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- Creators: Bethem, Jacob
- Member of: School of Sustainability Graduate Culminating Experiences
Description
"Decarbonizing the building and construction industry, ""the built environment,"" is critical to aligning with the United Nations (U.N.) Sustainable Development Goals (SDGs) and achieving the goals outlined in the Paris Agreement. Due to numerous factors, including global population increases, the industry's growth and resulting impacts on emissions and resource depletion are increasing every year.
The global construction materials industry's financial value was $1,320.01 billion in 2023 and is projected to grow to $1,867.16 billion by 2032. Significant environmental challenges accompany this growth. The building and construction sector contributes 37% of global emissions through the embodied carbon of materials extraction, manufacturing, on-site construction, and operational emissions from heating, cooling, and lighting (Abergel et al., 2019).
Our research highlights critical materials, outlines seven stages of the material life cycle, identifies potential risks and impacts, and offers recommendations for a more just and sustainable future in the construction materials industry (Dsilva, 2023). This comprehensive approach aims to understand better the industry's current landscape and actionable insights for driving sustainable practices."
ContributorsChristiaanse, Madelon (Author) / Grimm, Nick (Author) / Haj, Christelle (Author) / Bethem, Jacob (Contributor) / Morrison, Jessica (Contributor) / BWD Strategic (Contributor)
Created2024-07-03
Description
This report offers a robust analysis of Corporate Value Propositions for Collective Landscape Initiatives (L/JIs), authored by a distinguished team from Arizona State University's School of Sustainability (Conrado Guzman Flores, Rosana Naseh, Shannon Bowers-Smith, and Yuko Kamakura). It comprehensively examines the quantifiable benefits and metrics associated with L/JI engagement, highlighting the potential for significant value creation for participating corporations.
The report underscores a burgeoning trend: corporations increasingly recognize the strategic advantages of aligning with L/JIs. It emphasizes the critical importance of stakeholder engagement in achieving effective landscape management. Furthermore, the analysis delves into how organizations can effectively communicate the financial and non-financial benefits of L/JIs to corporations. Notably, the report proposes a groundbreaking financial analysis approach that leverages publicly available corporate data.
Beyond theoretical frameworks, the report provides a compelling examination of real-world corporate L/JI engagement examples, serving as a valuable roadmap for communicating the advantages of such partnerships. It further expands the discussion by introducing a comprehensive guide for corporations to strategically engage with supply chains and promote impactful local-level strategies.
The landscape analysis presented here transcends a mere enumeration of benefits. It sheds light on the transformative social, environmental, and economic benefits that corporations can achieve through L/JI engagement, with a particular emphasis on demonstrating financial relevance. The report presents robust financial analyses for prominent palm oil companies such as KAO, Fuji Oil, and L'Oreal, effectively showcasing the concrete financial gains associated with L/JI participation. Importantly, the report acknowledges the necessity of robust governance integration within these corporate programs to ensure long-term success.
ContributorsKamakura, Yuko (Author) / Naseh, Rosana (Author) / Cuzman Flores, Conrado (Author) / Bowers-Smith, Shannon (Author) / Reeves, Charles (Contributor) / Morrison, Jessica (Contributor) / Bethem, Jacob (Contributor) / CDP (Contributor)
Created2024-07-10