In light of last week’s IPCC report, and the industry’s growing commitment to Net Zero Carbon, the report from Colliers is a useful reminder that we cannot ignore our existing building stock. Retrofitting these buildings and reinventing them into a more energy-efficient state will be crucial to successful sustainability goals.
Whatever the current term is – environmentally friendly, sustainability, ESG, carbon aspirations – we in the construction industry have a duty to ensure that the buildings we create and promote are fit for purpose beyond today.
The week’s news also shows that shocks to the global supply networks have not been resolved. Whilst some of these disruptions such as blue sky policies in China or droughts are not uncommon, they will affect an already upset supply chain, reliant on just-in-time deliveries, with bottom lines that have been tested recently.