Value optimisation is the guiding principle for circular businesses. According to this principle, companies must keep all products, components and materials at their highest value and utility at all times. Value added is in cost-saving, in lower environmental impact,...
Circular businesses
With the adoption by the EC of the Circular Economy Action Plan the circular economy has gained enormous traction in EU discourse but also in national, regional and local policymaking. Businesses are also increasingly considering ’going circular’.
Reducing exposure to ‘linear risks’
Another approach for businesses to the transition towards a circular economy is the reduction of their exposure to “linear risks”, i.e. the exposure to the effects of linear business practices, a concept introduced by Circle Economy, PGGM, KPMG, EBRD, WBCSD,...
Rationale for the circular transition of businesses
As stated in the EIB Circular Economy Guide – Supporting the circular transition, “the shift to a circular economy requires companies to rethink not only their use of resources but also to redesign and adopt new business models based on...
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