600 billion reasons to think circular – Why linear costs so much

A new report from RISE estimates that Sweden loses around SEK 600 billion every year due to a linear economy. The findings are highly relevant across Europe. For property owners, modernising elevators is a concrete way to embrace circularity and cut lifecycle costs.

RISE highlights how the “take–make–dispose” model leads to significant economic losses. The same mechanisms likely apply in other European markets: equipment is replaced unnecessarily, material value disappears, and environmental impact grows.

Source: RISE – Sweden loses SEK 600 billion annually due to a linear economy

At Hydroware, we’ve long championed a circular approach: modernise existing elevators instead of replacing them entirely. Modernisation extends the life of components that aren’t worn parts, reduces waste, shortens downtime, and lowers total cost of ownership. Our experience and data show that modernisation can halve environmental impact compared to full replacement, while improving operational economics.

600 billion reasons to think circular. Let elevator modernisation be your first.