Sustainability
A circular business model for turnover growth and innovation
The construction industry has been taking the circular economy topic seriously for a few years now. A large number of construction firms are working on reducing use of raw materials, reusing or recycling used materials and minimizing construction and demolition waste.
They are also opting for a modified business model that fits in with the circular economy, including elements such as product-as-service, remanufacturing, refurbishing, asset sharing and alternative organic or secondary raw materials. How does your organization intend to contribute to closing the cycle?
Sustainability, cost reduction, turnover growth and innovation
Considerations contributing to the circular economy go beyond sustainability and reduced environmental impact. It is frequently the case that the underlying objectives are to drive down costs, boost turnover and innovate. In the construction sector too it is evident that the linear economy of take-make-waste is finite, and that there is a lot to gain from a vision of sustainability.
We are now seeing plenty of initiatives in which circular economy is playing a role. Consider in this regard the Green Deal Circular Buildings, the aim of which is to develop a building passport that serves as a record of a building’s circular characteristics. Another example is the platforms on which reused or sustainable materials are offered.
Chain cooperation as benefit
Chain cooperation is an important precondition to make the circular economy a success. As early on as a construction project’s development phase it is imperative to reflect on the consequences of such things as maintenance and management. Consultation between chain partners is essential in this regard: from manufacturers of construction materials, architects, engineering firms and clients to construction firms, demolition firms and recyclers.
How PwC can help you
We will be happy to help you brainstorm about making your business more sustainable. We will do so in the following ways (for example).
"We are now seeing plenty of initiatives in which circular economy is playing a role, like platforms on which reused or sustainable materials are offered."
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