The work package for Circular Business Models and Procurement aims to integrate circular thinking into the business models of the Nordic construction companies and their value chains to support the overall goal of minimising the environmental and climate impact in the Nordic construction industry while still maintaining their competitiveness.
Both circular business models and procurement are important drivers in the green transition. The former can be leveraged for competitive advantage, and the latter can enable a new market for circular solutions and circular business models.
Circular Business Models
Circular business models in construction companies are a tool to ensure the green transition of the Nordic construction sector. Therefore, this work package will organise workshops to help Nordic construction companies identify opportunities, digital capabilities and suitable business models as well as cooperation possibilities. The aim is to pilot, transform and scale new and circular business models in the companies.
To further assist this transition within the sector, which has a lot of small and medium sized companies, we also aim to increase the understanding of circularity in industry organisations, clusters, business advisors and others that work with Nordic construction companies and give these actors tools to assist the SMEs.
The workshops will build on the material from the Nordic Circular Economy Playbook, which contains examples and practical tools that companies can use in their transition to the circular economy. To further aid companies towards circular business models, a second playbook, the Nordic Circular Economy Playbook 2.0 – Transform and scale, has been published.
Procurement for circularity
Work package 2 will furthermore focus on how municipalities and cities can practically procure sustainable and circular buildings, because municipalities and cities as public developers play an important role in terms of ensuring that public buildings are more sustainable and circular with the added benefit of more holistic city planning.
- Circular companies: Circular business model training sessions (autumn 2022)
Work package responsible
Nordic Innovation is responsible for the projects under the work package for Circular Business Models and Procurement.
Nordic Innovation is an organisation under the Nordic Council of Ministers and is physically located in Oslo, Norway.
In the programme, Nordic Innovation is represented by senior innovation advisers Marthe Haugland and Rasmus Malmborg.