Recycling and Upcycling in the Practice of Waste Management of Construction Giants

Abstract

The purpose of this study was to assess the impact of recycling and upcycling technologies on the level of efficiency of large construction companies in the context of waste management practice. The research methodology was based on regression analysis and factorial analysis of variance. Based on the assessment of waste management efficiency in the context of recycling (upcycling), the positive dynamics of the efficiency of its implementation was determined in comparison with traditional waste disposal. The levels of the relationship among net profit, investment in waste management, and recycling efficiency for the companies under study were determined. Regression analysis of the impact of recycling efficiency on the performance of the companies under study in the context of waste management demonstrated a positive effect of an increase in the efficiency of recycling (upcycling) on the net profit of all companies under study. However, at the same time, there was a different effect and degree of influence of this indicator according to the formed scenarios. Despite the high efficiency of recycling (upcycling), the prospective increase in its level does not have a proportional relationship with profit but depends on the development factors of the construction company. Two-way analysis of variance demonstrated a strong influence of the efficiency of recycling (upcycling) and waste disposal on waste management efficiency. It was proven that companies that currently have a high level of recycling (upcycling) efficiency are practically not focused on traditional waste disposal, since recycling has a more significant and positive impact on the effectiveness of their activities.