3604 Embedding circularity across the life cycle of assets

Overview:

EI 3604 Embedding circularity across the lifecycle of assets helps companies integrate circular economy principles into every stage of an asset’s life cycle. The report provides practical guidance, tools and examples to support the transition from linear approaches to more circular, resource-efficient ways of designing, building, operating and decommissioning assets.

The report provides a practical framework for incorporating circularity throughout the life cycle of energy and other infrastructure assets. It explains the business case for circularity, outlines key barriers and enablers, and provides actions that organisations can take at different stages of asset development and management. It is supported by real-world case studies and references to relevant standards, policies and tools.

The report includes:

• Section 1: Introduction
• Section 2: How to define circularity and the reasons for embedding it
• Section 3: Barriers and enablers to embedding circularity
• Section 4: How to embed circularity at each life cycle stage of an asset
  • Need
  • Optioneering
  • Design and planning
  • Delivery
  • Operation
  • Decommissioning
• Section 5: Case studies illustrating practical applications of circularity
• Annexes, including policy and regulatory context, key drivers, barriers and enablers to embedding circularity, metrics and KPIs, standards, guidance resources and other supporting information

Why is this important for energy companies?

Energy companies are facing growing challenges related to resource availability, waste generation, supply chain resilience, emissions reduction and evolving stakeholder expectations. By embedding circularity across asset life cycles, companies can:

• Improve resource efficiency and reduce waste
• Maximise the value of materials and assets
• Reduce environmental impacts and support net-zero ambitions
• Strengthen supply chain resilience
• Improve compliance with emerging policy and regulatory requirements
• Support long-term business resilience and sustainability performance

Who is this report for?

The guidance is primarily intended for:

• Asset owners and operators
• Project managers
• Engineers and designers
• Procurement and supply chain professionals
• Contractors and service providers
• Product and material suppliers

It will also be valuable for anyone involved in the planning, delivery, operation or decommissioning of assets who is seeking to incorporate circular economy practices into decision-making.