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Nearly half of firms are prepared to pay extra for low carbon sustainable steel and concrete, research finds
Research from Ramboll and Climate Group says most firms are more willing to foot the bill for sustainable products than they were a year ago
Almost half of firms are prepared to pay a premium for lower emission steel and concrete, according to a new report released today by Climate Group and Ramboll at Climate Week NYC has revealed.
The research, The Steel and Concrete Transformation: 2024 market outlook on lower emission steel and concrete, indicates growing momentum, with 45% of respondents saying they would be willing to pay a premium for emissions reductions of 25% or higher for steel, while 57% would be willing to do so for reductions exceeding 50%.
For concrete, these numbers were 40% and 49% respectively.
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