The Scottish Parliament approved the Circular Economy (Scotland) Bill (the Bill) on June 26. In order to achieve net zero, sustainable production and consumption are necessary. The Bill promotes reuse, renovation, maintenance, and recycling in order to minimize waste and emissions. A circular economy, according to Zero Waste Scotland, a non-profit supported by the Scottish government, will save costs, improve the environment, and create opportunities for communities, businesses, and skilled workers by:
lowering the need for raw materials; assisting companies in growing by offering maintenance services in addition to product sales; strengthening the resilience of the supply chain; and
supplying skilled employment to greener industries.
The Scottish government was not the originator of the circular economy concept. It has been around for a while and is currently becoming more and more popular throughout the world as a way to help achieve net zero. An economy that uses resources efficiently and prevents them from going to waste can minimize the amount of raw materials extracted from the environment.
The built environment is responsible for 40% of carbon emissions in the UK, so circular economy ideas have found their way into the Better Buildings Partnership's Green Lease Toolkit. The Chancery Lane Project's draft is incorporated into their
The built environment is responsible for 40% of carbon emissions in the UK, so circular economy ideas have found their way into the Better Buildings Partnership's Green Lease Toolkit. The "Sustainable and Circular Economy Principles in Leasing Arrangements for Repairs and Alterations" from the Chancery Lane Project are incorporated into their drafting. Waste and emissions can be reduced by using the concepts of the circular economy in the way that landlords and tenants conduct their business. Parties' obligations could be as follows:
using recyclable or reusable materials and components; using materials or products made through recycling or reprocessing; using materials and components with low embodied carbon; and using materials and components from different sites when possible.
All businesses must consider the direction of travel, even though occupiers may be directly impacted by the powers introduced within the Bill (such as the ability to restrict the disposal of unsold consumer goods or impose a charge for the supply of single-use items like disposable cups). According to the legislation, the Scottish Ministers will adopt a circular economy strategy and may set goals for creating a sustainable economy. These goals could entail a mandated decrease in material consumption and an increase in re-use and recycling.