Innovation in Sustainability is Driving Green Building Trends in the Construction Industry
Global management consultancy McKinsey & Company in 2016 noted that the construction industry was ripe for disruption. Considered one of the world’s largest sectors, the forced advancement and adoption of innovative technologies have allowed the engineering and construction (E&C) industry to persevere in the last two years. In fact, a more recent report, also from McKinsey, noted that the construction industry is more likely to emerge from the pandemic leaner, more digitised, and with a greater eye toward sustainability.
Recent giga-projects and developments across the globe have seen the construction industry adopt new technologies and innovations, with industry veterans creating roadmaps to incorporate innovation throughout their digital transformation journey.
For instance, new technologies are constantly being developed to support green building initiatives, and firms like Terraco are actively working towards incorporating greener practices through the continuous innovation of sustainable and green products.
What do companies mean by innovation?
Terraco believes innovation is the process of turning an idea or a concept into a solution that creates genuine value for the property owner, applicator, environment or other stakeholders. The Swedish company believes that green buildings can reduce the negative environmental impact while conserving resources and improving the quality of life through its design, construction or operation.
Case in point, the Terraco Ecolife range of products are free of volatile organic compounds (VOCs), formaldehyde, APEO, heavy metals and other potentially harmful chemicals. These water-based, solvent-free innovations, which are third-party verified, contain special polymers and additives that ensure they are ecologically friendly, and comply with the most stringent international health and environment regulations.
Terraco details the need for continuous innovation
At its core, Terraco is committed to delivering continuous innovations and has a structured process which has served its customers globally for over 40 years. The company’s hub for global research and development – the Terraco Technical Centre located in Ireland – ensures continuous improvement and development of breakthrough technologies, which form the cornerstones of the business.
Terraco’s products and processes focus on high-quality, sustainable solutions for the construction industry. These products are made using carefully selected quality raw materials, ensuring superior performance. The company also notes the importance of sourcing environmentally friendly raw materials that are locally available, thereby reducing lead times, the cost of freight and more critically, the associated carbon footprint.
