Skip to main content
Choose your location
Select the location and the language that you prefer

main content, press tab to continue

ESG In Sight – what it means for the construction industry

October 14, 2022

39% of the construction industry is responsible for carbon emissions globally

The environmental agenda is a high priority across all industries, but according to the World Green Building Council the construction industry is responsible for 39% of carbon emissions globally, making it a critical priority for contractors.1 As much as 50% of the whole life carbon emissions of a building come from the manufacturing materials and the construction process. To put things into perspective, cement accounts for 8% of the world’s C02 emissions.2

So, what does it mean for the industry?

Here are some of the highlights discussed at our 2022 Construction Risk Management Conference to help guide organizations in refining their ESG strategies:

Footnotes

1 https://worldgbc.org/news-media/WorldGBC-embodied-carbon-report-published
2 https://www.bbc.co.uk/news/science-environment-58878192

Disclaimer

Willis Towers Watson hopes you found the general information provided in this publication informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, Willis Towers Watson offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).

Contact

Photo of Bill Creedon

Bill Creedon

Chairman of Global Construction

CAMPAIGN

2022 Construction Risk Management Conference