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Firms must embrace the circular economy for sustainable success Businesses wanting to lead in #innovation and market share need to embrace the #circulareconomy, just as they did the internet in the 1990s. Here's why. Henrik Hvid Jensen DXC Technology https://lnkd.in/e7R8dr4n

Firms must embrace the circular economy for sustainable success Businesses wanting to lead in #innovation and market share need to embrace the #circulareconomy, just as they did the internet in the 1990s. Here's why. https://lnkd.in/er2B5j8v

Different countries have different priorities, but the circular economy can benefit them all! Many middle-income nations are and will likely remain key manufacturing and industrial hubs. This necessitates a shift to make their growth sustainable as well as supportive and safe for workers. Discover our full set of actionable insights. Read the Circularity Gap Report 2024: https://lnkd.in/ebsYzjAX We will discuss and elaborate on the CGR 2024 findings at the World Circular Economy Forum WCEF 2024. Check the programme here and mark your calendars! https://lnkd.in/dhTaHD5E Circle Economy Foundation, creator of the Circularity Gap Report (CGRⓇ), is delighted to continue its collaboration with Deloitte for the second consecutive year. Through this partnership, we aim to drive systemic change by investigating tangible solutions and opportunities for collaboration between the private and public sectors.

🎉The Circularity Gap Report 2024 is available now! 👇 While the circular economy grows in popularity as an alternative economic model, human consumption of natural resources is growing in tandem, causing global rates of circularity to fall year after year. In 2023, our flagship report showed that circular solutions can keep us within the healthy limits of our planet. This year, the Circularity Gap Report 2024 offers actionable recommendations to make this happen. It identifies key enablers for policy, finance and labour to accelerate progress towards the circular economy. Read the full Circularity Gap Report 2024 here: https://lnkd.in/ebsYzjAX Circle Economy Foundation, creators of the Circularity Gap Report (CGRⓇ), is delighted to continue its collaboration with Deloitte for the second consecutive year. This partnership seeks to drive systemic change by investigating tangible solutions and opportunities for collaboration between the private and public sectors. #CGR2024 #circulareconomy #CircularityGap 

Different countries have different priorities, but the circular economy can benefit them all! Wealthy nations enjoy high living standards, but they consume far more than their fair share of materials. These countries must focus on reducing material extraction and use to lighten their environmental burden. Discover our full set of actionable insights. Read the Circularity Gap Report 2024: https://lnkd.in/ebsYzjAX We will discuss and elaborate on the CGR 2024 findings at the World Circular Economy Forum WCEF 2024. Check the programme here and mark your calendars! https://lnkd.in/dhTaHD5E Circle Economy Foundation, creator of the Circularity Gap Report (CGRⓇ), is delighted to continue its collaboration with Deloitte for the second consecutive year. Through this partnership, we aim to drive systemic change by investigating tangible solutions and opportunities for collaboration between the private and public sectors.

To reach Net Zero, we will need to move away from business models that rely on production and consumption patterns incompatible with a Net Zero world.   We need innovative business models that embrace novel ways of designing, producing, and using products and services.   🎙️ In the third episode of ‘Net Zero: What’s innovation got to do with it?’, we explore the exciting possibilities of the circular economy with Andrew M., Chief Executive Officer at the Ellen MacArthur Foundation, and Aleyn Smith-Gillespie, who leads the Carbon Trust’s work on the circular economy and business model innovation.   Listen and subscribe ⬇️ https://lnkd.in/e8vDbghc   #CircularEconomy #BusinessModel #CircularBusinessModel

Topic of the month: #sustainability. Sustainability is at the heart of our strategy, making it an integral part of our day-to-day activities as we continue on our journey to advance a more sustainable society. Explore our latest #results and global initiatives driving sustainable growth, detailed in our recently released 2023 Sustainability Report: https://lnkd.in/eQT2HMeR #WeGoBeyond

Dive into the science of sustainability with Symrise! Did you know that by embracing the 12 Principles of Green Chemistry, we are making products and we are also crafting a greener future? From minimizing environmental impact to maximizing efficiency and safety, every step we take includes a leap towards positive change. Join us in harnessing the power of innovative solutions for a cleaner, greener world! Discover more about Symrise values green chemistry - https://lnkd.in/expTfcvV #symrise #alwaysinspiringmore #greenchemistry #aromamolecules

This morning we launched our Group Sustainability Report 2023. Titled ‘Driving Sustainability Together’, it details the progress we are making, as well as how this is positively impacting our planet and contributing tangible commercial benefits to the Group. We invite you to read our Sustainability Report 2023, which explores just some of these achievements from around the Compass family. Head to our website to download a copy: https://lnkd.in/dr-yiUa #teamCompass #PlanetPromise

Circular Economy's 9R Strategies 🔄 The circular economy signifies a transformative shift in business models, extending beyond the confines of production and consumption to redefine how businesses perceive and utilize resources. It's about adopting a mindset where materials are not merely consumed but are considered as assets to be maintained, restored, and continuously cycled through a regenerative system. This represents a departure from the traditional linear model, encompassing a broader perspective that values resource preservation, innovation, and long-term thinking. Incorporating the '9R' strategies is fundamental to this transition, guiding companies to challenge and reconfigure their operations from the ground up. Each 'R' – from Refuse to Recover – prompts businesses to devise and implement practices that contribute to a sustainable and profitable lifecycle for their products and services. It's not simply about finding greener ways to produce but about transforming every aspect of the business model to prioritize sustainability. The emphasis on a circular economy demands that companies rethink their relationships with customers, suppliers, and the broader community. It's about creating systems that are not only efficient but also inherently designed to support the environment and society. This approach encourages innovation, fostering the development of new markets and opportunities that align with environmental stewardship. A circular business model is agile, designed to adapt to both emerging technologies and shifting consumer demands. By viewing waste as a design flaw, companies are compelled to explore new methodologies that can turn today’s waste into tomorrow’s resource. This shift can lead to more robust business strategies that are less susceptible to the volatility of resource prices and market fluctuations. Embracing the principles of a circular economy is more than an environmental or ethical choice; it's a strategic business decision that can lead to competitive advantage and resilience in a world where sustainability is becoming an imperative. It's about creating value that is not only measured in financial terms but also in the contributions to the health of the planet and the well-being of its inhabitants Source: Visual Capitalist #sustainability #sustainable #circulareconomy #circular #circularity #business #climatechange