Risk Mitigation: Sustainable Management in Construction Industry

Abstract

Various parameters which are interactive in nature are exerting a negative influence on the existence of planet earth. Excessive urbanization, runaway global warming, unbridled generation of waste and pollution of air, water and soil has resulted in depletion of natural resources. As a result of threat to ecosystems and irreversible degradation, the growing evidence that the earth’s ability to sustain life is getting eroded needs to be taken seriously. Major parameter which is responsible for substantial contribution to global warming and degradation of environment is the construction industry. The construction industry consumes about 40% of extracted materials and is responsible for about 35% of total carbon dioxide emissions. Rapid economic development coupled with unplanned construction has resulted in choking of cities/towns, with little or no lung space and over-exploitation of natural resources. This paper seeks to address the methods to mitigate the adverse effects on environment by way of implementation of sustainable management in the form of green and intelligent building which will facilitate the planet earth to be a liveable place for future generation while simultaneously pursuing the agenda of sustainable development.