SUMMATIVE ASSIGNMENT 2: ESSAY UNIVERSITY OF GREENWICH Date: 14th January 2022 SUSTAINABLE / GREEN BUILDINGS AND WHETHER REGULATION IS NEEDED Module Leader – John O’Leary 1 Table of Contents 1. Introduction ................................................................................................................................. 3 2. Sustainable buildings .................................................................................................................. 3 3. Journey towards net-zero ............................................................................................................ 4 4. Green investment in construction management .......................................................................... 5 5. Policy consideration .................................................................................................................... 6 6. Conclusion .................................................................................................................................. 7 References ....................................................................................................................................... 8 2 1. Introduction Construction companies are involved in many endless ways to make sustainable buildings and reduce carbon footprint. Building sustainable buildings are beneficial to reducing costs and resource efficiency too. Providing cheaper mortgages banks are helping some construction companies to build sustainable buildings, which will be environmentally friendly. The EPC rating becomes a significant factor in the aspect of making sustainable buildings. Savills and Willmott Dixon are two construction companies that are on a mission of building sustainable construction by reducing carbon foot printing and in a mission to succeed in the net-zero policy. This study aims to evaluate the factors of sustainable building, net-zero targeting, green mortgage significance, and some other policies regarding construction. 2. Sustainable buildings Sustainable buildings help to mitigate the impact of environmental impacts on human health. That has been done before and at the time of construction of a building. Moreover, it can be done by protecting as well as preserving resources that are natural (Lyeonovet al. 2019). Some exceptional benefits have occurred in the sustainable buildings of Willmott Dixon as the obtained design of sustainable buildings is very energy efficient. Reducing the usage of gas as well as electricity is one of the major concerns in the present day. The sustainable building plays a vital role in order to reduce the cost of gas as well as electricity. On the other hand, it can play an effective role in reducing the carbon footprint. All these in sustainable buildings can be done by implementing elements that are energy efficient. All those effects can be implemented for short as well as long terms. Double-glazing on the windows, in-slab heating, comprehensive insulation as well as concrete floors is some technologies that are implemented for making a sustainable building. Moreover, solar panels are implemented in order to produce a natural source of energy for sustainable building. Hence, it will play an effective role in mitigating the costs. Trombe walls are a profitable option that comes with sustainable building (D'Orazio and Popoyan, 2019). Passive heating, as well as cooling, is also an important aspect that is included with sustainable building. On the other hand, it can play an effective role in mitigating the cost of gas as well as electricity. It can be done by protecting as well as preserving resources that are natural. Some exceptional 3 benefits are occurred in the sustainable buildings of Willmott Dixon. Elements are indulged with passive heating and cooling. Those can be defined as orientation, thermal mass, insulation, glazing, spatial, ventilation as well as shading. The design of sustainable buildings is very energy efficient. Reducing the usage of gas as well as electricity is one of the major concerns in the present day in Willmott Dixon sustainable building has been constructed. Sustainable building plays a vital role in order to reduce the cost of gas as well as electricity (Gatto, Daniotti, and Re, 2021). Moreover, the airtightness of those buildings can be considered 0.6 air changes per hour (Yousaf, Suleman, and Demirer, 2022). That indicates a developed tight envelope around the building. However, various features are indulged with the sustainable buildings of Willmott Dixon as large windows that can play an effective role in providing sufficient sunlight around the building. Lifetime costs of those buildings have been mitigated 3. Journey towards net-zero The government of the UK has announced in 2017 that the construction building should be on a mission of becoming net-zero. The construction departments of this country were in a state of low rate of carbon emission but after the bank mortgage started greening buildings (Harris et al. 2021). In 2014 the mission of becoming a sustainable building by maintaining a carbon footprint was a tough situation for the UK. The residential journey has been started to maintain the green building and Savills’s construction company has set its target to build the most sustainable buildings by 2035. The Passivhaus practice of Willmott Dixon helps this organization to meet the carbon emission mission in a very short time. Confronting some high-energy efficiency buildings in the context of the UK this Wilmott Dixon has approached the Passivhaus practice. Targeting the net-zero policy these two organizations have adopted different kinds of practices. The net-zero policy is beneficial in the construction companies to emit carbon dioxide by almost 40%. Adopting some measures in the supply chain management of construction helps to meet the mission of net-zero. By creating renewable energy, the Savills construction company has achieved almost 27% CO2 emission. Wilmott Dixon has adopted the Passivhaus practice and has been able to achieve energy efficiency in a passive way. Fabric elements in the construction have helped this company to maintain the carbon emission program. It can be said that the Passivhaus practice is more effective than that of renewable energy as it is a passive approach to 4 energy efficiency programming (Jackson, 2020). However, it is also evident that the mission of net-zero has helped in the green program of residential aspects through the company named Savills. Both these companies are on a mission of achieving energy efficiency by the rating of EPC. Savills has achieved the rating of EPC C and Willmott Dixon has achieved the rating of EPC A and sometimes B. Hence, the energy residential strategy of both these companies has resulted in almost 80% energy efficiency in the company of Willmott Dixon; Savills has achieved a success rate of almost 30% (D’Orazio and Popoyan, 2019). As per the EPC improvements of both of these organizations, the challenges have come with the green premium of residential aspects in the case of Savills. In the case of Wilmot Dixon, the challenges have come with the refutation and reconfiguration of the buildings. Retaining the existing design of the constructions for Wilmott and the challenge in the decarbonization program for Savills has appeared as the most