Green homes – fossil-free construction and a new leader of sustainability

17 May 2021 | Investment

With sustainability high on the agenda, the use of renewable materials in public and private building and infrastructure projects will play a crucial role in delivering the transition to a low-carbon society.

BIOVYN™ offers an RSB-certified 100% substitution of fossil feedstock with biomass that is renewable, does not compete with the food chain and delivers a greenhouse gas saving of over 90% compared to conventionally produced PVC, allowing industries to significantly reduce their carbon footprint.

Filipe Constant, commercial director for INOVYN, comments: “There is incredible global demand for renewable PVC, that decouples its production from the conventional use of virgin fossil feedstocks.”

“One of the biggest challenges for companies in developing sustainability strategies is understanding which options are at their disposal. We are proud to be able to provide Pipelife Norway with the solution of BIOVYN™.”

Constant says fossil-free solutions are an excellent example of how the plastics industry can reduce fossil-based raw materials with the development of innovative solutions. “We will continue to work to make this an industry standard across sustainable, low carbon building and infrastructure projects,” he continues.

Sigmund Aandstad, general manager for Pipelife Norway, adds: “We are delighted to be working in partnership with INOVYN to offer our next generation of sustainable, fossil-free solutions.”

“This important step in increasing the environmental sustainability of our product portfolios positions us as a leading sustainability partner for a wide range of industries across Norway and beyond.”

Legal & General hires UKGBC’s John Alker as head of sustainability

Asset platform Legal & General Capital (LGC) has appointed John Alker as its new head of sustainability.

LGC says this senior appointment demonstrates its commitment to driving meaningful change across the sectors it operates in – from its net zero carbon housing commitment to its levelling up agenda, transforming towns and cities across the UK.

With over 15 years’ experience in the sector, Alker joins the business from the UK Green Building Council (UKGBC), a business-led not-for-profit that works collaboratively to influence industry practice and government policy, to transform the sustainability of the built environment.

Prior to joining UKGBC, Alker worked on sustainable homes and carbon trading for the environmental charity WWF-UK, has worked as a researcher in the House of Commons, and in commercial public affairs. He is also on the board of the Quality of Life Foundation.

In this new role, which he will begin on August 9, Alker will act as the strategic sustainability lead within LGC, challenging the business to continue to set ambitious sustainability commitments.

LGC says it is committed to using its diverse sources of capital to help address climate change. Its sustainability commitments range from creating energy-efficient homes, regenerating communities, and supporting health and scientific advancements, to investing across power, heat and transport in clean energy.

Last year, Legal & General pledged that it will make all of its new housing stock operational net zero carbon enabled by 2030, implemented in a phased approach across all homes invested in or built by the group including: Build to Rent, Build to Sell, later living, modular and affordable housing.

Earlier this year it announced that Inspired Villages, LGC’s later living business, has started on site to deliver the UK’s first net-zero retirement community, demonstrating LGC’s approach to ‘walk the walk, not just talk the talk’.

Commenting on his appointment, Alker says: “I am delighted to be joining the great team at LGC, to support the sustainability ambitions of the business in this critical decade of action.”

“We face a series of related challenges from global to local, both environmental and societal. The places where we live and work and the communities we create are at the heart of this challenge. That is why the scale and scope of LGC’s diverse interests in our built environment provide such an exciting opportunity – to deliver positive impact and create value in the round.”

Kerrigan Procter, chief executive officer of Legal & General Capital, adds: “We are delighted to welcome John to the business. His experience in working collaboratively across the construction and real estate industry to drive real improvement in environmental outcomes is exactly in line with our continued drive to deliver the societal benefits of quality, affordable housing for all and regenerated towns and cities.”

“John’s expertise makes him well placed to maximise the advantages within our housing and urban regeneration businesses in order to deliver on our ambitions for improved social and environmental outcomes.”

He concludes: “John will play a crucial role in ensuring that our sustainability commitments are delivered as well looking at further ways that our platform can help to transform climate change. We have a real opportunity to use LGC’s diverse sources of capital to build back better and seek out new transformative sustainable investments.”

<!– LinkedIn –> This post has originally been featured in Property Investor Today.