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For the finale, let’s dive into the core aspect and concept driving sustainability forward. Term of the Day: Circular Economy What is a "Circular Economy" exactly? 🔄 A circular economy is like a loop where products, materials, and resources are kept in use for as long as possible. Instead of the traditional linear model of take-make-waste, a circular economy aims to minimise waste and maximise the value of resources by designing products for longevity, promoting reuse and recycling, and reducing overall consumption. When to use "Circular Economy" 🤔 While adopting circular practices is crucial for sustainability, it's essential to understand that achieving a circular economy requires systemic changes across industries and society. The term 'circular economy' should be used to describe efforts that redesign systems and processes to eliminate waste and promote resource efficiency. Real-world example 🤯 Consider Circular Industry Co.,Ltd., which is a B Corp textile company operating on the principles of circular economy. By developing products that are designed for durability, repairability, and recyclability, and using recycled fabrics from factory waste, it is contributing to a more sustainable future. Its initiatives not only reduce waste but also create new economic opportunities while protecting the environment. #hootoninsights #Bcorp #BCorpmonth #sustainability #climatechange #EUgreenclaims  #circulareconomy

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