significant challenges (Sheng, Sheng, and Levine, 2018). Tallying two companies the challenge of Savills has affected most in the construction program as it is related to the environmental aspects. While in the case of Wilmott the challenges have come with building infrastructure and has less impact on the sustainable development 4. Green investment in construction management The core opportunity that is indulged with the green investment can be considered renewable energy. It displays the fact that 27% of total energy is generated from renewable sources (Khalil and Nimmanunta, 2021). As per the experts, they claimed it would be 100% in 2050 (D’Orazio and Popoyan, 2019). Green investment is a solution for making the world free from pollution. Only natural resources will be used. Green power investments are considered as one of the major investments that can play an effective role in making the world pollution-free. It will also impact climate change. In this digitized generation in order to generate power, there is no longer a need for fossil fuels for generating energy. It can provide the same range of electricity to our homes. comprehensive insulation, as well as concrete floors, are some technologies that are implemented for making a sustainable building. Moreover, solar panels are implemented in order to produce a natural source of energy for sustainable building. Hence, it will play an effective role in mitigating the costs. 5 Trombe walls are a profitable option that comes with sustainable building. Passive heating, as well as cooling, is also an important aspect that is indulged with sustainable building. On the other hand, it can play an effective role in mitigating cost of gas as well as electricity. It can be done by protecting as well as preserving resources that are natural. Savills and Willmott Dixon are two construction companies that are on a mission of building sustainable construction by reducing carbon footprinting and in a mission to succeed in the net-zero policy (Pimonenko, Lieonov, and Ibragimov, 2019). There are various sources of energy that can be a part of green investment, those can be considered to be water, solar as well as wind. All these are the natural source of energy and cannot be finished. Water is considered one of the important natural resources that can generate renewable energy. Green investment can also make an impact on pollution controls (Pyka, and Nocoń, 2021). It will play an effective role in mitigating the emissions of greenhouse gas. Green transportation is also referred to as a key part that is indulged in the green investment. 5. Policy consideration As per the policy, considerations of both these organizations the heritage policy, heating aspects, affordable elements, technicalities, soft landing programs come with significance. Through building sustainable construction building by maintaining some important elements like energy efficiency, heritage policies are included with Savill’s policies. The heritage policies of Savills have affected the conflict between historical merit and architectural aspects. The energy efficiency and trade-off policies have become some important factors to maintain the policy regarding issues of Savills. The nature of concession and the factors of property presentation are some elements that are included with policies regarding elements of Savills (Pesotskaya, Selyutina, and Egorova, 2019). Another factor of the policy of Savills is the heating policy. There has been an announcement banning new home construction as per the heating regulatory system of the UK. In addition, the sale of the fossil has been banned till 2025 as per the aspect of carbon emission programming in construction. In the case of Wilmott Dixon, the policies of energy synergy have come to be seen as a significant policy. The energy synergy operation can be implemented in the regular operating houses through energy and the policy of heating has been applied there (Erdogan, Šaparauskas and Turskis, 2019). Achieving sustainable development in the building construction some legislative policies are also applied there. By 6 maintaining the energy efficiency and low carbon emission program of the construction building affordable factors are also significant in the case of Savills. As per the EPC rating of both of these organizations, 25% of the buildings are being outdated as per the affordable costs of the buildings’ infrastructure (Pyka and Nocoń, 2021). In the case of Wilmott Dixon, the heat pumping through the communal ground sourcing has been included in the policies of heating. Heat pumps are providing energy to maintain the sustainable alternative sources for the energy sources; hence, this policy has very little impact on this aspect (Kim and Irizarry, 2021). As per the policy regarding issues of both of these construction companies that are Savills and Wilmott Dixon, it has been identified that the impacts of policy considerations have mostly effective nature on the Savills. As per the mortgage policies of the companies this (Ebe and Zimmermann, 2018), have affected the choice able places of both of these companies. The rented sector of the companies that have been used for making energy sufficiency building construction is also followed by some policies regarding heating for both Savills and Willmott Dixon. 6. Conclusion In this essay, the researcher primarily focuses on the construction administration of two companies. Those two companies are referred to as Willmott-Dixon as well as Savills. This essay covered the journey of those upper-mentioned companies towards net zero. Moreover, the residential journey stages in order to maintain the green building. On the other hand, the company Savilla confirms that they will construct sustainable buildings before the year2035. Adopting some measures in the supply chain management of construction helps to meet the mission of net-zero. By creating renewable energy, the Savills construction company has achieved almost 27% CO2 emission. The design of sustainable buildings is very energy efficient. Reducing the usage of gas as well as electricity is one of the major concerns in the present day In Willmott Dixon sustainable building has been constructed. Wilmott Dixon has adopted Pasiphaë’s practice and has been able to achieve energy efficiency in a passive way. In order to maintain the program of carbon emission, fabric elements play a vital role in it. However, maintaining the energy efficiency and low carbon emission program of the construction building affordable factors are also significant in the case of Savills. The sustainable building plays a vital role in order to reduce the cost of gas as well as electricity. 7 References Books Harris, F., McCaffer, R., Baldwin, A. and Edum-Fotwe, F., 2021. Modern construction management. Hoboken: John Wiley & Sons. Jackson, B.J., 2020. Construction management JumpStart: the best first step toward a career in construction management. Hoboken: John Wiley & Sons. Sheng, Z., Sheng and Levine, 2018. Fundamental theories of mega infrastructure construction management. New York: Springer. Journals D’Orazio, P. and Popoyan, L., 2019. Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies?. Ecological Economics, 160, pp.25-37. Eber, W. and Zimmermann, J., 2018. 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