IND - Pathway To Net Zero: Tackling Emissions In Construction
2025-03-04 07:10:00 ET
Summary
- If construction companies want to be climate neutral by 2050, they need a comprehensive plan that looks beyond their own operations to the entire value chain, which is a major emitter of greenhouse gases.
- This ambitious goal demands diverse measures to address both direct and indirect emissions.
- It's not yet clear how committed the industry will be.
The construction value chain contributes significantly to total greenhouse gas emissions, yet the portion directly attributable to construction companies is relatively small. Despite this, many larger European construction firms have set emissions targets, albeit with wide variations. Achieving their ambitious 2050 goals will require significant efforts, including the electrification of equipment and vehicles.
The size of CO2 emissions in construction
At least a 55% reduction in greenhouse gases by 2030
Despite ongoing discussions about sustainability, construction companies are becoming increasingly engaged with these efforts. They must comply with the Paris Climate Agreement. Also, the Green Deal has been adopted in the European Union, with EU member states agreeing to cut CO2 emissions by at least 55% by 2030 compared to 1990 levels. By 2050, the EU wants to be climate neutral, which means that no net greenhouse gases will be emitted....
Pathway To Net Zero: Tackling Emissions In Construction