Financial Responsibility
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Transcript of Financial Responsibility
Financial Responsibility
The Concrete Joint Sustainability Initiative is a multi-association
effort of the Concrete Industry
supply chain to take unified and integrated action for
Sustainable Development
Concrete JSI members have signed a joint agreement
committing to act on 9 Declarations.
Declaration #4 addresses 8 Social Values of Concrete Structures
http://www.sustainableconcrete.org
Declaration #4:
“Our integrated thinking will focus on the following
Social Values provided by Concrete Structures”:
1. Resource efficiency 5. By-product reduction
2. Safety/protection 6. Aesthetics
3. Financial responsibility 7. Societal connectivity
4. Operational continuity 8. Longevity/durability
This presentation discusses Social Value #3:
Financial Responsibility
Value #3: Financial Responsibility
Concrete structures provide economic advantages both from a total cost of ownership perspective, and from greater local content benefit to communities.
Financial Responsibility -Part of a Larger Goal
Triple Bottom Line
EnvironmentalEconomic
Social
Social Equity
Economic Prosperity
Environmental Stability
Sustainability
Financial Responsibility:What It Means
• Investing locally
• Initial and Long Term Value
• Reducing operational costs
Local Investment
The concrete industry creates local jobs
• In 2005, cement industry employed 16,877 workers.
• Translates to 1+ million direct and indirect jobs.
Source: www.cement.org\econ\industry
Local Investment in Community
Initial and Long Term Value
• Fuel Economy• Heating and
Cooling• Heat Island
Reduction• Disaster resistance
Reduced Operating Costs
Financial Value Today & in Future
Concrete roads cost less
For a 1-mile, 2-lane road:• In 2003, asphalt cost $120k less than concrete.
• In 2009, concrete roads cost $82k less than asphalt.
• Increased cost due to oil prices and refining techniques.Source: PCA Perspectives, July 2009
Annual Savings of $1,750 per truck
$4.6 billion nationally
Project Details
•$365 million
•1.2 million sf
• Integral insulation
• Complete vapor barrier
UK Patient Care Facility, Lexington, KYGeneral Contractor: Turner Construction Company | Architect: Ellerbe Becket, Minneapolis, MN and GBBN Architects | Owner: University of Kentucky
Precast replaces hand-set brick exterior with metal-stud back-up.
Operational Impact
Operational ImpactHow
• Look of hand-laid brick, without the cost
• Concrete mass regulates temperatures
• Walls create air and vapor barrier (less heat loss)
• No condensation in wall
Operational Impact - Results
Concrete walls save energy and reduce costs
3 factors contribute to thermal performance• R-value• Air infiltration• Thermal Mass
Greater R-value, more energy savings• Concrete = R 26.98• Metal stud = R 11.49
Operational Impact - Results
Envelope Performance
Concrete’s mass lowers energy
costup to 23%
Energy-Saving Results
Cold Climate Performance
Concrete buildings saved•21% in Denver•18% in Chicago•3 points in LEED 2009 EA
Energy-Saving Results
Cool Climates• 23% energy savings
in Salem• 5 points in LEED 2009
EA
Mild Climates• 16% energy savings
in Memphis• 3 points in LEED 2009
EA
Affordable Housing for All
For Now and Future Generations
Thank YouAmerican Coal Ash Association American Concrete Institute American Concrete Pipe Association
American Shotcrete Association American Society of Concrete Contractors Architectural Precast Association American Segmental Bridge Institute Cast Stone Institute Concrete Reinforcing Steel Institute Concrete Sawing & Drilling Association Concrete Foundations Association Expanded Shale, Clay and Slate Institute
Interlocking Concrete Pavement Institute International Concrete Repair Institute National Concrete Masonry Association National Precast Concrete Association National Ready Mixed Concrete Association Portland Cement Association Post-Tensioning Institute Precast/Prestressed Concrete Institute RMC Research and Education Foundation Silica Fume Association Slag Cement Association Tile Roofing Institute Tilt-Up Concrete Association Wire Reinforcement Institute