Climate Contracting for the Construction Industry
Blog Author: Becky Annison – Director of Engagement, The Chancery Lane Project The opportunity: It is estimated that the built environment contributes 39% of global greenhouse gas emissions, with the operation (energy consumption) of buildings responsible for 28% and the embodied carbon associated with the materials and construction process throughout the whole building life cycle accounting for 11%. The construction industry is also notorious for its tight profit margins and onerous risk allocations, with precious little room to manoeuvre. However, it is an industry with…