This study presents a comprehensive review of strategies to optimize HVAC systems in commercial and industrial buildings, focusing on enhancing energy efficiency, system reliability, and environmental sustainability. HVAC systems are major energy consumers, contributing significantly to operational costs in large buildings. With increasing energy costs, regulatory pressures, and the push for sustainability, technological advancements and management strategies have emerged to improve HVAC performance. Following PRISMA guidelines, this review analyzed 58 high-quality peer-reviewed studies published between 2010 and 2023. Key findings show that energy management systems (EMS) can reduce energy consumption by up to 30%, while Building Management Systems (BMS) enhance system reliability through centralized control and predictive maintenance. The adoption of eco-friendly refrigerants and energy-efficient designs, such as heat recovery and variable refrigerant flow (VRF) technologies, further lowers energy usage and environmental impact. Additionally, integrating renewable energy sources like solar and geothermal into HVAC systems can reduce energy consumption by as much as 40%. Green building certifications, such as LEED and BREEAM, drive the adoption of optimized HVAC technologies, delivering both environmental and financial benefits. This review underscores the crucial role of HVAC optimization in reducing energy consumption, lowering carbon footprints, and improving the operational performance of buildings, offering valuable insights for building managers, engineers, and policymakers.