The Time for Timber marketing campaign has launched a white paper that goals to assist insurance coverage corporations to perceive the very important position they play in supporting the development trade to attain Internet Zero standing by 2050.
Based with the ambition of difficult misconceptions within the insurance coverage and monetary sectors about structural timber, the Time for Timber marketing campaign seeks to focus on the fabric’s quite a few sustainable advantages and underlines the necessity to enhance its use if we’re to face any likelihood of stopping the environmental disaster that we face in the present day.
Just lately, there was an rising reluctance to again timber tasks by some insurers – but, because the long-term impacts of local weather change change into extra broadly felt, insurers are more and more realising the worth in supporting such low carbon building strategies. Sadly, some uncertainties nonetheless stay – and the white paper is an try to handle this steadiness by offering a reputable supply of factual info and analysis.
Reiterating the environmental, financial, well being and well-being advantages that structural timber has to supply, the white paper additionally expresses an actual need to work with the UK’s insurance coverage sector to additional its understanding, utilizing worldwide examples to display that timber is a broadly recognised and viable structural materials.
Andrew Orriss, Chief Working Officer on the Structural Timber Affiliation, acknowledged: “Whereas we nonetheless really feel that the Authorities’s Internet Zero targets are achievable, we’re quickly operating out of time. We’ve spoken to many insurance coverage corporations and there’s a real curiosity in supporting timber tasks, however the lack of clear and dependable info is hampering this effort. The hope is that this white paper will assist us to interact with insurance coverage corporations, in order that we are able to shut the hole between misinformation and the info earlier than it’s too late.”