circular economy

what is it?

As humans, we generally live in a "linear economy," meaning that we create a product, use it, then dispose of it and create a new one ("take-make-waste"). Take a smartphone, for example. Every few years, we put our current phone in a landfill and rush to buy the newest model.

The idea of a circular economy is to "close the loop," and rethink our supply chains to eliminate waste. While there are many ways to think about a circular economy, perhaps the most obvious is to think of it in terms of reducereuserecycle.

The business case for circular economy

The benefits of a circular economy on a more sustainable world are clear, but are there benefits for business as well?According to the World Business Council for Sustainable Development, transitioning to a circular economy represents a $4.5 trillion USD opportunity. In fact, moving to a circular economy, drives growth, enhances competitiveness, and mitigates risk>>Read More

more resources

Waste Management

CONCEPTUALIZING CIRCULAR ECONOMY

Julian Kirchherr, Denise Reike, and Marko Hekkert analyze 114 definitions of circular economy and find that circular economy is most frequently depicted as a combination of reduce, reuse and recycle activities

Image by Kaleidico

BUSINESS MODEL STRATEGIES

The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model?

Image by Science in HD

PRACTICAL IMPLEMENTATION

Towards circular economy implementation: a comprehensive review in context of manufacturing industry

circular economy in action

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Medium

Six circular economy case studies from the USA

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Ellen MacArthur Foundation

A collection of case studies from the Ellen MacArthur Foundation, which works to accelerate the transition to a circular economy

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Ikea

On Black Friday, when every retailer was talking about discounts, Ikea highlighted the durability of its furniture.