Circular business: what companies need to make the switch

Page 24

Construction products

Purchased goods and services generate two thirds of one construction company’s emissions Scope 3 Purchased goods and services Other upstream Scope 1 and 2

Note: This does not include downstream scope 3 emissions

Remanufactured flooring has

75%

less emissions than new flooring

Carbon emissions arising from materials and products used in construction can dominate a company’s emissions footprint. While a big chunk of this is in high volume, high impact building materials, such as concrete and steel, companies told us that the use of circular products, like reused floor tiles, ceilings or doors, can also reduce emissions significantly. Of the sectors we spoke to, construction had the strongest awareness of the need to decarbonise and the potential for circular business models to help deliver that. To a large extent, this was driven by external reporting requirements on lifecycle emissions and circularity, such as France’s emissions caps on new build and the requirement for certain planning applications in London to be accompanied by statements on lifecycle emissions and circular economy measures, including reuse. In London’s policy microclimate, the market for circular products is developing so fast that suppliers of innovative circular products are struggling to meet demand.

22


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.