Construction contracting in the sustainable age

June 2007
By Anna Learmonth, VP Marketing & ACFC (At the Customer, For the Customer), GE Commercial Finance, Australia/New Zealand

The overwhelming trend in today's economy is the environment and the impact of the global economy on that environment. Business today is driving the initiatives around sustainability and climate change with an increase in regulation from governments underway to support the slowing, and ultimate reduction, of greenhouse gas emissions across the globe.

Corporate sustainability is defined by the Department of the Environment and Water Resources as "strategies and practices that aim to meet the needs of stakeholders today while seeking to protect, support and enhance the human and natural resources that will be needed in the future."

In the construction arena, the drive towards sustainability is particularly critical, as new developments and infrastructure meet greater and greater public and government scrutiny. In response, a number of organisations across Australia, including construction companies, are making changes to reduce their environmental impact and risks by implementing practices, which make more efficient use of natural resources.

Much like the situation with occupational health and safety five to ten years ago, the changing landscape means industry is getting to a point where they must have a policy addressing sustainability and, where possible, a dedicated person to implement it.

Companies considering and implementing sustainable practices are focused on areas such as:

For construction contractors, one of the primary areas of focus in implementing sustainable practices may be in transportation and vehicle efficiency initiatives.

Construction contractors are particularly heavy vehicle and fuel users. The management and financing of these fleets is a critical element in addressing the issue of sustainability in the construction industry. By matching the fleet mix to the particular projects they’re working on at any given time, contractors can optimise their resources, limit waste and reduce their environmental footprint.

Considerations for sustainable fleets include picking the right vehicle, managing those vehicles for optimum efficiency and understanding the cost/environmental impact of the vehicles and their usage.

There is also a strong movement addressing the sustainability of the materials used in the construction industry including*:-

* Information from RiskeNews, February 2006

Related Links


Contact us

Australia: 13 14 66
New Zealand: 0800 659 053
Or email us