Our current economic model is based on a linear ‘take-make-waste’ approach, which is costly for businesses and bad for the environment. 

By contrast, a circular economy is efficient and environmentally sustainable. In a circular economy, products, components and materials are kept in use for as long as possible.

Supply and production chains operate in ‘closed-loops’ making them less wasteful and more resilient. 

New business models based around leasing, re-manufacturing, recycling and upcycling become possible, saving businesses money and reducing environmental impacts.