New SEC rules will require public companies to report on the climate impacts of their business. The SEC proposal requires companies to disclose climate-related risks – such as how climate might impact their business, operations, or financial condition – in their statements and corporate reports. Companies will also be required to disclose their greenhouse gas emissions, per the new rules. For our NGBS Green certification clients, the proposed SEC rule provides additional validation of your decision to design, build, and own high-performing real property assets, and seek a third-party certification of their conformance to back-up your environmental claims. The SEC rule aligns closely with the value of third-party certification. The NGBS Green mark signifies to investors, consumers, government staff, and other stakeholders that a building’s environmental claims are independently verified.
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In late February, I participated in an interview/discussion during the Building Products Strategy Summit held by John Burns Real Estate Consulting. The subject was innovation in the U.S. housing construction market. When I joined Home Innovation Research Labs nearly 30 years ago, my initial assignment was to support the Advanced Housing Technology Program (AHTP) – a deep exploration of barriers to innovation in home construction, to evaluate and catalog more than a thousand beneficial new home technologies. The AHTP program was initiated to answer concerns that innovation in housing lags other industries. The insights uncovered through that program, along with other diffusion-of-innovation research I’ve been involved in, serves as the foundation for Home Innovation’s current marketing research practice.
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In taking another look at our recent survey of builders regarding the permanence of 22 business and new home changes adopted during the pandemic, we found that most practices – aside from the strictly virus-spread-mitigating ones – will be retained by more than half of builders who responded to the survey. These include practices such as utilizing a greatly-expanded network of building product suppliers, and putting more emphasis on outdoor living space, healthier indoor air quality, and home layout changes that provide space for remote work and schooling. See where there were differences in what will stay and what will go based on size of builder, as well as local vs. regional vs. national differences.
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This year, the Home Innovation lab team is on a mission to test some everyday gadgets in our salt spray chamber to find out #willitcorrode. Home Innovation's full range of corrosion testing helps building product manufacturers ensure the performance of metals and coatings. Typically, we test products such as nails, screws, anchor bolts, bollards, stair nosing, gutter clips, ladders, cable, baluster, hand railing, support systems for curtain walls, etc. But we have decided to mix it up a little with this experiment to emphasize the practical nature of this type of testing. Check out the results of our first month's experiment with an 18-0 stainless steel fork.
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