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About the Report
Our latest Insight report, ‘Closing the circle’ explores the potential for a circular economy to transform the delivery of the global built environment – and how we can build a new market for circular construction within London.
• London could become the global capital of circular construction.
• Investors are losing £billions of viable materials to demolition and landfill.
• Developers need to make greater reuse of material a priority to reduce embodied carbon and reach net zero.
• Investors and developers need to address this issue now in order to reduce the carbon emissions of new build construction.
Adopting a circular economy would add 13.8 million additional tonnes of building materials, worth £1.25 billion, to London’s construction supply chain over the next decade.
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Economic value of material added to the London supply chain
Material added to the
construction supply
chain through
circularity
Total CO2 emissions
if these materials were newly sourced
£1.25 billion
13.8
million
tonnes
11
million
tonnes
CO e
2
James Low
Sustainability Director, Mace
Circularity - Closing the circle
Closing
the circle
Making London the circular construction capital of the world
Read our report to learn more about why:
Within construction, this means that recycling or reusing materials and components is essential. The idea is that the steel, concrete, timber, masonry, façades and fit-out materials that are used within buildings are not sent to landfill after single-use. Instead, they are used over and over again, extracting value from them over a longer period of time.
The circular economy is a system where materials never become waste and nature is regenerated.
What is Circularity?
• The economic value that could be added to construction supply chains through a circular economy.
• The challenges in greater reuse of material, including a gap in circular skills and the linear nature of construction models.
• The opportunity for policy makers to formulate a circular construction marketplace.
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