Demand for Green Building Solutions is Through the Roof. How Can Builders Respond?
Key Questions:
- What challenges are top of mind for the industry regarding ESG , zero-carbon and energy efficient building solutions? How can the building industry respond to the demand for healthy and cost effective building solutions?
- How have innovations in mechanical systems improved over the last decade & last few years?
- How does industrialization and digitalization of construction processes make bringing new innovations to market ?
Commentary:
Recently, Tim Adams, the president and CEO of the Institute of International Finance, spoke on a panel at CNBC’s Sustainable Future Forum saying it was inevitable that the current drive toward ESG (environmental, social and governance) would create assets that exceeded their fundamental value. With the global green building solutions and sustainability market exploding, we wanted to know what challenges are top of mind for the industry regarding ESG , zero-carbon and energy efficient building solutions? We asked David Goldstein, CEO at Hydronic Shell Technologies for his take on that, as well as how can the building industry respond to the demand for healthy and cost effective building solutions?
Abridged Thoughts:
From my perspective, the three biggest challenges for our industry in terms of ESG are:
- Achieving net zero carbon emissions
- Creating a more healthy indoor environment in terms of air quality
- Increasing the availability of high quality, affordable housing.
The solutions for reducing emissions and creating a healthy indoor environment are pretty well understood for new construction. But the bigger challenge is addressing these problems in existing buildings. Whereas an industry, we need to figure out new ways to implement these major upgrades in occupied buildings and without creating a huge disruption to the existing tenants.
More Stories Like This:
As Inflation Rises, How Will Construction Sites Be Affected?
Machine Learning Will Take Volatility Out of Construction
What is Pushing Modular Buildings Practices Through the Roof?
Latest
Mastering AV Sales Strategies: A Diverse Market Requires Understanding Individual Needs
Mastering AV sales strategies in a global professional audio-visual (Pro AV) market, poised to reach $79.2 billion by 2028, requires much attention to detail. The surge in demand from corporate, government, and institutional sectors, driven by the need for enhanced productivity and efficient working environments, gives AV sales pros a lot of opportunity. In […]
Cybersecurity in Healthcare: Addressing the Growing Threat
To keep up with the growing threats, cybersecurity in healthcare is a high-level priority. The recent ransomware attack on Ardent Health underscores a stark reality for the healthcare industry: cyber threats are a significant and ongoing challenge. Mike Saylor, the CEO of Blackswan Cybersecurity, LLC, sheds light on the complexities of cybersecurity in healthcare. […]
Effective Debt Management Holds the Keys to Small Business Cash Flow and Growth
Effective debt management through a robust accounts receivable system is essential for small business cash flow and growth, necessitating automated payment schedules and strategic policy adjustments. Collaborating with a collection agency as a strategic partner can enhance revenue recovery while preserving positive customer relationships. How critical is effective debt management for the financial health […]
