AXA XL's North America construction insurance business has announced the launch of the Sustainability Circle, a network comprising 21 leaders in the sustainable construction industry.
The initiative aims to assist clients in achieving their sustainability goals and enhancing their construction risk management efforts.
“The challenges facing the construction industry right now are really big ones,” said Gary Kaplan, head of AXA XL’s North America construction business. “They range from implementing strategies to address energy efficiency in new and existing buildings, adapting to new types and methods of construction, dealing with unfamiliar materials – and sourcing them sustainably, and all this in the middle of a serious labour crisis. These are challenges that can't be solved by builders one at a time, it is going to require collaboration. That's why establishing this Sustainability Circle is important right now.”
The Sustainability Circle is an invitation-only network comprising sustainable construction leaders insured by AXA XL. It serves as a platform for collaborative problem-solving, knowledge sharing, and the development of shared strategies to drive progress within the industry, AXA XL said.
“Contractors are looking at ways to boost their own sustainability practices in alignment with their values, which helps them maintain their competitive edge, and ultimately helps their clients build a more resilient future,” said Cheri Hanes, AXA XL's head of construction innovation and sustainability in North America. “With the Sustainability Circle, we're providing a platform to help them learn, collaborate and push progress throughout the industry.
“We're building on the success of our Innovators Circle and other knowledge networks to provide a platform for knowledge sharing to help our clients prepare for the upcoming tidal wave of green or sustainable work. Through this roundtable consortium, we will use projects and knowledge sharing to collaborate and develop actionable solutions and best practices that we can share widely in order that we elevate the entire industry.”
The Sustainability Circle will organize regular virtual and in-person events. Through collective input from members, the network will identify and address the most crucial and widespread issues in the sustainable construction industry, AXA XL said.
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