Reducing Embodied Carbon & Emissions in Construction
It’s imperative to comprehensively recognize the impact humans have on climate change before we devise a roadmap towards net-zero emissions. The building and construction industry currently accounts for 39% of global carbon emissions, meaning that changes we make will have a pivotal impact across the world and could represent the tipping point between success or failure. Over the past 50 years, the U.S. has warmed about 63% faster than the rest of the world, according to the National Climate Assessment. Climate-related disasters cause infrastructure damage, disruption of critical services, and tank property values. Judging economic value under the lens of shareholder value the benefits to becoming greener are becoming clear. The rise of ESG (Environmental, Social and Governance) investing since 2005 has been significant: Total assets under management is expected to exceed $50 trillion by 2025. In addition, some studies estimate that stocks in sustainable companies significantly outperform their non-sustainable peers. This reflects a wider and growing buyer trend wherein one-third of investors find sustainability to be an important aspect of a fund.