Trump gets trumped: Swedish builder plans to green the US

Trump gets trumped: Swedish builder plans to green the US

Jun 26, 2018
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Image credit: Florida Polytechnic by Skanska
Tuesday, June 26, 2018

Sweden/US – Swedish builder Skanska plans to ignore President Trump’s environmental strategy by trying to shift the US to an economy with lower carbon dioxide emissions. As one of the biggest contractors in the US, Skanska believes there are big opportunities to be gained for green construction in the American market.

The influential Swedish construction company Skanska plans to ignore Donald Trump’s stance on sustainability according to a Bloomberg report. As Lena Hok, Skanska’s senior vice-president, said there are still plenty of other ways to promote a green business agenda in the US despite the US President extricating his country from the Paris climate accord.

“On a federal level, the president has expressed his intention to withdraw from the Paris agreement, but our market analysis is focused on states,” Ms Hok said in an interview with the media outlet. “We see that there’s a strong business case in the US as well for a transition to an economy with lower carbon dioxide emissions.”

According to the vice-president, Skanska’s revenue from green construction has been increasing steadily in recent years, particularly in Sweden and the UK. It is, however, lagging behind in the US. That’s why Hok sees huge potential in achieving sustainability goals due to smart green construction in the US. As buildings account for as much as 40 per cent of the world’s energy consumption and cause about a third of greenhouse gas emissions, green construction can help considerably with a reduction of emissions.

The Swedish builder has also noticed that clients show increased interest in green construction not only because they wish to contribute to a healthy environment, but also to save costs due to sustainable construction methods.

Image credit: Florida Polytechnic by Skanska

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