With increasing numbers of countries, states, cities and organizations committing to carbon neutrality by mid-century, zero carbon buildings are finally getting the attention they deserve as a critical climate solution. Buildings are responsible for nearly 40% of global greenhouse gas emissions. The good news is that both interest and investment in zero carbon buildings are growing along with the launch of public commitments and global initiatives.
In the 2018 Johnson Controls Energy Efficiency Indicator Study, 50% of 1,900 global organizations in 20 countries plan to have at least one zero carbon (or net zero energy) building over the next 10 years. Additionally, 59% of organizations plan to increase investment in energy efficiency, renewable energy and smart building technology next year. These investments are key to decarbonizing both new and existing buildings.
GS Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector. Smart Building is a diverse term that refers to the technological capabilities of buildings and other work place facilities.