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International WELL Building Institute founder Paul Scialla discusses the benefit of investing in healthier buildings.

International WELL Building Institute founder Paul Scialla discusses the importance of investing in healthier buildings, including the economic and societal benefits.

Video Transcript

PAUL SCIALLA: Over 90% of the ongoing cost of any building are the people inside of it-- salaries, wages, benefits, health care costs, productivity and output, attraction, retention. The WELL Building movement promotes better outcomes for the 90% input of any building. And you consider the cost to achieve this-- fractions in fractions of 1% premium to normal construction or renovation, or in some cases even smaller than that, versus the gains in, again, attraction, retention, productivity, reducing health care costs.

All of these are very big quantifiable indicators that show that the WELL Building movement is an economic movement first that happens to have tremendous societal benefit, using our real estate as a health care intervention tool to deliver preventative medical intentions to enhance all these outcomes. Again, it's a good blend of both the societal and an economic win.