Environmental, Social, and Governance (ESG) criteria, now essential for companies aiming to demonstrate their commitment to sustainable development. By investing in these new versions, organizations adopt a proactive approach that benefits both the environment and their stakeholders.

With the arrival of LEED V5, BOMA BEST V4, and ZCB V4, the sustainable building industry in Canada is taking a decisive step forward. These certifications are not just labels but strategic tools for transforming practices and creating spaces that are environmentally friendly, inclusive, and resilient. In the short term, they may require additional effort, but the environmental, social, and financial benefits make them an indispensable investment for the future.