[CROYDON, 27/09/2022] The Environment Act 2021 of the UK puts contractors accountable for the proper disposal of waste from their construction projects. This means that those involved in the build will need to be more efficient in their waste management and recycling practices.

Aim of Environment Act 2021 of the UK
The Environment Act 2021 of the UK sets out the government's plans for tackling climate change and biodiversity loss. The act establishes a new Office for Environmental Protection (OEP), which will be responsible for setting and enforcing environmental targets. The act also requires the government to set legally binding targets for reducing greenhouse gas emissions and achieving net-zero by 2050.

Effect on the Construction Industry
The recent introduction of the Environment Act of 2021 created a pivot in the UK construction industry. The new act requires all construction companies to adhere to strict environmental guidelines when it comes to the design, construction, and operation of their buildings.

Construction companies should work toward decarbonisation to meet the 68 per cent national emission reduction target by 2030. Similarly, they should meet the 78 per cent target by 2035.

Construction companies should prepare for stringent rules and penalties for machinery emitting high levels of fine particulate matter. Construction companies must now take a proactive stance on climate change and work toward reducing their carbon footprint. To stay compliant with the new act, construction companies should consider the following:

• Reviewing building designs to ensure they are as energy-efficient as possible
• Incorporating renewable energy sources into building designs
• Using low-carbon materials in construction
• Adopting new construction methods that reduce waste and emissions

Failing to comply with the Environment Act 2021 could result in significant fines for construction companies. So, construction companies should take steps now to ensure they are compliant with the new legislation. Being compliant will allows them to save on long-term costs while enhancing their brand reputation.

About Bryden Johnson
Bryden Johnson is a firm of chartered accountants and business advisers aiming to help companies meet their financial goals. Its specialist accountants understand the challenges construction businesses face when it comes to bookkeeping, accounting, and taxation. The firm offers services specifically tailored to construction companies to support them through this time of change.

Visit https://bryden-johnson.co.uk/property-tax-accountants/construction/ for more information.