With the built environment responsible for around 40% of the global carbon emissions, it is crucial that sustainable practices are adopted to achieve net-zero ambitions. The ICMS Coalition of 49 globally-prominent organisations has developed ICMS 3 – a world first for cost and carbon management in construction from concept to completion and beyond.
To ensure the standard is fit for purpose, the ICMS Coalition has launched a consultation for professionals globally to feed into.
We are looking to hear from a wide range of built environment professionals, from quantity surveyors and building surveyors to engineers, architects, and environmentalists.
The consultation closes on 10 September 2021, with the final document ready for publication later in the year.
About the standard
ICMS 3 will contribute positively to efforts to decarbonise the construction sector in the most cost-effective way. Through ICMS 3, professionals will for the first time be empowered to deliver a globally consistent method for carbon life cycle reporting across construction projects, from buildings and bridges to ports and offshore structures.
The global ICMS Coalition have collaborated to develop and raise the standard of construction carbon and cost management to the public advantage. The solution will support sustainable investment strategies by bringing much needed transparency and cross-border comparability of embodied and operational carbon across the life cycle of construction projects.
Alan Muse, Chairman of the ICMS Standards Setting Committee and Head of Construction Standards at RICS:
“This revised edition of ICMS, which professionals follow when reporting upon construction projects, will enable the construction sector to include carbon accounting on a comparable and consistently defined basis.
“While other aspects such as capital cost and life cycle cost will continue to be reported, of increasingly equal importance will be ensuring a greener future for the global construction sector”.