Green Standards Gives a Second Life to Office Furnishings
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,813,014 (-1.85%)       Melbourne $1,100,752 (-0.93%)       Brisbane $1,264,655 (+1.39%)       Adelaide $1,094,270 (-1.82%)       Perth $1,084,384 (+1.01%)       Hobart $845,514 (+1.05%)       Darwin $902,747 (+2.14%)       Canberra $1,099,282 (-0.85%)       National Capitals $1,217,824 (-0.67%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $816,726 (+1.39%)       Melbourne $530,993 (+0.46%)       Brisbane $825,274 (+0.01%)       Adelaide $610,153 (-1.66%)       Perth $621,677 (+1.72%)       Hobart $559,050 (+3.05%)       Darwin $490,665 (+1.73%)       Canberra $493,206 (+1.99%)       National Capitals $643,805 (+0.82%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 9,649 (+796)       Melbourne 11,142 (+562)       Brisbane 5,558 (+236)       Adelaide 1,951 (+157)       Perth 4,245 (-75)       Hobart 798 (+12)       Darwin 92 (+2)       Canberra 947 (+71)       National Capitals $34,382 (+1,761)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 7,618 (+503)       Melbourne 5,895 (+185)       Brisbane 1,030 (+46)       Adelaide 298 (+27)       Perth 866 (+12)       Hobart 144 (+1)       Darwin 162 (-6)       Canberra 1,136 (+43)       National Capitals $17,149 (+811)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $580 ($0)       Brisbane $700 ($0)       Adelaide $640 (-$10)       Perth $730 ($0)       Hobart $600 (+$5)       Darwin $750 (+$5)       Canberra $730 (+$10)       National Capitals $702 (+$5)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $590 ($0)       Brisbane $680 ($0)       Adelaide $550 ($0)       Perth $680 ($0)       Hobart $508 (+$8)       Darwin $650 (+$10)       Canberra $600 ($0)       National Capitals $644 (+$2)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,070 (+103)       Melbourne 7,734 (+35)       Brisbane 4,438 (-34)       Adelaide 1,601 (+13)       Perth 2,370 (-7)       Hobart 239 (+13)       Darwin 104 (+2)       Canberra 515 (+9)       National Capitals $23,071 (+134)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 9,387 (+11)       Melbourne 6,691 (-73)       Brisbane 2,287 (-93)       Adelaide 492 (+20)       Perth 651 (-2)       Hobart 90 (-7)       Darwin 159 (-22)       Canberra 702 (-18)       National Capitals $20,459 (-184)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.35% (↑)      Melbourne 2.74% (↑)        Brisbane 2.88% (↓)     Adelaide 3.04% (↑)        Perth 3.50% (↓)       Hobart 3.69% (↓)       Darwin 4.32% (↓)     Canberra 3.45% (↑)      National Capitals $3.00% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.09% (↓)       Melbourne 5.78% (↓)       Brisbane 4.28% (↓)     Adelaide 4.69% (↑)        Perth 5.69% (↓)       Hobart 4.72% (↓)       Darwin 6.89% (↓)       Canberra 6.33% (↓)       National Capitals $5.20% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 38.1 (↑)      Melbourne 35.6 (↑)      Brisbane 35.0 (↑)      Adelaide 33.5 (↑)      Perth 40.0 (↑)      Hobart 37.0 (↑)      Darwin 38.5 (↑)      Canberra 37.5 (↑)      National Capitals $36.9 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 38.1 (↑)      Melbourne 37.0 (↑)      Brisbane 34.3 (↑)      Adelaide 31.5 (↑)      Perth 40.5 (↑)      Hobart 34.2 (↑)      Darwin 31.2 (↑)      Canberra 46.0 (↑)      National Capitals $36.6 (↑)            
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Green Standards Gives a Second Life to Office Furnishings

By Rob Csernyik
Fri, Jul 28, 2023 8:48amGrey Clock 4 min

When a company office needs a refresh, surplus items typically follow a straight line journey: out the door toward the landfill. Yet, much of this furniture and equipment could have a second life instead of being junked.

“It’s so critical with all the churn that’s happening at this moment in workplaces that we are thinking in a circular way about that journey,” says Green Standards CEO Trevor Langdon.

That’s where the Toronto-based global workplace decommissioning firm comes in. Green Standards acts as a project manager when companies upgrade or downsize, helping firms coordinate the process and the donation, sale, and disposal of items they no longer need.

The U.S. Environmental Protection Agency reports about 80% of furnishings end up in landfills, but Green Standards has diverted 98.6% of workplace goods away from landfills for its projects.

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Green Standards has always had a limited audience of early adopters, but Langdon, 37, says its approach is now considered the minimum standard.

“Tastes and attitudes have changed,” he says. Employees expect companies to follow through on their promises to be good corporate citizens, and not to abandon those standards on moving day.

Langdon witnessed these shifts firsthand during the past 11 years as he rose from a project coordinator position seeking charity partners for Green Standards to the CEO office. There’s been an acceleration in business since the start of the Covid-19 pandemic, not only because of its massive impact on corporate real estate portfolios but because it sped up discussions of the impact of climate change, he says. Now more companies than ever before, including more than 25% of Fortune 100 firms, are seeking his company’s services.

THE SERVICE

“We take on the scoping of the project,” Langdon says, which includes bidding for and managing the logistics companies that take everything down and vacate the spaces.

Green Standards also manages the disposition strategy and tracks the outcome for each item. “We take an inventory and then figure out what’s going to go where,” Langdon says. The value of each item is determined by considering its age, quality, and reuse potential.

