Material Bank, the online marketplace for architecture, design and building materials owned by Sandow, has joined The Climate Pledge, pledging that its business operations will reach net zero carbon emissions by 2040, a milestone significant 10 years ahead of the target set by the Paris Agreement.
Led by Amazon and Global Optimism, The Climate Pledge is a global commitment goal that businesses and organizations can sign up to in the fight against climate change and the effort to reduce carbon emissions. Since its enactment in 2019, there have been more than 375 signatories, including AECOM, Uber and PepsiCo.
Material Bank supports over 450 design brands on its digital media platform and allows users to have material samples sent to them the next day. The sampling process reduces waste in the construction and design industry by allowing architects, designers and contractors to test and preview a material instead of ordering the product in bulk and then deciding not to. ‘utilize.
Since its inception in 2019, the service, which also recently acquired media platform Architizer, has been committed to sustainable and climate-focused operations. Its compact packaging has eliminated the shipping of over 2.6 million packages and its take-back program, which allows users to return samples, supports a circular economy. Returned materials are reused and reshipped; this initiative saved more than 200,000 pounds of design materials from ending up in landfills. Since 2020, the digital platform has offset more than 2,600 tonnes of greenhouse gases from its sample shipments.
“We are thrilled to be part of this incredibly important initiative that challenges companies to move beyond the status quo and act now,” said Adam I. Sandow, founder and CEO of Material Bank, in a statement. communicated. “The seriousness of climate change is something we cannot ignore, and we hope that our bold commitment to achieving net zero carbon emissions by 2040 will inspire the wider design community to continue to reassess and innovate in matter of environmental impact.”
As a signatory to The Climate Pledge, Material Bank joins other signatories in agreeing to measure and report its greenhouse gas emissions. It also promises to make changes to its business and operations that will contribute to decarbonization; these changes – many of which have already started with the material bank – can include the implementation of renewable energy sources, improving efficiency or reducing materials and waste, the end goal being of course to have net zero annual emissions by 2040.
In addition to The Climate Pledge, Material Bank has also joined the Science Based Targets initiative, where it has committed to reducing its Scope 1 (direct emissions from transport and industrial processes) and its scope 2 (purchased energy such as heat and electricity) emissions by 38 percent. Last year, the company launched the Carbon Impact Program, which offers digital tools and resources to make it easier for architects and designers to specify sustainable materials.