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Construction Market Update: September 2021

Construction

Published 23rd Aug 21 - by sophiecoyle

Top stories

IPCC climate report: construction responds to ‘code red’ warning

Major construction firms have warned the industry needs to decarbonise rapidly in the wake of a ‘code red’ report on climate change.

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UK Hydrogen Strategy published, with Government targeting £4bn of private investment by 2030

The UK Government has today (17 August) published its much-awaited Hydrogen Strategy, outlining plans to unlock £4bn of investment in blue and green generation, storage and usage this decade.

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SMEs ‘finding ways round’ material shortages

Construction SMEs are finding solutions to address material shortages, despite the widespread effect they have had on the industry over the past year

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September Featured Topic: Sustainable Procurement

Built environment projects with major contractors can pass up to 80% of spending through to their supply chain. Subsequently, sustainable procurement is a critical part of client and contractor policies and strategies, which is often reflected in tendering processes. Find out more about this topic with the recommended resources below…

Upcoming virtual training: Sustainable Procurement Lunch ‘n’ Learn

A 1 hour Lunch ‘n’ Learn to provide you with an understanding about Sustainable Procurement and the ISO 20400 standard as a framework for embedding sustainability.

Don’t miss it >>

Recommended Construction resource: The Social Value Model – PPN06/20

Government has defined social value through a series of priority themes and policy outcomes which are important to deliver through government’s commercial activities. The Social Value Model provides a consistent approach for departments and suppliers and helps to streamline and standardise the procurement process.

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More recommended resources:

What is Whole Life Costing

An introduction to the concept of whole life costing by Wilmott Dixon

Take a look >>

How to be a Responsible Supplier

Advice on what small businesses need to understand about clients who are using the new ISO standard for sustainable procurement – ISO20400

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SDGs and Decision Making

Research Paper from the Centre for Environment and Sustainability, University of Surrey

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