Conducted through interviews with key stakeholders during May - July 2021, the purpose of the survey was to establish current views of the value of the Circular Economy and its wider adoption in the Built Environment.
Doug Morwood, Founder of strategy, transformation and innovation platform business, Insight Futures, says: “With the countdown to COP26 Glasgow, the UN Climate Change Conference, having begun it has never been more important to gain a better understanding to help develop a circular economy strategy to support the sector.”
Andrew Jackson, Commercial Director, Shaw Contract EMEA says: “As a supplier and manufacturer of flooring solutions, with a manufacturing base in Scotland, Shaw Contract supported this survey to gain a deeper understanding of how we can work together towards a circular economy, as stakeholders in the development of the built environment and the local economy.”
A key objective was to identify the motivations and barriers for the adoption of circular business models including how to create, deliver and capture value to companies.
It also looked to explore the state of industry readiness in light of impending policy, regulation and taxation change.
Significant findings included:
- 80% of participants said Circular Economy was part of their organisational strategy, but the majority did not have a circular implementation plan;
- 95% saw the need to change in Circular Economy project benefits being quantified;
- Only 25% had an ongoing programme with one or more suppliers using Circular Economy principles; with the majority agreeing their organisation needed to transition or transform around Circular-informed business planning and value propositions.
With the shortage of construction materials in the UK continuing to impact the industry, and likely for the foreseeable future, how we build a more resilient and sustainable approach has been brought into sharp focus.
Meanwhile “Build Back Better” the UK Government’s plan for growth, sets out plans to support growth through significant investment in infrastructure, skills and innovation, and comes with a vision to enable the transition to net zero in Britain. The implications of this survey in Scotland, on how we might build back better throughout the UK, are significant.
The “How might we de-risk the move to a circular economy for the built environment, in Scotland?” survey is available - please email firstname.lastname@example.org for your copy or go to shawcontract.com/circulareconomy to find out more.