According to a report prepared by the International Finance Corporation (IFC), a member of the World Bank Group, emissions from the construction sector could increase 13% worldwide by 2035 if additional adaptation and mitigation measures are not implemented. 🏗 The document also mentions that the increase in investment and advice in sustainable construction can translate into a reduction in emissions of up to 12.8% between now and 2035, compared to the levels recorded in 2022. Over the next decade, the IFC estimates that green buildings represent a significant low-carbon investment opportunity in emerging markets, worth nearly $24.7 trillion by 2030. The tools available to offset carbon emissions in the sector are already a reality: more energy efficient designs during the construction of new structures, the use of sustainable practices and technologies such as more efficient cooling and heating systems, smart meters, and painting . reflective on external surfaces and roofs are just a few. https://lnkd.in/gSCmc-hv ✅ At De Castro Group | Regenerative hospitality we work with cutting-edge sustainable technologies that reduce the environmental footprint of your project. We believe in giving back. Our projects are designed to benefit local communities and protect the natural environment, ensuring that our projects contribute positively to the world around them. #project #sustainable #world #enviroment #technologies #natural #construction Visit our website: decastro.group
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The green building materials market is exploding. 🤯 Experts predict 8% growth this year and if you’re not ahead of the curve, you’re already behind. Here’s what this means for you: 🔹 Prices for eco-friendly materials are climbing as demand skyrockets. 🔹 Governments are cracking down with stricter ESG requirements. 🔹 Clients want sustainability baked into every project. Translation? If you’re not sourcing green, you’re losing deals. Stop waiting. Start acting. Get ahead of your competitors. Build smarter, faster, greener. We’re here to make it happen. #SustainableConstruction #ConstructionIndustry #GreenBuilding #EcoFriendlyMaterials #ConstructionLife #BuildingTheFuture #ConstructionSupplyChain #ConstructionProjects #ESGCompliance #GreenConstruction #SustainableDevelopment #ConstructionInnovation #ConstructionMaterials #NetZeroConstruction #SmartBuilding #LowCarbonMaterials #ConstructionSolutions #SustainableArchitecture #BuildBetter #ConstructionTrends
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🏢 Buildings contribute 40% of energy-related CO2 emissions, and the building and construction sector is falling behind on decarbonization. It's time for a change! Discover how sustainable building practices can reduce environmental impact and attract green investments. Scrubbed's ESG team is here to support your transition with expert impact reporting and compliance solutions. Read more.🌱 https://hubs.li/Q02ycX5G0 #SustainableBuilding #ESG #GreenInvestments #ClimateAction
🏢 Buildings contribute 40% of energy-related CO2 emissions, and the building and construction sector is falling behind on decarbonization. It's time for a change! Discover how sustainable building practices can reduce environmental impact and attract green investments. Scrubbed's ESG team is here to support your transition with expert impact reporting and compliance solutions. Read more.🌱 https://hubs.li/Q02ycX5G0 #SustainableBuilding #ESG #GreenInvestments #ClimateAction
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READ: https://ow.ly/WpGK50TuFp4 As markets shift to value building performance, JLL and LaSalle examine what’s in store for the most popular certification frameworks today. While green certifications have been important in assessing sustainability for some time, the focus is now shifting towards carbon reduction, creating a need for certifications that can effectively validate energy and emissions performance. #InvestingTodayForTomorrow #Sustainability
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CSRD and SFDR reporting requirements provide key insights into the ESG performance of one of the most resource intensive sectors, construction. 🏗️🌍 The construction sector is at a transformative crossroads, with sustainability regulations reshaping the industry landscape. From reducing carbon emissions to embracing circular economy principles, EU policies are pushing the industry towards a greener future — and finance is playing a key role. 💶🏛️ Key building blocks include: 1. EU Taxonomy & SFDR: Sustainable finance regulations are making ESG criteria a priority. Developers aligning with these frameworks can demonstrate adoption of sustainable construction investments practices e.g. low-carbon materials, energy efficiency, and climate resilience. ♻️ 2. Corporate Sustainability Reporting Directive (CSRD) provides insights to company business models. The construction sector can demonstrate activities like adoption of passive building designs, use of energy efficient equipment on-site, and ensuring circularity of waste materials through own deconstruction initiatives rather than demolition. 