BE-ST’s 2023 Impact Report has revealed the steps that the innovation centre has taken in the past year and the ‘significant positive impact’ for the construction and built environment sectors.
The annual report found that across 46 projects BE-ST has supported the generation of over £4 million of additional revenues for its industry and public sector partners, while saving an estimated 115,000 tonnes of carbon dioxide equivalent (CO2e) emissions.
BE-ST has also secured nearly £500,000 in investment from industry and £1.3 million from public sector for projects focused on decarbonising the built environment which support positive social and economic outcomes such as the enhancement of 2,350 jobs through the delivery of training initiatives and the creation of 54 jobs.
Since its establishment in 2014, BE-ST projects have generated £1.8 billion in revenues, contributing to the creation and enhancement of over 12,000 jobs, and introducing more than 800 new products, services, and business models to the market. During this period, the innovation centre has also attracted nearly £50 million in investment from industry and the public sector.
BE-ST said that it remains committed to delivering its mission of accelerating a just transition to a zero carbon built environment. The main areas of impact it aims to influence are to cultivate a skilled and diverse workforce, fortify supply chain capacity, safeguard and create green jobs and businesses, and foster green economic growth across built environment sectors.
Over the past year, BE-ST expanded its reach through collaborations with the National Robotarium and Changeworks. The team also hosted the second BE-ST Fest, evolving from a one-day conference to a two-day event made up of the Summit Day, the first International Retrofit Conference, and the Accelerate to Zero Awards.
Stephen Good, CEO at BE-ST, commented, “The 2023 impact report demonstrates our commitment to bringing about positive change for society and the climate through the built environment. These figures represent tangible progress toward sustainability and decarbonisation and that we are set on a path with each of our partners to continue to deliver and multiply on all of these positive outcomes.”
