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GS Technologies

Smart Buildings and Carbon Neutrality

Our modern world depends on buildings and increasingly on smart buildings. However, the world’s millions of buildings are among the main contributors to harmful emissions and climate change.

Construction and operation of buildings “account for 36 per cent of global energy use and 39 per cent of energy and process-related carbon dioxide emissions,” according to the United Nations Environment Program (UNEP).

In Europe, buildings consume more energy and emit more carbon dioxide than any other economic sector.

GS Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector. Smart Building is a diverse term that refers to the technological capabilities of buildings and other work place facilities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.