Canadian Companies Making Less Progress on Sustainability Projects
AI Article Summary
A recent report indicates that many Canadian companies are not advancing as effectively on their sustainability goals compared to previous years. The 2025 Global Sustainable Barometer Study notes a decline from 96% to 67% in firms meeting or exceeding their sustainability goals, though still above the global average. Despite this, 73% of Canadian companies have improved operational costs and efficiency from these initiatives. The survey involved 60 Canadian companies and was commissioned by Microsoft and Kyndryl.
What This Means for Canadian Contractors
For Canadian builders, this means there may be a greater emphasis on integrating sustainability into project planning despite current financial shortfalls. The need to optimize costs and increase efficiency could drive a shift towards more prefab construction methods and enhance supply chain resilience. Builders might also face increased scrutiny on sustainability commitments, impacting permits and funding access.
