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Construction Market Update: October 2021

Construction

Published 28th Sep 21 - by sophiecoyle

Top stories

Climate change: Construction companies told to stop knocking down buildings

Britain’s top engineers are urging the government to stop buildings being demolished. They say the construction industry should where possible re-use buildings, employ more recycled material, and use machinery powered by clean fuels.

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55% of commercial property firms recorded increased demand for ‘green’ buildings amid Covid-19

In the commercial property sector, respondents were asked about investor and occupier appetite for buildings considered ‘green’ or ‘sustainable’. Globally, 55% of respondents said demand had risen.

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Balfour Beatty, in Partnership with the School, launch findings of their Greening the Chain survey

The survey, targeting the construction and infrastructure industry’s supply chain partners, aimed to understand the barriers, issues and opportunities faced by the sector in achieving Net Zero. In the findings, Balfour Beatty provide access to key recommendations for policy makers, customers, and the wider industry to help it to achieve Net Zero.

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October’s Featured Topic: Modern Slavery

There are 40.3 million victims in forced labour estimated by the Global Slavery Index, and estimated 136,000 victims in the UK alone. Labour exploitation is a lucrative business for organised crime and the construction industry is no exception.

We have a wealth of resources to help you understand the principles of modern slavery and how you can use due diligence within your organisational processes to combat the risk of labour exploitation – take a look:

Modern Slavery: An Introduction 

An introductory learning pathway to help you begin to develop your understanding on modern slavery risks within your organisation and supply chain.

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Modern Slavery Due Diligence Prevention Checklist

A best practice checklist, outlining what organisations should have in place to combat modern slavery, designed to help procurement specialists understand how to evaluate supply chain responses to requests for their own due diligence processes. 

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Concrete – Tackling Modern Slavery in the Construction Sector

This video illustrates the forms of modern slavery and how it can manifest in the construction industry.

Watch now >>