RICS Response to Hong Kong 2024 Policy Address

Royal Institute of Chartered Surveyors 1 year ago

Hong Kong’s Chief Executive John Lee announced his third policy address on 16 October, highlighting several areas of reforms to achieve prosperity.
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layersDaily Sustainability Digest

Published about 2 hours ago



The redesign of the Bridgwater tidal barrier represents a decisive step towards sustainable construction grounded in engineering efficiency. The project integrates sustainable building design principles to reduce embodied carbon and improve resource efficiency in construction. Its optimisation of structure and materials supports net zero whole life carbon performance while maintaining resilience for 12,800 homes. The initiative exemplifies how whole life carbon assessment can drive low-impact construction through disciplined design, avoiding unnecessary complexity and minimising the carbon footprint of construction without compromising safety or environmental sustainability in construction.

The approved £45 million battery energy storage scheme in Leicestershire reinforces the commitment to energy-efficient buildings and all-electric neighbourhoods. Such infrastructure strengthens grid reliability essential for low carbon construction materials and the decarbonising of the built environment. This integration of renewable energy and green construction strategy advances circular economy in construction principles by enabling low carbon building operations aligned with whole life carbon objectives.

Octopus Energy’s rollout of Zero Bills homes in Scotland extends sustainable building practices from pilot to production. By embedding life cycle thinking in construction and measurable performance guarantees, it brings life cycle cost transparency to mainstream housing. These energy-efficient homes demonstrate how sustainable architecture and low carbon design can underpin net zero carbon buildings that combine affordability with verified environmental impact reduction.

Haydale’s acquisition of SaveMoneyCutCarbon signals a market consolidation focused on lifecycle assessment, environmental product declarations (EPDs), and data-led building lifecycle performance. The emerging model links eco-design for buildings with circular construction strategies, fostering traceability from material selection to end-of-life reuse in construction. The increasing alignment between sustainable material specification and eco-friendly construction methods highlights the value of measurable whole life carbon outcomes over symbolic sustainability commitments.

Progress across project delivery and retrofit markets contrasts with slow investment in low embodied carbon materials and clean fuels for heavy plant and cement. Achieving carbon neutral construction demands systemic reform guided by circular economy thinking, BREEAM and BREEAM v7 certification, and robust whole life carbon accounting. The trajectory of sustainable urban development depends on deeper adoption of low carbon design practices, renewable building materials, and green building products that translate sustainability goals into quantifiable performance benchmarks.

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