Energy
KEY considerations
The energy transition in the built environment
By Brian Crotty
Over the past decade the energy transition has become a key priority for businesses and governments alike . In 2015 , the Paris Agreement became the first ever legally binding climate change treaty , committing all signatories to reach net zero by 2050 . But a universal global effort on doing so has proven challenging in practice . While construction industry leaders have made great strides in operating more sustainably , the sector faces growing scrutiny as countries make a low-carbon future a reality . Anticipating and preparing for this trend will offer a strategic advantage to companies that get ahead of the curve . Here are some points to consider .
Carbon tracking and offsetting
Cutting emissions in the construction industry is a highly complex issue because the sector is carbon-intensive by its very nature . According to the IEA , the built environment currently generates one third of annual global CO 2 emissions . The acceleration of urbanisation around the world could have significant implications for meeting emissions goals .
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