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vantagefeed.com > Blog > Environment > It’s time to contribute to the circular economy
It’s time to contribute to the circular economy
Environment

It’s time to contribute to the circular economy

Vantage Feed
Last updated: October 14, 2024 6:38 am
Vantage Feed Published October 14, 2024
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A circular economy could boost the hospitality industry by reducing costs and making better use of resources, while reducing greenhouse gas emissions, according to a new report.

The Hospitality Spotlight Report explores how circular economy business models focused on reusing materials and reducing waste can play a key role in making the hospitality industry more efficient and cost effective. I am considering whether it is possible. Less pollution.

For the report, which is part of the NICER (National Interdisciplinary Circular Economy Research) programme, researchers conducted consultations, including two workshops, with 42 stakeholders from across the hospitality industry and its supply chain to The challenges and opportunities of economic introduction and its countermeasures were examined. success.

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The organization advocates a “whole systems approach” to eliminating waste and pollution, focusing on circulating products and materials at the “inflow”, “use” and “outflow” stages. This approach has the potential to reduce emissions and increase resources. Increase productivity and reduce costs.

This document details efforts to reduce demand for materials and resources from the outset, including creative design firm Object.Space.Place’s (OSP) approach to circular renovation. We work with our hospitality clients to incorporate and prioritize circular principles into their circular renovation plans. Use of long-life, energy-efficient, low-impact materials.

This is a new module where mattress manufacturer Silent Night has redesigned its products to use less material (chosen with ease of recycling in mind) and has a new module that allows the top “comfort layer” to be replaced. The design highlights efforts to address low rates of mattress recycling. The carbon footprint of the mattress is reduced by 23%.

Initiatives like Loopcycle (now part of ImpactLoop) work with businesses to identify refurbishment opportunities by using digital platforms to track, manage, and recover physical products throughout their lifecycle. and help companies tackle the amount of work equipment they no longer use. , reuse or resell unused equipment while achieving significant cost savings.

Other initiatives aim to reduce waste by extending the lifespan of materials, such as a new recycling program by the Textile Services Association that aims to preserve the value of high-quality textiles through future use cycles. The aim is to address the 6,000 tons of textile waste generated. by hotel every year.

optimization

The hospitality sector is the UK’s sixth largest industry, contributing £103 billion to the economy annually and supporting 2.74 million jobs.

However, its environmental impact is mainly negative, with 2.8 million tonnes of waste generated annually and a cost of £3.2 billion, with the sector contributing around 1 per cent of the UK’s total greenhouse gas emissions. It is being discharged.

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