OAKLAND, Calif., Sept. 20, 2021 /PRNewswire/ -- Mighty Buildings, a construction technology company that is revolutionizing the construction industry by using 3D printing, advanced materials, and robotic automation to create beautiful, sustainable, and high-quality homes, has signed on to The Climate Pledge.
The Climate Pledge is a commitment by companies and organizations to reach net zero carbon by 2040, and to meet the goals of the Paris Agreement 10 years early. Signatories of The Climate Pledge represent a cross-sector community of companies and organizations working together to address the climate crisis and solve the challenges of decarbonizing the global economy.
By signing the pledge, companies commit to measure and report greenhouse gas emissions, implement decarbonization strategies in line with the Paris Agreement, and neutralize remaining emissions. Today, Mighty Buildings proudly joins The Climate Pledge.
"Signing on to The Climate Pledge was a natural decision for Mighty Buildings," said Sam Ruben, Chief Sustainability Officer and co-founder at Mighty Buildings. "With our own commitment of becoming carbon neutral by 2028 — 22 years ahead of the construction industry — joining a broad coalition that includes established companies and new upstarts, like ourselves, demonstrates that we can all take leadership roles in addressing the climate crisis."
Committing to The Climate Pledge is a reflection of Mighty Buildings' broader vision in addressing the interconnected dual crises of housing availability and climate. The construction industry accounts for nearly 40% of global greenhouse gas emissions, with building construction accounting for 11% and building energy use for another 28%, according to a report from the World Building Council for Sustainable Development. If the industry builds all of the homes needed to meet housing demand using traditional methods and materials, doing so will only feed the climate crisis, and make achieving the Paris Agreement targets an impossibility.
Mighty Buildings has laid out an extensive Sustainability Roadmap to help guide their journey to carbon neutrality by 2028. This includes powering their Oakland, CA production facility 100% with renewable energy, decarbonizing their printing material and other building materials, delivering zero net energy homes with solar and energy storage options, installing Energy Star appliances, and more.
With Mighty Buildings' most recent $22M funding round to accelerate its carbon neutrality roadmap and further strategic supply chain partnerships, they are well positioned to deliver on their commitment to The Climate Pledge. They have raised a total of $100M to date.
About Mighty Buildings
Mighty Buildings is a construction technology company dedicated to reimagining the building industry, from the factory to the foundation. By applying state-of-the-art automation and innovative new technologies, Mighty Buildings can 3D print structures twice as fast with 95% less labor hours and ten times less waste than conventional construction. Mighty Buildings works with compliance and regulatory agencies to develop future-forward materials tested to the most rigorous standards with nearly zero-waste production methods. Mighty Buildings projects range from pre-designed ADUs for homeowners to single family residential developments utilizing their unique panelized Mighty Kit System. Mighty Buildings is committed to making beautiful, sustainable, and high-quality homes a reality for more people. For more information, visit www.mightybuildings.com.
If you are interested in reaching out to learn more about Mighty Buildings, please contact [email protected]
About The Climate Pledge
In 2019, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Now more than organizations have signed The Climate Pledge, sending an important signal that there will be rapid growth in demand for products and services that help reduce carbon emissions. For more information, visit www.theclimatepledge.com.
SOURCE Mighty Buildings