📊🔍 3. Circular Economy Action Plan: Construction must pivot towards refurbishment, reusability and waste reduction. With new rules on sustainable product design, demolition waste minimisation, and use of recycled materials, circularity is now central to the sector’s sustainability journey. 🔄 4. Construction Product Regulation: The CPR integrates sustainability criteria into building materials, promoting transparency around environmental performance and circularity. This will drive the adoption of eco-friendly, low-carbon products and ensure responsible sourcing across the supply chain. 5. EPBD Revisions: The revised Energy Performance of Buildings Directive (EPBD) is setting new benchmarks for energy efficiency. With stricter requirements for nearly zero-energy buildings (NZEB) and renovation targets, the focus is on transforming Europe’s building stock to be energy-smart and climate-resilient. 🔋 6. CBAM: The Carbon Border Adjustment Mechanism introduces a carbon price on imports of high-emission products, including construction materials like steel and cement. This mechanism creates a financial incentive for companies to adopt low-carbon alternatives and helps protect EU industries from unfair competition. #SustainableConstruction #GreenFinance #EURegulations #Decarbonization #ESG #Sustainability #CircularEconomy
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Our new open-access article about decarbonization in the building sector With Lisa N. Hasan and Erick Lachapelle Faculté de l'aménagement de l'Université de Montréal École d'architecture - Faculté de l'aménagement - Université de Montréal https://lnkd.in/da-Csws2 Since the Paris Agreement – where nations committed to decarbonizing their economies – private net zero standards have proliferated. Yet, their limited scope and ability to deliver tangible change threatens their legitimacy. For some scholars, this reflects societies’ limited capacity to envision pathways towards a fossil-free future. This raises questions about how private net zero standards are legitimised. Combining insights from the literature on legitimation, discourse analysis, and sociotechnical transitions, we analyse the legitimation of Net Zero Carbon Buildings by the World Green Building Council, the strongest global sustainable construction network. We find that net zero standard legitimation is a dynamic multilevel, multistakeholder process based on three strategies: vertical nesting, ambivalence, and conflict avoidance. This process perpetuates assumptions about growth, authority, and appropriate scales of action. This incremental, emission-focused approach to decarbonization is shielded from critique through claims that it contributes to broader sustainability objectives. By reproducing institutionalized narratives, global standard setters create a sense of consensus. However, this perception of consensus fails to address the complexities of implementation, contextualization, and integration of broader environmental and social concerns. These findings raise doubts in both theory and practice about the capacity of the construction sector to decarbonize through current strategies.
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We need a new micro-economic rewards-system that is rewarding individuals for their community operating within carrying-capacity. Instead of top-down concensus that makes us feel good, it pushes away responsibility to some invisible and unknown actor and is thus wishful thinking. If we are going to see results, we must build local and individual self-sufficiency.
Professeur, École d'architecture, Université de Montréal. Titulaire Chaire Fayolle-Magil Construction
Our new open-access article about decarbonization in the building sector With Lisa N. Hasan and Erick Lachapelle Faculté de l'aménagement de l'Université de Montréal École d'architecture - Faculté de l'aménagement - Université de Montréal https://lnkd.in/da-Csws2 Since the Paris Agreement – where nations committed to decarbonizing their economies – private net zero standards have proliferated. Yet, their limited scope and ability to deliver tangible change threatens their legitimacy. For some scholars, this reflects societies’ limited capacity to envision pathways towards a fossil-free future. This raises questions about how private net zero standards are legitimised. Combining insights from the literature on legitimation, discourse analysis, and sociotechnical transitions, we analyse the legitimation of Net Zero Carbon Buildings by the World Green Building Council, the strongest global sustainable construction network. We find that net zero standard legitimation is a dynamic multilevel, multistakeholder process based on three strategies: vertical nesting, ambivalence, and conflict avoidance. This process perpetuates assumptions about growth, authority, and appropriate scales of action. This incremental, emission-focused approach to decarbonization is shielded from critique through claims that it contributes to broader sustainability objectives. By reproducing institutionalized narratives, global standard setters create a sense of consensus. However, this perception of consensus fails to address the complexities of implementation, contextualization, and integration of broader environmental and social concerns. These findings raise doubts in both theory and practice about the capacity of the construction sector to decarbonize through current strategies.
