Climate change continues to shape the values, choices and investment decisions of the real estate industry. Asset owners and tenants, in particular, are acknowledging that they will be judged on the performance of the buildings they own and occupy, while simultaneously, investors are increasingly pushing to see that their capital is being used in more sustainable ways.
In many countries, construction is a way to accelerate the economic recovery from the pandemic, but it is also a major source of carbon emissions. One way to bridge this issue is to increase the construction of more sustainable buildings.
Engineered-timber buildings tick this box, and a combination of technological innovation, greater sustainability and reduced costs has seen the number of such developments increase globally.
Construction using concrete and steel is highly carbon-intensive, compared with trees, which capture and store carbon dioxide as they grow, making timber a far greater climat
