RESOURCE
EFFICIENCY
ISPT use natural resources as efficiently and effectively as possible. In doing so, we are aiming to reduce our dependency on natural resources, maximise resource recovery and minimise materials sent to landfill.
One of the greatest opportunities is to keep materials in use for as long as possible by adopting circular economy principles. This can occur by retaining existing built structures, keeping assets in use by refitting or refurbishing them to meet changing needs, or by enabling the direct reuse of building and construction materials in other development projects following deconstruction.
Several refurbishments and repurpose projects that we’ve recently completed demonstrate the possibilities and substantial benefits of adopting circular economy principles across the full lifecycle of a building.
Our largest repurposing project yet – the transformation of 500 Bourke Street in Melbourne, demonstrated that when circularity and repurposing are prioritised, carbon can be saved, and significant amounts of waste diverted from landfill.
Two recently completed projects – Pathway Place, a commercial precinct in Canberra and the refurbishment of 255 Pitt Street in Sydney demonstrate the significant benefits derived from sustainable asset reuse. These projects show that ISPT is leading the way in impact-driven investment and embedding circular economy principles into the full lifecycle of the building.
