Zero carbon tech for building materials gets $12 billion commitment at COP27

Zero carbon tech for building materials gets $12 billion commitment at COP27

An aluminium clad building facade to illustrate the importance of zero carbon tech in buildingsThe World Economic Forum and US Special Presidential Envoy for Climate announced today at COP27, the expansion of a coalition of global companies, to commit $12 billion in 2030 purchase commitments for zero carbon and green technologies to decarbonise the cement and concrete industry and other hard-to-abate sectors. The latest expansion of the First Movers Coalition – made up of 65 companies with a collective market value of approximately $8 trillion – focuses on cleaning up one of the world’s most carbon-intensive industry sectors through purchasing commitments for low-carbon technology. From construction and engineering to real estate and developers, newly announced First Mover companies have committed to purchasing at least 10 percent near-zero cement and concrete per year by 2030.  More →

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

A flexible office space from Instant Offices, a pioneer of space as a serviceEurope’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted ‘responsible capitalism,’ the user is the centre of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver space as a service across a range of sectors. Emerging Trends in Real Estate Europe 2023, the twentieth annual survey of European real estate sector leaders’ expectations by the Urban Land Institute (ULI) and PwC, has looked beyond the year ahead at the trends shaping the industry over the next two decades. This report captures the views of over 900 sector leaders from across Europe. More →

Net zero carbon buildings standards coalition launches call for evidence

Net zero carbon buildings standards coalition launches call for evidence

An image of the Earth from space to illustrate net zero carbon buildingsThe team developing the UK’s Net Zero Carbon Buildings Standard (the NZCBS) has launched a call for evidence, to help inform and guide the development of the Standard. Once developed, the UK Net Zero Carbon Buildings Standard aims to provide a single agreed definition and methodology for the industry to determine what constitutes a net zero carbon building. The cross-industry group developing the Standard and championing this initiative includes representatives from the following organisations: Better Buildings Partnership (BBP), Building Research Establishment (BRE), the Carbon Trust, Chartered Institution of Building Services Engineers (CIBSE), Institution of Structural Engineers (IStructE), Low Energy Transformation Initiative (LETI), Royal Institute of British Architects (RIBA), Royal Institute of Chartered Surveyors (RICS), and UK Green Building Council (UKGBC). More →

WELL certification may boost occupant satisfaction, perceived wellbeing and productivity

WELL certification may boost occupant satisfaction, perceived wellbeing and productivity

An illustration of three people celebrating to illustrate their wellbeing A new study claims that WELL certification appears to boost levels of satisfaction and perceptions of health, wellbeing and productivity in people. The study claims to show an increase in occupant satisfaction by nearly 30 percent, as well as occupant perceived well-being scores by 26 percent, mental health by 10 percent and productivity by 10 median points in WELL Certified buildings. More →

Commercial property sector should embrace circular economy, say BCO

Commercial property sector should embrace circular economy, say BCO

A man relaxing in a green office space to illustrate the circular economy in the commercial property sectorA new report from the British Council for Offices (BCO) is urging the commercial property industry to ‘retain, extend life, reduce impact’ to futureproof offices. The report sets out to provide circular economy guidance to the office sector in relation to new-build, refurbishment and fit out. The Circular Economy in Offices report [BCO members only] claims to set out how offices can be designed and constructed in order to eliminate waste and pollution, circulate products and materials and regenerate nature. More →

World Green Building Council launches guide to climate change resilience

World Green Building Council launches guide to climate change resilience

climate changeThe World Green Building Council (WorldGBC) has launched a new industry guide on ‘Climate Change Resilience in the Built Environment’, collating effective and practical steps that can be taken on a building, community and city scale in order to adapt and build resilience to the changing climate. Under the inevitable impacts of climate change, which are affecting at least 85 percent of the world’s population, bringing acute hazards such as droughts, rising sea levels, heat waves and floods increasing frequency and severity, resilience action is essential to build community capacity to survive and thrive in our built environments. More →

Winter is coming: don’t be in the dark about blackouts

Winter is coming: don’t be in the dark about blackouts

a lit candle to illustrate the idea of blackoutsThe National Grid has warned that the UK could face blackouts this winter. The worst-case scenario is that homes and businesses could lose power for pre-defined periods of up to three hours if gas power plants are not able to keep running due to the energy crisis that keeps on giving – or rather, taking. While the British government has dropped its energy rationing campaign, which once formed a crucial part of its plan to prepare for potential energy shortages and blackouts, countries across Europe are drawing up winter contingency plans, as are forward-thinking businesses. More →

Transparency and collaboration key to real estate decarbonisation

Transparency and collaboration key to real estate decarbonisation

An image of the Earth to represent decarbonisationThe Urban Land Institute (ULI) has warned of a ‘carbon bubble’ in the pricing of European real estate and urged the industry to work together to preserve values across the sector as it aims to meet the decarbonisation targets set in the Paris Agreement. To support a more collaborative approach, at the inaugural ULI C Change Summit, the institute has published its Transition Risk Assessment Consultation Guidelines as part of its C Change programme. These guidelines set out a standardised method for assessing the costs of decarbonising buildings and disclosing between owners, investors, potential buyers, and valuers the main transition risks and impact on values. More →

Reliance on hero leaders holds back progress on the environment

Reliance on hero leaders holds back progress on the environment

Reliance on a wise ‘guru’ leader or ‘hero CEO’ endangers progress in tackling the environmental crisis by shifting responsibility, according to a new report from CEMS. Instead, all leaders need to adopt a corporate culture of ‘collective’ responsibility, empowering all employees to make decisions with a generational outlook if real change is to take place.  The new report – Leading for the Future of Our Planet – builds on findings from a CEMS survey of 4,206 professionals across 75 countries revealing that the environment is the single greatest concern facing modern-day business leaders, overtaking technological advancement. More →

Demand for sustainable commercial property rises modestly, but supply side still falls short

Demand for sustainable commercial property rises modestly, but supply side still falls short

sustainable commercial propertyProgress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. More →

The twenty-five technologies that can help climate action

The twenty-five technologies that can help climate action

climate actionA new report by the World Economic Forum’s Climate Trade Zero initiative calls for scaling up trade in 25 key technologies to support climate action and cut greenhouse gas emissions in half by 2030 to meet targets set out in the Paris Agreement on climate change. As many parts of the world face rising energy bills, reducing trade barriers can cut technology costs, as well as speed up availability, innovation, access and adoption. More →

World Architecture Festival announces Special Prize shortlist

World Architecture Festival announces Special Prize shortlist

World Architecture FestivalThe World Architecture Festival (WAF) has announced the 2022 Special Prize shortlist, ahead of this year’s festival which takes place in Lisbon from 30 November – 2 December. The projects shortlisted for the Special Prizes are selected from across the greater WAF Awards shortlist to shine a light on the submissions that exhibit an outstanding use of Engineering, Colour, Natural Light and Certified Timber, as well as the best Small Project of the Year Prize. This year sees two inaugural new prizes, The Futureglass Prize supported by Aestech and The Royal Fine Art Commission Trust International Building Beauty Prize supported by Ballymore. More →