Prioritizing sustainability in both products and companies benefits not only users but also the workers behind the scenes, fostering a healthier, safer environment. Real estate and infrastructure development contribute over 40% of global COâ‚‚ emissions, making the built environment one of the largest demand-side contributors to climate change. To mitigate these emissions, we must address all stages of the supply chain with integrated low-carbon strategies.
From sourcing to end-of-life, each phase in a building’s life cycle emits greenhouse gases, highlighting the need for comprehensive, cradle-to-cradle assessments and solutions to reduce carbon footprints. To do so, supply chain partners should commit to calculating and disclosing carbon impacts, paving the way for effective decarbonization strategies. Developers leading the way toward greener supply chains can drive demand for sustainable innovations, influencing suppliers to adopt eco-friendly practices and enabling start-ups focused on green solutions.
Sustainability goes beyond environmental considerations. Social responsibility is also essential, covering human rights, safety, and inclusivity. By aligning supply chains to support these priorities, real estate developers contribute to a better, more equitable future.
Data Scarcity
Environmental performance data is often lacking, though awareness is growing. Better data collection can lead to improved sustainability practices across the industry.
Performance Uncertainty
New materials need rigorous testing to encourage widespread use, and companies can lead by piloting green innovations.
Cost Premiums
Sustainable materials often come with a higher cost, which companies must justify in terms of long-term environmental benefits.
Material Availability
Demand for green materials is rising, necessitating increased production to meet scaling needs
Financial Investment
Although capital availability is improving, green material production still requires significant investment.
Policy Delays
Regulatory changes can be slow, but developers can support policy updates by piloting green materials and technologies.
A greener supply chain de-risks business and enhances profitability while contributing to national sustainability goals. By implementing these practices, companies improve their brand reputation, foster customer loyalty, and stimulate green job growth. With sustainable practices in place, they create safe, resilient environments for all stakeholders while fostering climate resilience.