The firm uses a process it calls “sustainable decommissioning” to determine the best solution for items. This includes recycling (with specialized recyclers offering preferred rates), selling (through a network of furniture brokers and buyers), or donating items. One of several proprietary elements of the process is the network of over 20,000 nonprofits that have opted in to receive furniture donations from Green Standards clients.

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Though Green Standards does 95% of its business in North America, it’s recently started taking on international projects and is now active in 35 countries.

THE PRICE

“On the whole, we’re pretty cost-competitive with the conventional approach of sending everything to the dump,” Langdon says. Regardless of how companies dispose of items when they downsize or move offices, removing thousands of pieces of furniture from buildings comes with costs.

“Nobody volunteers their time to come do that,” says Langdon. “Often in a typical project, US$1 to US$2 a square foot is pretty standard.”

The type of office building and its geographical location often dictates hard costs like labor. He notes that higher-than-average local labor costs or elements that complicate removing goods like minimal freight elevators or the need to work after hours so as not to disturb neighbouring companies can increase costs to US$3-US$4 per square foot.

The residual value of office items dictates the offsets. Though some projects are cost neutral for clients, others with newer, high-quality furniture can be profitable. Because companies update their offices more frequently today than in the past, furnishings can often be less than 10 years old, Langdon says.

WHAT’S THE GOOD

Besides diverting goods from landfill, Green Standards has helped corporations make nearly US$40 million worth of in-kind donations to nonprofits. “It’s not a little bit here or there,” Langdon says. The donations enable these organisations to put money toward their missions and programming, rather than using it to purchase furniture and other items.

Green Standards prepares a report for each company at the end of the process detailing the disposition strategies and impact created. Some clients integrate this information into their annual sustainability reports, he says. These figures help show the ripple effect of Green Standards’ approach.

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When decommissioning multiple corporate campuses across Michigan for automotive giant General Motors, Green Standards kept “7,000-plus tons of surplus furniture from landfill while making in-kind donations of more than US$1,000,000 to 102 non-profits,” according to a Green Standards case study. By recycling items instead of taking them to landfill, the company estimates General Motors avoided creating more than 30,000 metric tons of carbon dioxide emissions.

Meanwhile, in projects completed for Menlo Park, Calif.-headquartered software company Genesys, nearly 40% of items were donated to 25 nonprofits. In Genesys projects Green Standards oversaw in the Netherlands, Poland, and the U.K., the firm reached 100% landfill diversion rates.

WHAT’S NEXT

Aside from increasing its global presence, Langdon is looking at other areas of expansion. These include working with other types of companies, such as bank branches or clinical health offices. There are even possibilities, he says, to leverage the company’s technology to help clients track internal reuse of resources like furniture to re-deploy and extend lifecycles. Clients are “looking to us to help with that, which is really exciting,” he says.

The company is also having conversations with original equipment manufacturers who want to rethink how to improve product designs to account for their end-of-life reuse. Some products Green Standards encounters are made with multiple types of plastic, glass, metal, and other materials that make recycling challenging.

“Ten years down the road, we might see product that’s coming out of buildings that we had a bit of input into how to design for getting that out of the building effectively,” Langdon says.



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The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.

By Dominic Chopping
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Porsche car deliveries fell 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models through the year.

The German luxury sports-car maker said Friday that it delivered 279,449 cars in the year, down from 310,718 in 2024.

The company had a tumultuous year as it contended with a stuttering transition to electric vehicles and a tough Chinese market, while the Trump administration’s automotive tariffs presented a further headwind.

Deliveries in its largest sales region of North America were virtually flat at 86,229, but continued challenges in China meant deliveries in the country dropped 26% to 41,938 vehicles.

Automakers have faced intense competition in China, sparking a prolonged price war as rivals cut prices to win customers, while a lengthy property market slump and economic-growth concerns in the country has also led to buyers pulling back on luxury spending.

“Key reasons for the decline remain the challenging market conditions, particularly in the luxury segment, and the very intense competition in the Chinese market, especially for all-electric models,” the company said.

Other German brands including Audi, BMW and Mercedes-Benz have all recently reported that the challenging Chinese market hit demand last year.

In Europe, Porsche deliveries fell 13% to 66,340 cars excluding its home market of Germany, while German deliveries dropped 16%.

The company cut guidance several times last year as it warned of hits from U.S. import tariffs, investments in new combustion engines and hybrid models amid the slow uptake of EVs, and the competitive situation in China.

Porsche also last year announced plans to scale back its EV ambitions and instead expand its lineup with more gas-powered and plug-in hybrid models than it had originally planned.

However, in its statement Friday, the company said it increased its share of electrified-vehicle deliveries in the year. Around 34% of vehicles delivered worldwide were electrified, an increase of 7.4 percentage points on year, with about 22% all-electric vehicles and 12% plug-in hybrids.

That leaves its global share of fully-electric vehicles at the upper end of its target range of 20% to 22% for 2025.

In Europe, for the first time in 2025, more electrified vehicles than purely combustion engine vehicles were delivered.

The Macan topped the delivery charts in the year, while the 911 reached a record high with 51,583 deliveries worldwide, it said.

Porsche said it is investing in its three-pronged powertrain strategy and will continue to respond to increasing demand for personalization requests from customers.

“We have a clear focus for 2026,” Sales and Marketing Chief Matthias Becker said. “We want to manage supply and demand in accordance with our ‘value over volume’ strategy.

“At the same time, we are realistically planning our volume for 2026 following the end of production of the 718 and Macan with combustion engines.”

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