AXA XL launches ‘Sustainability Circle’ for North American construction

AXA XL’s construction insurance business in North America has announced the launch of the Sustainability Circle, a network comprising 21 leaders in the sustainable construction industry.

The initiative aims to help clients achieve their sustainability goals and improve their construction risk management efforts.

“The challenges facing the construction industry today are enormous,” said Gary Kaplan, head of AXA XL’s North American construction business. “They range from implementing strategies to address energy efficiency in new and existing buildings, adapting to new building types and methods, dealing with unfamiliar materials – and sourcing this is sustainable, and all this in the middle of a serious labor crisis. These are challenges that cannot be solved by the builders individually, they need collaboration. That is why the construction of this Sustainability Circle is important now.”

The Sustainability Circle is an invitation-only network consisting of sustainable construction leaders insured by AXA XL. It serves as a platform for collaborative problem solving, knowledge sharing, and the development of shared strategies to drive growth within the industry, AXA XL said.

“Contractors are looking for ways to develop their own sustainability practices that align with their values, which will help them stay competitive, and ultimately help their clients build a stronger on the future,” said Cheri Hanes, AXA XL’s head of innovation and sustainability in North America. “With the Sustainability Circle, we provide a platform to help them learn, collaborate and drive progress across the industry. We build on the success of our Innovators Circle and other knowledge networks to provide a platform for knowledge sharing to help our clients prepare for the coming tidal wave of green or sustainable jobs. Through this roundtable consortium, we will use projects and knowledge sharing to collaborate and create actionable solutions and best practices that we can share widely so that we can elevate the entire industry.

The Sustainability Circle will organize regular virtual and in-person events. Through collective input from members, the network can identify and address the most significant and pervasive issues in the sustainable construction industry, AXA XL said.

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