New home construction industry must reduce its carbon footprint, panelists say.

If there was one message that panelists at a discussion called Decarbonizing Real Estate in the GTA wanted to drive home, it’s this: New home builders and developers can no longer afford to wait, the time to deal with the issue is now.

“We account for half the emissions of a building during construction so that is why it is so vital to focus on construction because that is a huge part of how we decarbonize real estate,” said Adam Molson, vice-president of rental communities and sustainability at The Daniels Corporation. “What the industry is actually waking up to is the construction part.”

Panelists were on hand to offer a deep dive into how the construction, development, finance, and energy sectors are actively responding to the climate emergency.

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