Turner Construction Uses Sustainability To Drive Growth
Published: 21 September 2011
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6 pages, 3 figures
EXECUTIVE SUMMARY
This report provides CSOs and VPs of sustainability with an independent analysis of Turner Construction Company’s sustainability strategy. Verdantix selected Turner, a US general construction contractor with 2010 revenue of $7.8 billion, for a strategy case study of how firms operating in the construction industry define their sustainability challenge. Verdantix spoke with Turner’s CSO, analysed corporate sustainability data and reviewed submissions to the Carbon Disclosure Project. Verdantix analysis finds that Turner made a strategic commitment to sustainability in 2004, one that led to revenues from sustainable construction activity growing at a CAGR of 26% between 2006 and 2010, and a 5% reduction target in absolute carbon emissions based on 2006 figures by 2011. Since making this commitment, the firm has delivered in excess of 200 US Green Building Council LEED certified buildings, with a market value of $10.5 billion.
TABLE OF CONTENTS
TURNER CONSTRUCTION USES SUSTAINABILITY TO DRIVE GROWTH
Sustainability Action Plan Drives Both Internal And Market-Facing Change
Breadth Of Market Insights And Skill Sets Facilitate Strategic Repositioning
Turner Exemplifies Benefits Of A Business Strategy Led Sustainability Programme
TABLE OF FIGURES
Figure 1. Turner Targets Absolute GHG Emission Reductions
Figure 2. Tuner’s Sustainability Strategy Targets Revenue Growth
Figure 3. Absolute GHG Emissions Peak And Trough As Sustainability Plan Is Rolled Out
ORGANIZATIONS MENTIONED
Autodesk, Balfour Beatty, Carbon Disclosure Project, Deloitte, Hearst Corporation, MACE Group, New York City, RAND Corporation, Turner Construction Company, US Environmental Protection Agency, US Green Building Council, Yale University