What's Happening?
A joint study by Oxford Saïd Business School, BIP UK, and Vantage Towers has explored how circular economy principles can unlock up to €30 million in annual value for TowerCos operators. The study highlights
the potential of circular design, digital asset intelligence, and supplier collaboration in transforming the telecommunications infrastructure sector. Vantage Towers, a leading tower company in Europe, is at the forefront of this initiative, focusing on decarbonization and long-term business value. The study suggests that circular interventions could deliver significant savings and reduce CO₂ emissions, positioning TowerCos as leaders in compliance with emerging regulations.
Why It's Important?
The findings of the study underscore the strategic advantage of adopting circular economy principles in the telecommunications sector. By implementing circular methods, TowerCos can achieve substantial cost savings and environmental benefits, contributing to the decarbonization of the economy. This approach not only addresses climate risks but also enhances business resilience and competitiveness. As regulatory pressures increase, early adoption of circular practices can mitigate risks and align with sustainability goals. The potential impact on the built environment and infrastructure development is significant, offering a pathway to more sustainable and efficient operations.
What's Next?
TowerCos operators are encouraged to adopt strategic actions identified in the study, such as designing for disassembly and reuse, switching to lower-carbon materials, digitizing asset lifecycles, and activating supply chains. These measures can drive both decarbonization and competitive advantage. The integration of digital traceability and collaboration with suppliers will be critical in shaping circular markets and reducing emissions. As the industry moves towards compliance with regulations like the Digital Product Passport and CSRD, TowerCos have the opportunity to lead in sustainability and innovation. The long-term benefits include reduced material risks and enhanced market positioning.
