About 6 per cent of global energy-related and process-related carbon dioxide emissions are attributable to the manufacture of cement, steel and aluminium used in construction, according to the International Energy Agency's (IEA) September 2022 tracking report.
This figure is even higher if indirect emissions are considered, such as the generation of electricity and heat used in buildings.
The IEA calculates that in order to meet the Net Zero Emissions by 2050 Scenario, carbon emissions from buildings, construction and operations will need to halve by 2030.
Given the scale of the $2tn-plus of regional projects in the pipeline, there is no better time for construction companies to adopt new technologies and sustainable practices in order to deliver resource-efficient projects that use less material, are cost and time efficient, and reduce waste and rework.
Yet many construction stakeholders lag in putting such practices at the top of their agendas.
Adoption and efficient use of construction technology is the obvious solution for firms looking to improve communication among project stakeholders, increase visibility of potential problems, and ensure accurate and comprehensive documentation.
Digital technologies and advanced materials play a critical role in delivering resource-efficient projects. Another way to introduce sustainable practices is to manage construction material waste responsibly. A huge amount of waste is created due to poor planning, quality control and communication on construction projects. Moreover, the volume of waste generated throughout the project life cycle can be hard to track.
According to the World Green Building Council, construction, demolition and renovation account for around one-third of global solid waste production each year. Applied to the regional projects pipeline, this suggests that billions of dollars are wasted before even taking the environmental impact into consideration.
Download this report to find out the trends that will shape construction projects and foster innovation for future project delivery.
- Key technologies supporting the construction value chain
- Top drivers for investment in new technologies
- The benefits of construction technology platforms
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