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CII FR-380
M00000837
New product
CII FR-380 Circularity in Capital Projects: Innovations and Opportunities
standard by Construction Industry Institute, 07/01/2022
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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 modelsA collection of CII members' success storiesThe circularity readiness guide and implementation guideA curated list of tools for implementing CEIn spite of diverse challenges in the path to achieving CE, there is momentum in the industry to make this shift.