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2️⃣ 0️⃣ 2️⃣ 5️⃣ brings new challenges – a 3.5% surge in electricity prices, rising living costs, and escalating environmental pressures. But with every challenge comes an opportunity 💡 Imagine a world where buildings don’t just consume energy – they produce it.🌿 This is our chance to rethink construction: to design energy-efficient, self-sustaining structures that reduce costs, create value, and align with the UN’s Sustainable Development Goals (SDGs). Let’s make 2025 the year of transformation. The year where sustainable construction leads the way to a more profitable, equitable, and sustainable tomorrow. 🌱 💪 #Sustainability #Innovation #SDG #SmartConstruction #FutureReady
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🚀 Ready to optimize your compliance costs with the #EUTaxonomy legislation and related reporting obligations? Estimates by EFRAG suggest that companies subject to these obligations may face annual costs ranging from €40K to €320K. 🤪 💡 Smart buildings offer a compelling solution to mitigate these expenses. Through Smart Building Collective | Certification, we've established a sustainability and #ESG-focused think tank. Our initiative delves into various public and private ESG schemes, exploring how compliance can be streamlined through smart buildings and their technologies. Beginning with the #EUGreenDeal and the #EUTaxonomy, which provide a robust foundation for fostering environmentally sustainable activities within the EU, we've analyzed how smart buildings and their technologies can support these endeavors. Excitingly, out of the 242 activities identified by the EU Taxonomy as substantially contributing to 6 environmental objectives, more than half can be facilitated by smart buildings and their providers. For the #RealEstate and #Construction sector alone, the EU Taxonomy defines 19 relevant activities. However, given the broad impact of real estate across sectors, smart buildings extend support to a much wider range of activities across all 6 objectives: 👉 54 activities contributing to Climate Change Mitigation 👉 59 activities contributing to Climate Change Adaptation 👉 2 activities contributing to Sustainable Use & Protection of Water & Marine Resources 👉 6 activities contributing to Transition to a Circular Economy 👉 2 activities contributing to Pollution Prevention 👉 2 activities contributing to Protection and Restoration of Biodiversity and Ecosystems remain unsupported by smart technologies currently. Furthermore, the outlook is promising: the proportion of smart-supported activities is anticipated to increase significantly in the coming years. Curious to discover how many activities delivered by your smart building or solution providers are EU Taxonomy eligible or aligned? Register your building or smart building solution and join the waiting list for the extra EU Taxonomy module here: 👇
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Are you ready to read the word “sustainability” one more time? Then stick with us. We know it might seem like just another buzzword, but the truth is that sustainability is taking center stage in the commercial real estate industry. We’ve said it before and we’ll say it again: in the long run, integrating sustainable practices into your real estate investment will save you money by improving building performance and increasing asset value. As a developer, which practices should you really be aware of and start considering? 1. ESG compliance reporting This one is all about transparency. The more you comply with it and have the data to support it, the more attractive it is to investors—and tenants. 2. Green certifications These third-party verifications, which confirm that your building meets specific environmental standards and sustainability practices, help investors understand the sustainability credentials of a property. 3. Renewable energy sources If you’re looking to obtain tax credits, incorporating renewable energy sources into your developments could be a smart way to qualify. 4. AI use While not a sustainable practice per se, AI-powered building management systems optimize energy use and reduce carbon footprints. 5. Innovative materials Minimizing waste through eco-friendly materials and using prefabricated construction methods can also lower operating costs and boost your profits. The way we see it, although it’s not challenge-free, it’s a win-win situation in the end. There’s definitely more to each of these practices, so check out our latest blog post for more insights on these trends and how they can affect your project: https://lnkd.in/eEY-BwGp #CRE #CommercialRealEstate #Sustainability #RealEstate #GreenPractices #REDdevelopment #RealEstateDevelopment
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