Oireachtas Joint and Select Committees
Tuesday, 2 July 2024
Joint Oireachtas Committee on Climate Action
Circular Economy as it relates to Construction Sector: Discussion
11:00 am
Mr. Eamonn Stapleton:
I believe the CIF has always advocated that. We would see that innovation should be rewarded in our membership and investment in research. Probably the missing part the Senator touched on briefly would be the metrics associated with measuring the implications of emissions. That is in the very early stages. The OGP is developing that such that it will be inclusive in procurement. It will be a further column in the pricing element that will address the emissions impact. That is moving in the right direction and it will be encouraged by the CIF. I do not think there is any problem with that.
Regarding the priority of profitability, as a member, there would be no point in me being the most sustainable business around if I am not profitable at the end of the day. There has to be a consideration for profit all the time. That would be accepted by everybody. There is room for a change in public procurement to include a greater metric associated with concern for the climate impact.