Did you know that...
there may only be 10 years left until we exceed the ‘’limit’’ of carbon emissions, and global warming can no longer be limited to 1.5 C
29th July 2021, humanity’s
demand for ecological
resources and services
exceeded earth’s capability of regeneration in the year
if everyone on the planet
consumed like the average European, we would need
3 earths to sustain the global economy
What is the Circular Economy?
The aftereffects of a take-make-dispose attitude present a worrisome future for the planet. We cannot afford to further exploit the finite natural resources to meet infinite needs of the ever-growing population.
All of us, employees & citizens, public & private institutions, companies & households, have the responsibility to contribute.
The Circular Economy allows us to look beyond a disposable mindset. It provides us with the tools to tackle climate change and biodiversity loss, by reducing greenhouse gas emissions, diverting and revalorising waste and relieving the pressure on natural resources.
From an industrial perspective, the Circular Economy is an opportunity to run a business profitably while staying within the planetary boundaries.
Why does it matter for your business?
Incorporating circularity helps industries to be well prepared for the supply shocks due to unavailability and increasing costs of raw materials. It helps a business in positively contributing towards combatting climate change by reducing its resource intensity thereby carbon intensity.
Meanwhile, increasingly stringent legal policies in the EU as well as changing consumer patterns accelerate the push towards a more sustainable world . A circular economy is therefore more than just a move towards increased recycling, it’s a framework that redefines the daily operations of industries towards decarbonation & a climate neutral future.