Farnek’s Mall Benchmarking study earns Sustainability Initiative award
Cofely besix’s ISO-certified energy management system at Masdar City recognised as highly commended by judges
Farnek’s efforts to draw up a Mall Benchmarking Study won it the Sustainability Initiative of Year award at the 11thfmME Awards in Dubai.
Sandrine Le Biavant, director consultancy, Farnek Service said: “The mall benchmarking is a study which we have done over a period of one year, where we have looked at the data of energy, water and waste for major malls in Dubai and the outcome has been to bring to the market a new reading. That is, providing an understanding of what are the efforts to be made by those developers and operators to bring to the best levels and to learn from the industry.”
The study was conducted at no cost to the participating malls, which was carried out to support the improvement of environmental performance within the region’s retail sector.
To help drive the initiative, Farnek formed a working group with mall developer’s facility managers to get buy-in on the methodology and ensure the survey is beneficial.
Farnek’s study enables malls to evaluate and benchmark their energy, waste and water performance against similar properties, with the aim to also increase a mall’s bottom line through cost savings.
Le Biavant added: “The future for Farnek is looking very good. We are having more and more square meters of areas to manage covering all of Dubai. We have many iconic buildings that we are working with, and large facilities with large footfalls. So it is looking really good.”
The findings were received and considered as eye-opening for developers to push for green buildings and highlighted the need for structured data collection systems and methodology together with more industry engagement share best practices.
Farnek is also working with government entities to generate awareness, help drive strategic policy development and initiatives, and support in their efforts to become a more sustainable community.