FUNDERS’ LETTER OF SUPPORT
As a group of developers, we are pleased to lend our collective support to the Commercial Timber Guidebook (CTG), a resource designed to advance the adoption of mass timber in commercial construction. Our commitment to sustainable building practices has driven us to co-fund this guidebook, recognising its role in shaping the future of construction in the UK.
The need for the CTG arises from the growing imperative to reduce the carbon footprint of the built environment and to unlock commercially sustainable insurance cover for commercial mass timber buildings.
This group of developers has a collective potential multibillion development pipeline value, along with the appetite for the adoption of mass timber construction. This presents an opportunity to achieve significant reductions in embodied carbon, supporting the global push towards net-zero emissions. Although the environmental benefits of mass timber are well-recognised, its adoption in the UK has been limited by a lack of familiarity of the inherent risks and their mitigation. This unfamiliarity has created some challenges in obtaining the required coverage, which has slowed the broader use of mass timber on a wider scale. We support the development of technical reports, including this one, to increase the understanding and familiarity of the risks and benefits of timber construction. We look forward to engaging with the industry on how to put this guidance into practice.
Sincerely,
Built by Nature, BEAM, British Land, Derwent London, Hines, Landsec, Lendlease, MUSE, Related Argent, Stanhope
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