Implementing a Circular Economy Approach in Facilities Management: Opportunities and Challenges

Facility management is at the heart of operational efficiency, providing support to various industries in maintaining a seamless working environment. With sustainability becoming a primary focus , many organizations are looking to the concept of a circular economy to optimize resource use and minimize waste. But what does a circular economy mean for facility management, and what are its potential benefits and challenges? What is a Circular Economy? In contrast to the traditional linear model (take, make, dispose), the circular economy aims to optimize resource usage and eliminate waste. This involves maximizing the utilization of resources and extracting their full value while ensuring that products are recovered and regenerated at the end of their service life. Potential Benefits of a Circular Economy in Facilities Management Adopting the circular economy in facilities management brings several benefits . Some of the key advantages include: Waste Reduction: ...