Today many businesses recognize the importance of ecologically sustainable operating practices and either have a sustainability strategy in place or plan to adopt one in the near future. The terms reuse, recycle and remanufacture are likely some of the first words that come to mind when people think “sustainability.” Less familiar is the broader concept of the circular economy: a reimagining of traditional industrial practices that seeks to maximize resources and minimize waste and pollution. In short, the circular economy strives to keep non-renewables cycling through closed product loops at their highest utility, while returning biodegradables safely to the natural environment. Many businesses don’t realize the huge potential adopting such an approach holds for their bottom lines.
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Table Of Contents
- What Is The Circular Economy
- Circular Economy Best Practices
- Call To Action
- The Ellen MacArthur Foundation