SEARCH IN BRIEF

 
Property sector needs to face the sustainable future

The building sector is not doing enough to deliver sustainable construction solutions, according to a survey of senior property professionals. The research, compiled by global architecture practice Woods Bagot, revealed that 82 per cent of respondents support the statement that the industry is not doing enough to deliver sustainable solutions

Earle Arney, Director at Woods Bagot’s London office, said, “The property sector needs to refocus. Buildings currently represent 40 per cent of global CO2 emissions: if we continue on our current trajectory then the world’s buildings will be at the top of the environment’s epitaph.”

Woods Bagot surveyed more than 200 senior property professionals in the Europe, the Middle East, Asia United States, and Australasia to determine an honest appraisal of a sustainable future for the construction industry. The respondents felt that despite the awareness of climate change, the property industry’s two most significant challenges are the lack of industry support to deliver sustainable solutions, and the ability to provide a convincing argument for the benefit of sustainability to clients.

The survey revealed that energy efficiency and generation is the most important issue for the future. This was followed by reducing carbon footprints of new and refurbished developments as well as the reduction of water usage.

There was industry awareness of the potential for sustainable construction. 86 per cent of respondents believed that green buildings improved corporate reputation, reduced operational costs and risk, and improved staff productivity. And 73 per cent believed that going green was an effective tool for attracting and retaining key talent in the industry.

A third of respondents from the poll believed that the cost premium for creating a sustainable building was 6-10 per cent more than the cost of a standard building.

Earle Arney said: “The industry is more than aware of the convincing arguments for sustainable developments and the benefits are well known. What we need to move beyond is apprehension at increase in construction costs as these are more than offset by staff retention, attraction, and improvements in productivity over the long term.

“Encouragingly what we have found of late is that the challenges the global financial crisis has imposed mean that there is now a growing appreciation that old developments approaches need to be aligned to the change in attitude and a realisation that the workplace is an effective instrument to drive organisation change and business effectiveness”.

42 per cent identified delivery expertise and process compliance to be two major challenges faced when trying to deliver sustainable built environments. The underlying issue driving process compliance is the relative lack of knowledge and delivery expertise required to satisfy compliance objectives.

This was a surprise as a significant proportion of respondents consider themselves to be totally committed to supporting the drive for a more sustainable future through the delivery of a more sustainable built environment.

IN BRIEF
Tuesday 25 August 2009
WAN celebrates the Easter holidays
Thu 17 Apr 2014
Rome Prize Competition winners announced
Thu 17 Apr 2014
Joondalup Performing Arts & Cultural Facility to be designed by ARM Architecture
Thu 17 Apr 2014
Call for entries: AECOM student competition
Thu 17 Apr 2014
Green light for Maggie's Centre in Manchester by Foster + Partners
Fri 11 Apr 2014
Three finalists for International Financial Centre competition in Rublyovo-Arkhangelskoye
Fri 11 Apr 2014
Colwyn Foulkes & Partners receives planning for first new build at Kensington Palace Gardens for 100+ years
Thu 10 Apr 2014
Tamayouz Lifetime Achievement Award presented to Dr Mohamed Saleh Makiya
Wed 09 Apr 2014