How are dispute and arbitration specialists responding to the need for sustainability?
As the global construction industry looks to reduce its environmental impact, the Campaign for Greener Arbitrations focusses specifically on what the arbitral community can do to reduce its carbon footprint and bring about more sustainable dispute practices.
For specialists in this area, work can involve the risks arising from innovate and new, more sustainable practices, for example, complex modular construction projects can be subject to increased costs or delays. A module that does not work or fit can cause serious delays, especially if multiple versions of the same module are to be used across the site and extensive rework is required.
In order to reduce the carbon footprint of resolution proceedings, the international construction arbitration community has taken a significant step in embracing virtual hearings and normalising more sustainable practices. Whilst a balance will need to be struck, construction arbitration practitioners recognise the need to sustain these positive changes.