Over 250 industry executives from across the industry including contractors, surveyors, civil engineers and architects from across the industry contributed to the survey results, captured in a new report Trend Insights: Sustainability in Construction.
74 percent of respondents put sustainability at the forefront of the global construction industry. The report reveals that growth of sustainable construction is viewed as inevitable, with client demand the main driver among contractors, followed by internal company policy and targets. Contractors offering the most sophisticated range of sustainable services will be ideally positioned to benefit.
Currently cost and lack of government support are perceived to be the key obstacles to growth in the sustainable sector; however 85 percent of respondents thought that sustainable construction methods should be used despite the increase to the cost of projects. Key report findings include:
- 68 percent of contractors report a growth in demand for sustainable methods from clients in the last five years.
- 85 percent stated that sustainable construction methods should be used despite the increase in cost of projects
- 64 percent of contractors stated that sustainable construction capabilities are now very important or important when competing for clients
- 72 percent of contractors in the survey were members of a sustainable business group or a green certification body
The full report, titled as “Trend Insight: Sustainability”, is available from timetricreports.com.