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Disruptors for GOOD | Social Entrepreneurs and Social Enterprises
Trailer
Bonus
Episode 213
Season 1
Ash Bhardwaj // President and CEO of Onx Homes: Disrupting the Homebuilding Industry in a Sustainable Way
In episode 213 of the Disruptors for Good podcast, I speak with Ash Bhardwaj, President and CEO, of Onx Homes, on disrupting the homebuilding industry in a sustainable way.
Key Takeaways from Interview
Key Takeaways from Interview
- The homebuilding industry is in dire need of disruption due to issues such as lack of durability, outdated construction methods, and inefficient supply chains.
- ONX Homes uses automation and innovative technology to build homes in less than 30 days, addressing these challenges effectively.
- Resilience and sustainability are central to Onx Homes' mission, with features such as hurricane impact windows and concrete construction.
- Government collaboration is crucial to overcoming hurdles in the approval process for new developments.
- Onx Homes offers significant cost savings to consumers through reduced waste, efficient labor, and global sourcing of materials.
- The company provides upgrades and energy-efficient features to reduce maintenance costs and utility bills for homeowners.
- Acquiring land and obtaining permits remain challenges, but Bhardwaj believes that government support and technological advancements can help overcome these obstacles.
- The company is investing in sustainable materials and technologies to minimize its carbon footprint and enhance the overall efficiency of its homes.
- The company is optimistic about the future of the homebuilding industry, driven by technology and increasing consumer demand for sustainable housing.
In the heart of the American dream, there’s a huge shortage of about 3.2 million homes, up from 2.5 million in 2018. This gap leaves families struggling to find affordable housing amidst high prices and interest rates.
The solution seems simple: build more homes. However, traditional construction methods have their own problems, scattered supply chains, out-dated materials, long build times, and lack of environmental innovation.
A 2023 report from RMI showed that new home construction in America produces over 50 million tons of carbon emissions each year—similar to the annual emissions of Norway.
This issue isn't just about economics; it's also about the environment.
Traditional construction harms the planet, using up resources, increasing carbon emissions, and creating waste.
We need innovative solutions that provide shelter while protecting the environment.
The company believes it has the answer to these challenges.
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