The EPA State of the Environment Report 2024 paints a clear picture of the environmental challenges Ireland faces. The report underscores the urgency of addressing climate change, biodiversity loss, and pollution through systemic solutions. With sectors like construction, energy, and transport being major contributors to environmental degradation, there is a growing push for stricter regulations and digital solutions to track, manage, and mitigate these impacts. For businesses, this means adapting to new realities of compliance, transparency, and sustainability.

Based on the Green Public Procurement (GPP) Guidance for the Irish Public Sector, Hub360 can assist in several important areas related to green procurement and compliance, particularly in terms of data management, sustainability, and tracking environmental performance:

UK companies may be affected by the CSRD in the following scenarios:

1. Listed Securities: Companies with securities listed on an EU regulated market must comply with CSRD reporting obligations, regardless of their location.

2. EU Net Turnover: Companies with an EU net turnover exceeding €150 million over the past two consecutive years are subject to the CSRD if they have:

   • An EU subsidiary that is a large undertaking or has listed securities, or

   • An EU branch generating over €40 million in turnover in the previous financial year.

The construction and demolition (C&D) sector is a significant contributor to waste generation, accounting for approximately one-third of all waste produced annually in the European Union. With C&D waste consisting largely of excavated soil and stone (around 85%), along with materials like concrete, brick, tiles, glass, metal, plastic, and wood, managing this waste stream effectively is crucial. At Hub360, we are committed to helping organisations in the construction sector implement sustainable waste management oversight that align with evolving regulations and contribute to the circular economy.

The concept of a circular economy—where resources are kept in use for as long as possible, extracting maximum value before recovering and regenerating products and materials at the end of their service life—is crucial for the construction industry. With construction and demolition activities accounting for a significant portion of global waste, the sector is at the forefront of the circular economy challenge. However, without the proper digital tools to track material flows, monitor waste streams, and ensure compliance with sustainability directives, achieving circular economy goals remains out of reach.

The logistics industry is one of Europe's biggest, generating in excess of €900 bn each year and employing more than 7 million workers. It also features the most labour-intensive processes that have traditionally focused heavily on legacy paper-based systems, meaning that it's an industry that's open to disruption by options that offer improved efficiency.

Sustainability Comes to the Forefront of Construction & Demolition Waste Management Amid Rigorous EU Regulations

Construction firms and their suppliers are under increasing pressure to build sustainable and efficient structures, driven by stringent regulations and heightened government oversight. Balancing client preferences for sustainability with cost management is crucial, requiring navigation of evolving environmental standards and meeting stringent regulatory reporting requirements.