Can my organization follow circular economy principles ?
Absolutely. Driving a business towards being service oriented over providing a product and shedding responsibility after the final purchase will create circular thinking.
What are some examples of circular economy and related businesses?
Regeneration through industrial processes Circular economy strategies for the technosphere; Share (products) & maintain (products) Shaw Industries sell carpet usage as a flooring service, maintain the carpets, and take back the carpets to be refurbished, repaired and re-used. Phillips lighting sells lighting as a service, instead of selling light bulbs which alternately would have increased […]
What are key circular economy strategies?
There are specific strategies for the biosphere and technosphere, to define ‘how to do it”. For the biosphere, regeneration can happen through industrial or natural processes to add the nutrients back to nature. For the Technosphere, the strategies are: Share (products) Maintain (products) Reuse (products) Repair (products) Refurbish (components ) Remanufacture (components ) Upcycle (materials) Recycle (materials) From an economic […]
Is circular economy an economic strategy, business strategy or an environmental strategy?
As explained in books such as cradle to cradle, performance economy, waste to wealth and doughnut economics, circular economy is an integrative strategy which has economic, business and environmental perspectives. In the business and economics strategy, circular economy identifies how processes and key performance indicators need to adapt and change in order to ensure reduce, […]
What are some good resources to learn about circular economy?
Cradle to Cradle: Remaking the way we make things Compilation of existing reviews & book summary 1. Average rating on Goodreads: 4.11 “Reduce, reuse, recycle,” urge environmentalists; in other words, do more with less in order to minimize damage. But as architect William McDonough and chemist Michael Braungart point out in this provocative, visionary book, […]