Business Chief US+CAN Magazine November 2019 | Page 67

“ At any stage of delivery , if whole-life costs are not properly considered , the risks associated with the project can increase dramatically ”

— Bill Zuurbier , Co-founder and Managing Director of risk management consultancy , Equib
67 the environmental performance of new and existing buildings , those with a rating of Excellent or Outstanding are deemed to be sustainable environments that meet a high standard in terms of their environmental , social and corporate governance ( ESG ) performance .
Certification schemes and benchmarks clearly have an important role to play in driving sustainability performance . Their use is certainly helping to attract investors and other stakeholders , who increasingly expect projects to deliver measurable environmental or societal benefits . As a result , those responsible for designing new projects are specifying sustainable materials and operational equipment , usually justified by whole-life cost considerations , which prove their efficiency over time .
Operational risks are among the biggest risk factors for any major-scale infrastructure programme or construction project , and successful mitigation starts at design stage , when sustainability is closely considered . At this stage , a complete cost plan for the
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