Introduction Construction is the world’s largest in- What can the construction dustry, consuming around one-third of industry do to help? all raw materials and generating a similar proportion of waste. It also accounts for By adopting business strategies up to 35-40% of all global greenhouse that integrate sustainability factors gas emissions. Looking at the entire alongside economic ones, you can global economy, less than 10% of all not only minimize environmental resources are being reused, and in 2022, impact, but also help ensure the the share of circular inputs – materials long-term success of your com- that are reused, recycled, or regenerated pany. A good place to start is by to minimize waste and environmental embracing circular economy princi- impact – dropped from 9.1% to 7.2%.1 ples. 1/3 % 1/3 35-40 of all raw materials of all global greenhouse of all global waste are used by the gases can be attributed to is produced by the construction industry the construction industry construction industry Circular vs. Linear Economy Finite materials Stock Management The traditional linear economy model involves extracting raw materials, man- Parts Manufacturer ufacturing products, and disposing of Product Manufacturer them at the end of their life cycle, often into land昀椀lls and after very little use. Service Provider Refurbish/ Recycle A circular economy, on the other hand, Share Remanufacture is all about designing out waste and pollution to keep resources in use for as long as possible. This means reducing User Maintain/ Reuse/ our reliance on raw materials, reusing Prolong Redistribute and recycling spent products – and Collection even reimagining waste as a valuable resource. Minimise systematic leakage and negative externalities / 2