A major new partnership between international real estate group, Lendlease, and one of the world’s leading suppliers of sustainable timber, Stora Enso, is set to supercharge the use of environmentally friendly construction products in some of the world’s most recognised cities.
The new partnership will focus on three key areas: R&D into sustainable timber products including cross laminated timber (CLT); new ways these products can be used in construction; and their accessibility in the global market.
In the past decade, the two companies have worked together to deliver sustainable timber buildings in cities, including London, Sydney and Brisbane. For example, the use of sustainable timber instead of conventional reinforced concrete at Lendlease’s 25 King office project in Brisbane, Australia, reduced carbon emissions by 74 per cent or 5,000 tonnes of carbon.
Given the built environment currently contributes about 40 per cent of greenhouse gas emissions globally, sustainable timber products represent a compelling opportunity for the construction industry to lighten its environmental footprint. Strong, lightweight and resilient to fire and shocks, sustainable timber contains much less embodied carbon than traditional building materials such as steel and cement.
For further information, please see https://www.storaenso.com/en/newsroom/news/2021/10/lendlease-and-stora-enso-partnership