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UTC Building & Industrial Systems Advocates the Value of Sustainable Urbanization

March 25, 2015

SHANGHAI

UTC Building & Industrial Systems, alongside the Chinese Society for Urban Studies, China Green Building Council and Eco-City Research Committee of China, participated in a dialogue about the environmental and economic value of green building at this year’s International Conference on Green and Energy-Efficient Building & New Technologies and Products Expo (IGEBC).

John Mandyck at Green Build 2015
John Mandyck, chief sustainability officer of UTC Building & Industrial Systems, pointed out that green buildings are a critical component of sustainable urbanization that offer both environmental and economic benefits.

United Technologies has been a top sponsor of IGEBC for 11 years, supporting China’s green building and sustainable development initiatives. The country’s rapid urbanization rate is a focus of China’s landmark National New-type Urbanization Plan (2014-2020), which supports the need for sustainable urban development as more people move into cities. By 2020, China plans to make 30 percent of all new construction green construction.

John Mandyck, chief sustainability officer of UTC Building & Industrial Systems, highlighted the value of green buildings as excellent environmental and business decisions during opening-day remarks.

“Green buildings are a critical component of sustainable urbanization that offer both environmental and economic benefits.” said Mandyck. “Green buildings are where people want to work and live, and as such, these buildings generate a higher cash flow thanks to higher rent and occupancy rates. Going forward, the health and productivity of people will provide a new context on value for green buildings that will accelerate the movement in China and around the world. ”

"We are very pleased to see China’s leadership emphasizing the importance of environmental sustainability to achieving economic growth and improving people's lives,” said Perry Zheng, president, UTC Building & Industrial Systems, China.

With a strong history of innovation, UTC Building & Industrial Systems and its industry-leading brands Carrier, Otis, GST and Chubb offer sustainable and energy-efficient solutions that improve people’s lives and generate profitable returns for building owners and managers. The Otis Gen2® elevator uses the Otis ReGen™ drive to capture excess energy and achieve energy savings of up to 75 percent compared with traditional elevators. The Carrier AquaEdge® 23XRV chiller recovers waste heat to reduce hot water heating costs and achieve energy savings of up to 44 percent compared to conventional HVAC systems.

“With leading technologies and solutions in elevators, air-conditioning and fire and security systems, UTC Building & Industrial Systems will continue to work with China’s construction and building industries to promote green building and make China’s cities safer, more productive and environmentally sustainable,” said Zheng.

Shanghai IFC
Through Carrier’s energy optimization solution, the landmark Shanghai International Finance Center has generated significant energy savings and thereby cost reduction.

About UTC Building & Industrial Systems
UTC Building & Industrial Systems is the world’s largest provider of building technologies. Its elevator, escalator, fire-safety, security, building automation, heating, ventilating, air-conditioning and refrigeration systems and services promote integrated, high-performance buildings that are safer, smarter and sustainable. UTC Building & Industrial Systems is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.BIS.UTC.com.

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