The construction industry and the circular economy

Jones, Peter and Comfort, Daphne (2018) The construction industry and the circular economy. International Journal of Management Cases, 20 (1). pp. 4-15. ISSN 17416264

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Abstract

The concept of the circular economy is increasingly seen as a major policy agenda item and a testing challenge for the construction industry within Europe. This short case study outlines the characteristics of the circular economy, provides an exploratory review of how some companies and industry bodies within the construction industry in Europe are publicly addressing the concept of the circular economy and offers some general reflections on the application of the concept within the construction industry. The findings suggest that while some of the major construction companies within Europe are currently looking to integrate circular economy thinking into their strategic planning and a number of them have reported on innovative and experimental initiatives, the widespread and comprehensive translation of such thinking into construction practice is still at an early stage. At the same time the authors suggest that the widespread adoption of the concept of the circular economy within the construction industry will face a number of challenges. More contentiously, there must be concerns that the major construction companies might effectively capture the concept of the circular economy to justify continuing economic growth.

Item Type: Article
Article Type: Article
Uncontrolled Keywords: Circular economy; circular business models; European construction industry; product life cycle.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD2321 Industry
H Social Sciences > HD Industries. Land use. Labor > HD2350.8 Large industry, Factory system, Big business
Divisions: Schools and Research Institutes > School of Business and Technology > Business & Enterprise Management
Research Priority Areas: Applied Business & Technology
Depositing User: Anne Pengelly
Date Deposited: 13 Apr 2018 11:46
Last Modified: 16 Apr 2018 09:01
URI: http://eprints.glos.ac.uk/id/eprint/5562

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