ASSESSING SUSTAINABILITY WITHIN THE CONSTRUCTION INDUSTRY BY MEANS OF A COMPOSITE INDICATOR

As a result of the Agenda 21, presented nearly two decades ago, the Millennium Development Goals (MDG) were set and must be met by the year 2015. Nowadays, governments, researchers, engineers, environmental scientists and other stakeholders involved in the industry are working more jointed for improving environmental and socio-economic indicators for sustainability of the Building Industry. The relevance of the residential building sector is evident for its fast growing rate during the last two decades. This paper presents an analysis on the sustainability of the residential building sector in two different countries: Colombia and Spain, by measuring and evaluating a composite indicator (CI). A factor analysis (FA) with principal components extraction was employed to calculate the CI in order to evaluate the evolution of the residential building sector in two core aspects: socio and economic conditions.