EDGE certification expanded to Existing Buildings and Retrofits

 

Edge Building Certification

The EDGE certification system has broadened its scope to include existing buildings and retrofits.  See the news release below for more details. DMG offers its services both as EDGE Auditors and EDGE Experts to help get your project certified. We look forward to seeing you there.

EDGE has been expanded to include the full stage of a building’s life cycle. Now it’s possible to certify existing buildings and major renovations in addition to new construction.

The assessment of existing buildings and major renovations within the EDGE App attests to the building’s features, not its performance. In this way, EDGE serves as an asset rating instrument that defines whether a building has met the minimum standard of 20 percent less energy, 20 percent less water and 20 percent less embodied energy in materials compared to a base case building.

Broadening the scope of EDGE to include buildings of all vintages is beneficial to many different market players, including managers, banks and buyers:

  • Portfolio owners and real estate investment management companiescan certify their stock to prove the resource efficiency of their assets.
  • Banks offering mortgages and financing energy retrofit projects can take a measurable approach to reducing the risk associated with property investments.
  • Homebuyers purchasing a pre-existing home are assured of the quality of their investment and know that they are doing the right thing for the environment.

For those who are interested in certifying an existing building, the first step is to create your project within the EDGE App. For pricing and to request a quote, choose your country in the Certify section.

EDGE Experts can provide technical assistance to clients in the certification of existing buildings. While this is not required, project owners may be interested in choosing one of the EDGE Experts Around the World to help expedite a project.

For FAQs, refer to EDGE Has Broadened its Scope Beyond New Buildings. For additional inquiries, email edge@ifc.org.

We hope you are excited about this news, and thank you for your ongoing interest in EDGE.

The EDGE Team