Creating a virtuous circle

DOWNLOAD THE FULL MAGAZINE DONWLOAD THE ARTICLE        The world is at serious risk from our relentless depletion of finite natural resources, requiring a shift from a linear consumption model where resources are extracted, transformed, used then simply discarded.

Why the circular economy model is the only way for businesses to stay relevant in the long term. Creating a virtuous circle

By 2025, mankind will produce 2.2 billion tons of solid waste every year.

Without a change to the global mindset of ‘take, make, dispose’ and a move to do more with less, our natural resources will fail to cope with the sheer pace of consumption.” (The World Bank)

In this feature, explore how a circular economy, consisting of a closed loop based on ‘7Rs’ (Reduce, Reuse, Renew, Repair, Recycle, Recover, Redesign) and supported by digital technology, can offer a sustainable way forward.

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