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SBTi Buildings Public Consultation Webinar
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- ESG Insights
Transforming the Building Sector: A Sustainable Future #Sustainability #Construction #Innovationš±
3 Key Takeaways:
- Incorporating science-based targets is essential for reducing emissions in line with planetary science.
- The in-use and embodied carbon intensity of buildings must converge towards sector-specific decarbonization pathways.
- Strategic investments in energy efficiency and renewable energy sources are mandatory for achieving 1.5-degree alignment.
Further Insights:
1.5-Degree Alignment The building sector is crucial for meeting global emission reduction targets, making the transition to science-based targets imperative for alignment with the 1.5-degree scenario.
Sectoral Decarbonization The sectoral decarbonization approach highlights the need for the building sector to adopt carbon intensity pathways, expressing emissions reduction in kilos of CO2 per square meter.
Embodied Emissions Addressing both in-use and embodied emissions in the building sector is a novel and comprehensive approach. Embodied emissions pathways are developed for new constructions, focusing on pre-use stages.
Operational Emissions Operational emissions from buildings must substantially decrease. Strategies include improving energy efficiency, utilizing renewable energy, and encouraging renovations over new constructions to mitigate carbon footprint.
Engagement and Collaboration Feedback and active participation from stakeholders across different geographies and sectors facilitate a diversified and robust approach to target setting and emission reductions within the building sector.
Closing Thoughts:
Is the industry ready to embrace these ambitious, science-based pathways, and what innovative solutions will emerge as companies strive to meet their targets? The success of these initiatives depends not only on adherence to guidelines but also on the collaborative effort to push the envelope on sustainability practices.