Good things about BREEAM: it allows comparisons of different buildings and is independently audited. However, it has very exact requirements and is quite expensive to comply with.
LEED’s strengths are that it has a strong marketing program with lots of information available, and there’s no need for an assessor or training. However, it is only based on U.S. systems, requires a lot of documentation, and there is no independent audit of the assessment.
So, both systems have their strengths and weaknesses. The BREEAM system is heavily embedded in the way the U.K. does things, so it will probably be favored there and in other parts of Europe. The LEED system will come out ahead in the U.S. However, the fact that LEED does not require an independent audit of a building’s LEED assessment is a little disconcerting.
This article discusses the matter in more depth.
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