Circular production model (GRI)

Explanation of the material topic and its Boundary (GRI 103-1)

Natural resources are limited, and global overconsumption is evident. Forecasts show that the cost of raw materials – especially where supplies are limited – will increase over time, as will costs of emissions and waste management. By continually striving for increased resource efficiency, Bonava contributes to UN SDG 12 Responsible consumption and production, in particular the following target:

• 12.2 By 2030, achieve the sustainable management and efficient use of natural resources.

Management Approach (GRI 103-2)

A circular production model requires optimised material streams, and Bonava seeks to minimise the use of newly produced commodities in our production as much as possible, with the ultimate aim of achieving a closed-loop system. The use of materials constitutes a significant portion of Bonava’s indirect climate impact, and from a resource perspective optimising material use is thus also important for reaching climate targets. Bonava’s ongoing digitalisation is the key to its future success, including achieving a circular production model by providing a platform for improved control and opportunities to optimise the use of materials and resources.

By producing digital twins, Bonava is able to determine use of materials – also where not all material is purchased directly by Bonava.

Bonava reports yearly on the GRI indicator 301-1 Materials used.