Market Overview: Unveiling Digital Solutions For Lifecycle Carbon Reduction In The Built Environment
26 Feb, 2024
Access this research
Access all AEC content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
The building and construction sector exerts a significant environmental influence, prompting leaders throughout the real estate value chain to prioritize and intensify their endeavours to mitigate the industry’s carbon footprint. This report provides an overview of the digital solutions available to real estate and built environment professionals to measure, manage, report and – crucially – reduce carbon emissions. Given the diverse array of providers offering carbon-related solutions for the built environment, this report considers tools across various categories, encompassing lifecycle assessment (LCA), product lifecycle management (PLM), ESG data and reporting, energy management, carbon accounting and management, and building information modelling (BIM) and digital twin technologies. With carbon emissions emanating from each stage of the building life cycle, this report examines all phases, from design and construction to operations and end of life.
Decarbonizing the built environment demands digital tools
Varied standards exist to examine carbon emissions, catering to different real estate professionals
Climate change, compliance and consumer awareness propel net zero to the fore
Firms are spurred to curb their carbon emissions by financial incentives
A disconnected real estate value chain, coupled with data hurdles, hinders carbon management
Introducing the market for digital solutions addressing carbon in the built environment
A diverse ecosystem of providers forms the building blocks for decarbonization
Stakeholders derive distinct benefits from software to measure, manage and mitigate carbon consumption
Widespread building decarbonization will require digital solutions that are accessible and open
Varied standards exist to examine carbon emissions, catering to different real estate professionals
Climate change, compliance and consumer awareness propel net zero to the fore
Firms are spurred to curb their carbon emissions by financial incentives
A disconnected real estate value chain, coupled with data hurdles, hinders carbon management
Introducing the market for digital solutions addressing carbon in the built environment
A diverse ecosystem of providers forms the building blocks for decarbonization
Stakeholders derive distinct benefits from software to measure, manage and mitigate carbon consumption
Widespread building decarbonization will require digital solutions that are accessible and open
Figure 1. Relationship between two frameworks for measuring carbon in the built environment
Figure 2. Collaboration on decarbonization of the built environment by critical stakeholders across the building life cycle
Figure 3. Landscape of providers of digital solutions for building-related carbon measurement and management
Figure 2. Collaboration on decarbonization of the built environment by critical stakeholders across the building life cycle
Figure 3. Landscape of providers of digital solutions for building-related carbon measurement and management
Patrizia, Boon Edam, PRé Sustainability, Carbon Risk Real Estate Monitor (CRREM), British Land, Swiss Life Asset Managers, Bueno Systems, Task Force on Climate-related Financial Disclosures (TCFD), openLCA, CDP, Position Green, Makersite, EcoEnergy Insights, GHG Protocol, Partnership for Carbon Accounting Financials (PCAF), Grosvenor, International Organization for Standardization (ISO), Global Reporting Initiative (GRI), Normative, LaSalle, International Sustainability Standards Board (ISSB), Deepki, Net Zero Asset Managers initiative, Lendlease, CBRE, Emitwise, NZero, EnergyCAP, Lake Flato Architects, Bentley Systems, Schneider Electric, IBM Envizi, One Click LCA, World Resources Institute (WRI), UN Environment Programme (UNEP), PSG Equity, RIBA (Royal Institute of British Architects), TallyLCA, Laing O’Rourke, gbXML, InfraVia Capital Partners, Nemetschek, Globalworth, Generali, SimaPro, Sphera, Sway Ventures, Vinci Energies, IBM, Axis, Rubenstein Partners, Carrier, Sustainability Accounting Standards Board (SASB), Integrated Environmental Solutions (IES), Siemens Digital Industries, Johnson Controls, Energy Star, Interface, Nooco, Siemens, Low Carbon Building Initiative (LCBI), GRESB (Global Real Estate Sustainability Benchmark), Autodesk, Savills UK, D-Carbonize, Arup, Athena, Measurabl, US Securities and Exchange Commission (SEC), Dassault Systèmes, FigBytes, BRE Group, Energy Impact Partners, Emerson, Honeywell, Dekker Perich Sabatini (DPS), Dublin City Council, RICS (Royal Institution of Chartered Surveyors)
About the Authors
Amelia Feehan
Senior Consultant, Advisory Services
Amelia is a Senior Consultant within the Advisory Services team at Verdantix. She has several years of experience leading large-scale technology and strategy projects for both…
View Profile
Claire Stephens
Research Director
Claire Stephens is a Research Director at Verdantix, leading research into technologies and services shaping the real estate and the built environment, encompassing …
View Profile