MMC & ESG
At Change Real Estate we embrace MMC through every stage of our projects to help eliminate the gap between predicted and actual building delivery performance.
Covering a range of offsite and modular building techniques, MMC describes an approach to constructing buildings more quickly, reliably and sustainably with the potential to be significantly more productive than traditional building methods. Some key benefits of an MMC approach include:
Speed
Improvements in site productivity from better on site methodologies, MMC projects can deliver time savings of between 10 to 50% of construction time. This can result in earlier completion with the consequent revenue benefits.
Safety
Because all MMC methodologies offer improved efficiency and productivity, the activities in an MMC process are more predictable with a consequential reduction in risk. In addition, the more site work that is moved to the factory environment, the more additional safety benefits have an impact: with reduced or eliminated working at height; better separation of personnel and vehicle movements; and the ability to introduce mechanical assistance and provide high-quality plant and equipment to assist with repetitive tasks.
Sustainability
Due to more rigorous and elemental design processes, factory quality control, reduced waste, higher levels of air tightness and fewer transport loads, the use of MMC has a direct impact on the sustainability and carbon content of a project, both in construction and in use.
Quality
It is much easier to control the quality of the finished product when you have more meticulous processes and are carrying out those processes in a controlled, dry, easily accessible enjoinment. Consequently, defects are captured at source, significantly reduced, and the fit and finish is better.
Reduced Disruption
MMC processes not only reduce the time required on-site but as a direct side effect, there is less need for site space for car parking, welfare facilities and materials storage. This directly impacts upon the locality with reduced traffic movements and less disturbance to the residents or users of the vicinity.
Predictability
As a direct consequence of implementing MMC strategies on a project the possibility for unforeseen circumstances to impact upon the project programme or costs are minimised, thus increasing project certainty and the completion of the project within budget.
Wider Societal Advantages. Better building performance and lower defects.
Due to the more robust design process, manufacturing assembly and the better-quality control processes available within all types of MMC procedures the performance of the buildings is more predictable and the level of defects both initially and over long-term use is lower.
Improved Social Value
Whether it be through the fact that jobs in factory environments are safer and more sustainable, or the less peripatetic nature of employment in a factory environment offers employment opportunities to individuals with caring responsibilities or disabilities, there are multiple benefits to be obtained through the shift of work away from the construction site.
Change Real Estate are committed to our corporate responsibility, with Environmental, Social and Governance (ESG) being at the heart of everything we do.
With the built environment being one of the largest energy consumers in Europe, making up 40 per cent of total energy consumption and 36 per cent of CO2 emissions, the relevance of ESG to the real estate sector has never been in question.
Our aim is to operate and manage our business in a way that enables positive outcomes for the environment and for society, whilst generating business growth and long-term financial returns.
We are committed to:
– Complying with legislation, regulations and codes of practice.
– Delivering sustainable projects through embracing Modern Methods of Construction (MMC) and incorporating sustainable technology into our completed buildings.
– Ensuring all employees are fully aware of our Sustainability Policy and are committed to delivering our goal.
– Encouraging our design partners to work towards reducing the impacts of whole-life cost and resource depletion.
– Encouraging our construction delivery partners to adopt sound sustainable management practices.
– Integrating long term sustainability solutions into everything we do.
Our environmental, social and economic impacts are considered by focussing on these four areas and we undertake to:
Investors
– Continue to provide solid returns for our investors; these are underpinned by the values which we have in common, including investment integrity, transparency and responsibility. By working together we are able to regenerate overlooked urban places into exciting developments which transform neighbourhoods and create resilient assets.
Environment
– Encourage the efficient use of resources to reduce waste and maximise value.
– Ensure that we deliver sustainable projects that meet the present and future needs of the occupants.
Community
– Work collaboratively through the planning and development process to involve the local communities to ensure that our projects maximise positive social outcomes and communities are better for knowing us.
– Support local and national charities that mean the most to us and will make a real difference to people’s lives.
Employees
– Create a place where our people can thrive, by maintaining a positive working environment of fair-minded people.
– Provide a healthy, safe, inclusive and creative working environment that respects equality and diversity and that supports people in reaching their ambitions and goals.
