Autodesk, Arup Partner to Tackle Built Environment’s Carbon Footprint with AI-Powered Solutions

Autodesk Inc. (NASDAQ:ADSK) is one of the best QQQ stocks to buy according to hedge funds. On June 18, Arup and Autodesk announced a partnership to develop carbon management solutions for the architecture, engineering, construction, and operations/AECO industries. The collaboration is first-of-its-kind for Autodesk under a new collaboration model to enable sustainable outcomes at scale.

The partnership seeks to develop actionable tools and frameworks for decarbonization and address the carbon footprint of the built environment sector, which accounts for ~34% of energy-related carbon emissions worldwide. The urgency of this initiative is underscored by projections that the global building floor area will double by 2060, with three-quarters of the infrastructure existing in 2050 yet to be built.

Autodesk, Arup Partner to Tackle Built Environment's Carbon Footprint with AI-Powered Solutions

A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting.

The collaboration includes the development of Building Information Modeling/BIM guidelines for carbon assessment through the World Business Council for Sustainable Development/WBCSD. The plan explores the standardization of whole life carbon data journeys and integrates BIM automation for Whole Life Carbon Assessment methods. It uses AI for decarbonization R&D.

Autodesk Inc. (NASDAQ:ADSK) provides 3D design, engineering, and entertainment technology solutions worldwide. Arup Group Limited is a professional services firm that provides design, engineering, architecture, planning, and advisory services across every aspect of the built environment.

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Disclosure: None. This article is originally published at Insider Monkey.