Circular Economy and FM

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In previous articles, we have already talked about [What is Circular Economy](/blog/what-is circular-economy/ "What is Circular Economy"),Technology and Circular Economy, Circular Economy and Renewable Energy, and Circular Economy and Property Development. In this blog post we are going to be discussing Circular Economy and Facilities Management by answering the following question: how can Circular Economy benefit the Facilities Management Industry? Keep reading to find out how Circular Economy and Facilities Management can help you to #ONEUPYOURBUSINESS!

HOW CAN CIRCULAR ECONOMY BENEFIT THE FACILITIES MANAGEMENT INDUSTRY?

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Facility managers are significant key players when it comes to influence as they coordinate people, space, infrastructure, and administration. As we explained in previous articles, the Circular Economy aims to generate a greener and sustainable future by changing the way we build and manage our environment along with changing the way we design. For the Facilities Management Industry, Circular Economy offers the following benefits:

• Increases collaboration and profitability: as UK businesses spend £2bn a year on moving people within buildings, the implementation of a Circular Economy will enable the Facilities Management Industry to work with architects in the design stage to improve infrastructure and making sure the building can be adapted and upgraded. The collaboration can reduce costs and increase profitability
• Technology innovation: digital technology can play apart in helping the Circular Economy for example: building information modelling (BIM) can be used for designing, planning, constructing, and managing property and it can help detect things such as performance and maintenance requirements when integrated with sensor technology. Another example includes Blockchain that enables facilities managers to record and measure waste streams in properties
• Monitoring for continuous improvements: introducing smart metres and smart buildings can give easy access to data enabling you to analyse performance and monitor energy consumption. As well, Building Information Modelling (BIM) can monitor building health throughout its lifecycle allowing you to make responsive decisions and continuous improvements
• Reducing energy demand: implementing the use of solar energy through building orientation and increasing the size of windows and heat recovery ventilation systems can help decrease the need for heating and lighting resulting in less energy demand
• Reducing maintenance costs: a defect can increase the cost of repair between 5 and 15 times more when avoided. Therefore, improving forecasting, planning, speed, and quality of maintenance along with collaborating with stakeholders can help reduce costs
• Preserving current assets: Circular Economy is all about reducing waste, reusing, and recycling. Maintaining, fixing and repairing current assets before getting rid of them will help to reduce waste and extend the lifetime. Organisations can purchase and design assets with longevity and future use in mind in order to reduce waste generation
• Reducing emissions: on-site manufacturing can incorporate the use of 3D printing as an example to remove any transport costs resulting in reduced harmful emissions
• Energy reduction programmes: offering energy reduction programmes such as offering decentralised control over heating and lighting can increase productivity as people will be able to manage their own environments. Other examples include: implementing sensors and user interfaces to collect data to monitor energy consumption and providing people with incentives to promote the use of green and public transport

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