(PRESS RELEASE) FONTAINEBLEAU, France, 23-Feb-2022 — /EuropaWire/ — INSEAD, one of the world’s leading and largest graduate business schools with presence in Europe, Asia, the Middle East, and North America, has announced that its Asia Campus in Singapore has received the Green Mark Platinum award from the Building and Construction Authority (BCA), the top award for green buildings given out by the industry regulator.
In 2015, the school has received the same award for its Leadership Development Centre that integrates green features such as naturally ventilated lift lobbies, solar panels, energy efficient lighting and building management systems, use of sustainable materials and rainwater harvesting for landscape maintenance.
This year, the award has been conferred for the entire INSEAD Asia Campus (gross floor area of approximately 29,917 m2) for outstanding efforts and sustainable approaches towards energy efficiency, water efficiency, waste management, indoor comfort and many other environmental benefits.
The school’s latest achievements are highlighted in these categories:
- Building Energy Performance
INSEAD Asia campus is served by a centralised water-cooled chiller plant system that is consistently performing at an optimal level, 25% better than the minimum standard of the BCA Green Mark criteria. This translates to a 4.8% savings in total building energy consumption.
The campus is undergoing lighting upgrading work to install energy efficient LEDs in replacement of the existing fluorescent lightings that are more energy intensive. With this retrofit work, the lighting system will be 53% more energy efficient than the minimum standard and is estimated to contribute 9.7% savings in the total building energy consumption.
- Sustainable Management
The campus has installed more than 350 solar photovoltaic (PV) panels that provide DC capacity of 93kWp. and provides 2.76% of the total building energy consumption.
Plans are in place to retrofit the current PV system and increase the solar energy generation capacity to 488 kWp by December 2022, which will allow the school to generate five times more solar energy annually.
INSEAD has also entered into an agreement to purchase Renewable Energy Certificates (REC). Through these efforts and initiatives, its Asia Campus operations will be 100% supported by renewable energy.
- Resource Stewardship
INSEAD Asia Campus is also using Green Product & Materials to protect the environment. These includes the cooling system equipment, ceiling fibreboard, carpet tile, printing paper, hand paper towels, hand sanitiser and surface cleaners; certified by Singapore Green Labelling Scheme (SGLS), Singapore Green Building Council (SGBC), and other international accreditation bodies.
- Smart and Healthy Buildings
The campus features extensive landscaping including gardens and rooftop greenery within the campus to reduce the Urban Heat Island Effect – by removing heat from the air and reduce temperatures of the roof surface and surrounding air.
The vertical greenery incorporate with the building facade and acts as an effective solar radiation barrier to insulate the building from internal heat, reducing air pollution within campus, while providing shade, reduce solar load and energy consumption.
The gardens and greenery allow access to natural biophilic features, such as daylighting, plants, wind and water, creating a natural atmosphere for the health and well-being of students and staff.
- Advanced Green Effort
Another unique initiative championed by the school is to use compostable foodware in all its food and beverage services on campus. INSEAD aims to reduce its carbon footprint by offering biodegradable food packaging and disposable ware. Wood and paper products are FSC/PEFC certified, ensuring that they are naturally compostable.
According to James Middleditch, Director of INSEAD Operations & Campus Services, International, “True to the INSEAD vision of ‘business as a force for good’, we aim to operate sustainably while driving positive impact to business and the environment.” He added, “This achievement is in line with the Singapore government’s Green Plan 2030. Looking forward, our team will continue to advance the agenda on sustainable development through design and investment in innovative green technologies.”
This achievement and milestone also contributes towards the school’s commitment to a 67% reduction of its Scope 1 and Scope 2 greenhouse gas emissions by 2035, from 2019 levels, with the goal of reaching net-zero emissions by 2050.
About INSEAD, The Business School for the World
As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. Our research, teaching and partnerships reflect this global perspective and cultural diversity.
With locations in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), and now North America (San Francisco), INSEAD’s business education and research spans four regions. Our 166 renowned Faculty members from 41 countries inspire more than 1,500 degree participants annually in our Master in Management, MBA, Global Executive MBA, Specialised Master’s degrees (Executive Master in Finance and Executive Master in Change) and PhD programmes. In addition, more than 11,000 executives participate in INSEAD Executive Education programmes each year.
INSEAD continues to conduct cutting-edge research and innovate across all our programmes. We provide business leaders with the knowledge and awareness to operate anywhere. Our core values drive academic excellence and serve the global community as The Business School for the World.
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