@article{nezcacho2018new,
  title = {New Measures of Circular Economy Thinking In Construction Companies},
  author = {Pedro Núñez-Cacho and Jarosław Górecki and Valentín Molina and Francisco Antonio Corpas-Iglesias},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEURB/2018/909360/},
  journal = {Journal of EU Research in Business},
  volume = 2018,
  pages = 16,
  doi = 10.5171/2018.909360,
  abstract = {Nowadays, an omnipresent problem of resource scarcity and a need for reduction of waste generation make a discussion about eco-friendly production models more serious than ever before. Actions leading to a long-term sustainability of the Earth should not be treated as fashion but as normal practice no matter what branch they concern. A building sector is one of the world’s largest waste generators. Fortunately, the Circular economy (CE) can help to diminish an environmental impact of the construction industry. Remembering the business principle what gets measured gets done, there is a need to create new measures of CE thinking in construction companies. These can be helpful in the assessment of the degree to which CE is implemented in the entities. However, so far there have been no scales of such measurement.The article presents two approaches; deterministic and probabilistic. First approach is responsible for the calculation of total performance of the company in terms of CE on the basis of inputs given by experts. Second method allows calculating the probability of the construction enterprise maturity in terms of CE and thus reliability of the deterministic estimation of this indicator thanks to the Monte Carlo simulations. The scale is based on an analysis of five phases of construction projects: design, production of building materials, construction processes, maintenance and end-of-life. Then, three levels of consideration are proposed in the model: organization, process, and workgroup. Results show that the scale can be useful for measuring the circularity thinking in the construction sector.},
  keywords = {Circular economy, construction industry, measures, indicators.},
  note = Article ID: 909360
}