Financial Responsibility Joint Sustainability Initiative

The Joint Sustainability Initiative (JSI) is a multi-association effort of the Concrete Structures Industry supply chain to take unified and integrated action on Sustainable Development

JSI members have signed a joint agreement committing to act on 9 Declarations. Declaration #4 addresses 8 Social Values of Concrete Structures

Declaration #4: “Our integrated thinking will focus on the following Social Values provided by Concrete Structures”: 1. Resource efficiency5. By-product reduction 2. Safety/protection6. Aesthetics 3. Financial responsibility7. Societal connectivity 4. Operational continuity8. 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 Environmental Economic 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: 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, KY General 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

How 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 Metal stud = R 11.49

Operational Impact - Results Envelope Performance Concrete’s mass lowers energy cost up 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 You American Concrete Institute American Shotcrete Association American Society of Concrete Contractors Architectural Precast Association Cast Stone Institute Concrete Foundations Association Concrete Reinforcing Steel Institute Concrete Sawing & Drilling Association 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 Tile Roofing Institute Tilt-Up Concrete Association