circular economy examples

Products include concentrated detergent and its Ocean Plastic Bottle project, using discarded plastic from the sea to make its packaging. Fortunale is entirely eco-friendly, and it is inspired by modern principles of circular economy: a Fortunale sweater is designed, from its origin, to be recycled at the end of its natural use until 80%, because it is made of pure wool, and this precious characteristic allows us … It is based on the “Reduce, Reuse and Recycle” model, as opposed to “Make, Use, Dispose” . The firm embraces circular economy principles by using infinitely recyclable materials, using renewable energy and cradle-to-cradle certification. Design . That is why for this week, I have looked for inspiring circular economy examples and I … One of the early pace setters is Holland, where the government has set a target of shifting to a circular system by 2050. Dell. A 2016 Deloitte publication asserts that circular economies help cut down on Green House gas emissions by reducing energy expenditure. In France, Pôle Eco-Conception uses it - for example, to raise awareness and teach businesses and people working in economic development fields about the circular economy. In this article: Central Saint Martins, Ellen MacArthur Foundation, plastics, Studio INTO. It seeks to eliminate waste from the current linear production system, also known as “take-make-waste” - where raw materials are extracted from the ground, and not long after getting thrown in the trash. Strategies and examples; Strategies and examples. In early 2018, this non-profit organization, which works to disseminate eco-innovation practices in business, also launched a crowd-funding campaign to finance the development of the French version of the game. For example, when a tree is harvested, four new ones are planted. 2017) and aiming at providing the South Baltic Region concrete solutions to move from the linear to the circular economy. in . Products and raw materials are also reused as much as possible. Discover our other sites. Case studies showing the implementation of a circular economy model and circular economy thinking. Up Next: Building a robust circular economy. The Circular Economy programme will help to create a safe and healthy human environment. This will reduce waste, increase resource productivity and help reduce environmental impacts. As an example, the circular economy would be a proponent for a business model using a robot that could repair mobile phones slightly cheaper than the current business model 7 the . Our project with CSM is exciting because a new generation of creative minds has applied circular economy thinking to help create a plastics system that works: a circular economy for plastics.” Newsletter Signup. In a circular economy, manufacturers design products to be reusable. The Top 5 Examples of Circular Economy in the UK Right Now; 02 July 2018. 5. Everyone has a role to play in moving towards a circular economy. Product as a service . Everywhere we look, there are companies talking the talk when it comes to sustainable business- but who is “walking the walk”? Photo by Dominik Vanyi on Unsplash. Example 1: Sustainable sourcing . Everything starts with sustainable forest management and securing the future growth of this renewable resource. circular economy concept, the different available definitions as well as the issues that have received criticism. That is to say, the circular economy is not one single vertically-integrated business. Depending on your role or function within your company, there are various circular practices that you can implement. Examples of our work We have supported our clients on projects involving aspects of the circular economy, including the following: Developing sustainable materials for consumer goods. By improving the productivity of materials and products (as shown in the graph below), not only the extraction of virgin resources but also the generation of waste can be reduced. Examples of the sharing economy abound, including transportation (Lyft, RelayRides, BlaBlaCar), lodging , and neighbors helping neighbors (TaskRabbit, NeighborGoods). EU Circular Economy Action Plan A new Circular Economy Action Plan for a Cleaner and More Competitive Europe . These projects are either initiated or supported by municipalities, and provide best practice examples in integrating circular economy in a city, covering a variety of topics. In a circular economy, the aim is to avoid waste, reuse products and recover resources. Circular economy is about closing the loop in business, for instance, using resources in a way that they are kept in circulation. Circular Economy: definition and examples – The model of economic growth that has characterized the last 150 years of history is defined as “linear economics”, an industrial, market economy, based on the extraction of innovative raw materials, on mass consumption and on the production of waste at the end of the useful life of the product.An economy for the masses, through and through. where . The report also provides recommendations for municipalities to bring circular economy into their cities. It is also an economy that is growing in investment capacity, in innovation, that embraces the digital economy en masse and that has serious environmental problems that it has to deal with. Interregional cooperation between European regions boosts regional development and changes. The best of the bunch, a circular economy is a system that creates products that are regenerative by design. Circular Economy: definition & examples. Innovative companies in Scotland are implementing sustainable circular economy principles within their businesses - explore examples at Zero Waste Scotland. The European Commission has adopted a new Circular Economy Action Plan - one of the main blocks of the European Green Deal, Europe’s new agenda for sustainable growth. is . 11 min read “Seek truth from facts” - Book of Han. The key objective is to propose a very specific joint plan of action for industry leaders. What is circular economy? “A circular economy is not only good for our climate, it also produces income and creates jobs,” the country’s Economic Affairs […] internalised by moving to the circular economy. Many examples on how the tourism industry can adopt the circular economy concepts can be found in a handbook published by the Centre for Regional and Tourism Research, Denmark (Manniche et al. The circular economy concept is a response to the aspiration for sustainable growth in the context of the growing pressure of production and consumption on the world’s resources and environment. Our main raw material is wood from Northern forests. The following six functions each have specific practices and examples listed. Need Inspiring Examples of Circular Economy? circular economy social circular economy circular economy and social enterprise economy Circular Economy and . In this report, the World Economic Forum and the Foundation, with analytics provided by McKinsey & Company, acting as project adviser, joined forces to reconcile the concept of scaling a circular economy within the reality of a global economy and complex multi-tier supply chains. An action-oriented set of methods, mindsets and thought starters to help innovators design circular solutions that are fit for the future. As in, very little goes to landfill. Here are 5! You’ll see… there is a lot more to it than just recycling. A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. It is not only the world’s factory that brings cheap products to the market. The circular economy pursues a harmonious intergrowth and sustainable development of both the economic and the social system without harming the natural ecosystem. The circular economy is a new way of doing business that extracts as much value as possible from resources by recycling, repairing, reusing, repurposing, or refurbishing products and materials—eliminating waste and greenhouse gas emissions at the design stage. To me, circular economy always sounds like an amazing concept, but I have a hard time coming up with ideas of how to contribute. In the circular economy, products are designed for high performance and durability (rather than inbuilt obsolescence) and the use of raw materials is optimised – including the intelligent re-use of any waste products created during the manufacturing process. Amer Sports brand companies are further exploring the opportunities of circular economy and they already have some examples in practice. Practices circular economy examples examples listed such a way that they are easier to repair our raw! Methods, mindsets and thought starters to help innovators design circular solutions that fit! Plastic Bottle project, using discarded Plastic from the sea to make its packaging on reusable and sustainable.. Offers an avenue to sustainable growth, good health and decent jobs, while saving the.. 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