Building a better future with an Environmental, Social and Governance approach
There has been a complete shift in Environmental, Social and Governance Responsibilities, from nice-to-have to must-have, as it is now an important consideration in investment decisions.
To solve the safety and productivity challenges faced by the Construction Industry using Artificial Intelligence we can address the Environmental, Social and Governance related challenges to deliver a holistic solution.
The Chartered Institute of Building research revealed that the built environment generates 30% of the total greenhouse gas emissions, and construction uses 32% of the world’s natural resources, with the built environment in the UK contributing to 45% of the country’s greenhouse gas emissions. These factors led to the development of an AI enabled cloud solution to help in improving Environmental, Social and Governance rankings.
viAct has developed a solution using AI with five steps to fulfil their Environmental, Social and Governance credentials, to bring in sustainability into its product, and also its work culture.
Save lives through AI
While founding viAct, the driving motto was to ‘Save Lives’ with the help of an AI based monitoring module that protects the construction workforce from unprecedented dangers through smart alert systems. The AI based solution increases the level of work satisfaction, developing a healthy, sustainable and happy work environment.
SaaS ConTech Ecosystem
As the solution is SaaS based, and works through a cloud platform, the deployment process is very easy to use at construction site, and does not require technical expertise to install. At the same time, the AI is so smart that it does not have camera restrictions and can be installed with any cameras, even regular CCTV cameras.
viAct created the robust solution with a remote-first approach, using staff working remotely to deliver a flexible working approach that brought together the best talents from the world, with a socially responsible approach, that helped in keeping the workforce safe during the COVID19 pandemic.
viAct’s cloud solution digitises construction projects with the power of AI, resulting in transformation of paper-based workflow into completely paper-less workflows. This cut the use of paperwork used to maintain day-to-day records, and for site monitoring for workforce distribution, attendance, machinery, or vehicles operation, with efficiency & tracking locations, through to material prediction management.
The module also connects all the stakeholders in one easy to use platform keeping them instantly informed about misconducts or non-compliances. This help in building a transparency in governance at each level of the organization from labours to decision makers to project owners, helping stakeholders to make effective decisions and to comply with the laws and regulations. This particular module has helped in building a sense of better governance when it comes to construction industry.
These operational factors ultimately helped in fulfilling Environmental, Social and Governance on our behalf.
Opted Sustainable Energy Resources
viAct developed the AI process and made it green and energy friendly, with a lightweight AI algorithm. Solar energy can support the whole monitoring system. This innovation was intended to fulfil the Environmental factors in Environmental, Social and Governance.
AI Modules save the environment
One of the modules was created to address environmental protection with technology that detects illegal dumping and waste classification, combined with site environment management to fulfil government compliance, rules and regulations. This module will also help in managing heavy machinery operations to minimize Co2 emissions, and can check air quality.
From inception, to work culture, to developing each module, viAct has been mindful of their Environmental, Social and Governance responsibilities, and implemented the same principles in every aspect of their operations.
viAct aims to make Environmental, Social and Governance part of every construction company with the help of their experience, approach, and technological expertise.
The ConTech industry can be a catalyst in driving Environmental, Social and Governance responsible behaviour and actions to keep society safe.
viAct are focused on building relationships and improving communications to ensure Environmental, Social and Governance responsible approach with key stakeholders, contractors, construction companies, builders and government authorities.