Circular Economy: Closing the Loop… Rethinking Resource Use and Waste Management in the Value Chain
The Circular Economy is a phrase commonly used to describe a system in which resource use, waste and emission are reduced or minimized in the traditional linear economy, in effect “closing the loop” on responsible production and consumption. Managing products and materials at their end-of-life ensures that maximum value is derived from resources by providing incentives to recover, regenerate and rethink design throughout the value chain of products. Several mechanisms have been created to incentivise circular thinking towards a more efficient and sustainable resource economy. From global initiatives such as the UN Sustainable Development Goals to individual regulatory restrictions and voluntary marketing opportunities, relevant frameworks are emerging world-wide to disrupt traditional views on resource use and waste. This on-demand webinar will discuss the key elements of the Circular Economy and how to implement into your value chain in any industry.