Master Builders Australia has released the Building and Construction Industry Sustainability Goals 2050 report, which outlines long term efforts to foster a stronger, more sustainable construction sector.
Master Builders Australia CEO, Denita Wawn, said that by addressing critical issues affecting business performance, minimising risks, and maximising opportunities through an Environmental, Social, and Governance (ESG) framework, Master Builders aims to shape a sustainable future for businesses, workers and communities.
“As our population grows and environmental challenges intensify, adopting ESG-focused building and construction practices becomes paramount,” Ms Wawn said.
“We must look beyond immediate concerns and make a dedicated, long-term effort to future-proof our industry and Australia’s built environment.
“Through evidence-based analysis, Master Builders will continue to advocate for changes that promote sustainable and profitable outcomes.
“Embedding these practices into industry business models can generate more robust businesses, create more jobs, enhance the built environment, and contribute to a stronger economy.”
Ms Wawn said that currently, the operation of buildings accounts for half of Australia’s electricity use and almost a quarter of greenhouse gas emissions.
“More sustainable building practices and a commitment to achieve a net zero built environment is part of our goal to reduce the environmental impact of the built environment,” Ms Wawn said.
“Our focus for social goals is for everyone in the industry to embed practices that ensure a safe and productive work environment for anyone wanting to work in the building and construction industry.
“A profitable and sustainable building and construction industry requires all those along the supply chain to share risk, maximise certainty, and minimise volatility, while maintaining a positive impact on the community.
“We recognise that achieving these goals requires a collaborative approach. Master Builders remains committed to developing policies, partnerships and strategies to future-proof the industry.”
The Building and Construction Industry Sustainability Goals 2050 have been set to be achieved by 2050, with specific milestones set for 2030.
