Huge amounts of waste are generated each year in the world. In addition, the construction sector is one of the larger producers of residues and a huge energy consumer. Thus, architects, engineers and other actors of the building sector should give solutions in order to reduce that problem. In that sense, the idea of finding solutions for the end of the service life of materials, in order to promote circularity, has been studied by several researchers. In this study, biomass wood ash has been used as aggregate for the generation of new eco-efficient gypsum plasters, for its application in new buildings and rehabilitation works. In order to conduct an exhaustive characterization of the new composites, an experimental campaign of the plasters has been conducted: dry bulk density and thermal conductivity of the plasters have been measured. The results showed that it was possible to add up to 25% of wood ash without modifying the water/gypsum ratios. Moreover, thermal conductivity of the plasters has improved up to18% when the ash was added to the mixture. Finally, the effects of using the new gypsum composites in the thermal envelope of buildings was analyzed by its usage in a rehabilitation case study simulation.