The circular economy, a compelling concept offering actionable alternatives to traditional recycling methods, emerges as businesses seek sustainable solutions for long-term growth. It holds promising potential to reshape industries and foster resilience in the face of environmental challenges.
In a changing world of production, embracing the circular economy holds the promise of a profitable and sustainable future. As it stands, 91 percent of our economy is built on a linear basis, meaning products are made from new resources. When we switch our focus to a circular economy, the essence lies in preserving the value of resources, materials, and products, a concept manifested through the 4 Rs – reusing, repairing, refurbishing, and recycling.
Check out the study on circular economy in industrial manufacturing published by Hannah M. Zuehlke, Christian Böhler, Simon Lobinger, Akio Ito and Markus Baum (Roland Berger) for free!