Volvo awards funds to two sustainability projects
Volvo Construction Equipment (Volvo CE) hosted an initiative to promote sustainability throughout the construction industry.
Through the Construction Climate Challenge (CCC) initiative, Volvo awarded funding to two research projects that intend to reduce climate impact in construction.
The chosen projects are the Swedish Royal Institute’s Implementation of Procurement Requirements for Sustainable Collaboration in Infrastructure (Impres) and the University of Edinburgh Business School’s Carbon Infrastructure Transformation Tool (CITT).
Volvo adds that the CCC has been funding research studies since 2014.
According to Volvo CE, the Impres project aims to contribute to a more efficient implementation of policies and goals to reduce climate impact from the infrastructure sector, specifically focusing on procurement requirements and the role of international systems for sustainability assessment.
In addition, the CITT project is developing a tool for construction companies to identify and reduce carbon in the construction supply chain. According to Volvo, the tool will demonstrate the embodied carbon and cost impact of each material element used in the creation of an infrastructure asset and will help to drive emission reductions by identifying opportunities to reduce carbon through innovation and supply chain engagement.
“We received inquiries from some of the best universities and research institutes in the world, making it difficult to choose which projects to fund,” says Peter Wallin, CCC research manager and technology research manager at Volvo. “The two we chose are considered to have the greatest global effect. We hope the research projects will increase understanding of the existing challenges within the industry and contribute to a clear guidance for reducing CO2 emissions, as well as the necessary steps to reach climate goals.”