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About This Item

 

Full Description

RT-380's research sought to achieve the following objectives:

  • Understand the opportunities and values of implementing CE principles in the capital projects industry.
  • Highlight the changes in business models required to maximize the value of shifting to a CE paradigm.
  • Develop tools that motivate CII members to consider shifting from a linear to a circular economy.

To achieve these objectives, RT-380 conducted its research in several steps:

  • It reviewed existing literature to understand the concept of CE, identify available circular business models, and evaluate these models' applicability to the construction industry.
  • The team studied the adoption of circular business models by 81 construction-related companies.
  • It conducted semi-structured interviews to gain a deeper understanding of the circular strategies that apply to the construction industry.
  • RT-380's industry members shared their experiences, interactions, and attempts to implement CE. The team documented these learnings as CII success stories.
  • Finally, the team used its collected data and analyzed results to develop a circularity readiness guide and an implementation guide.

This research makes the following main contributions:

  • A knowledge framework for assessing potential circular business models
  • A collection of CII members' success stories
  • The circularity readiness guide and implementation guide
  • A curated list of tools for implementing CE

In spite of diverse challenges in the path to achieving CE, there is momentum in the industry to make this shift.