1. The circular economy is regenerative by design and works within planetary boundaries.
2. It eliminates waste altogether through design and closed material loops, increasing product life cycles and utilization through sharing models.
3. Our IDEA2IMPACT methodology helps clients to turn their circularity ideas into businesses that make an impact. The ChallengeThe main challenge for the current linear economy is to find a model that works within the global resource boundaries, provides equitable living and qualitative growth. This is where the current linear economy model of ‚take, make, use, dispose‘ is falling short.
If nothing is done to address the current linear economy model, total demand for constrained resource (like biomass, fossil energy, and many metals) is outweighing demands already in the decade between 2020 and 2030.
Even with an optimistic forecast for technological innovation, such shortages will expose countries and companies to significant risks. The associated environmental and societal damage is already massive.
The idea behind the Circular Economy is to keep resources at their highest possible level of value at all times, eliminating the idea of waste altogether and leave ‘enough for all forever.’ It designs out waste and pollution and creates closed loop material flows.
Waste in this context is broader than physical waste. It also refers to product end-of-life as well as the enormous under-utilization of products and assets in markets.
For example, a discarded product that is not recycled is a waste, but so is ending the working life of a product prematurely or letting it sit idle. A typical car, for example, is used only 5% to 10% of the time and as much as 80% of the things stored in a typical home are used only once a month.
Our ApproachWe help companies to enable or accelerate the transition towards the circular economy through a combination of expertise and ‘hands-on’ implementation approach.
Our IDEA2IMPACT method is a blend of our own proven framework and best practice industry approaches to design/scale circular economy solutions, including (but not limited to):
The BenefitsTaking a circular economy idea or innovation from initial conception to full implementation helps companies to make sustainable impact through,
reduced waste, reduced cost,
reduced pollution, benefits from cross-industry material streams and
Our Value PropositionWe are a global network of experienced professionals that can deliver your circular economy vision from idea to impact.
Please contact us today to learn more.
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