The transition to circular business models is a key lever for companies to achieve their climate commitments. The existing linear economic model is resource-intensive with devastating environmental consequences. Changing how goods are produced and consumed will be key to reaching net zero. The circular economy creates a system in which all types of waste are designed out, and sustainable options are made available to consumers.
This report aims to equip board directors with a practical understanding of the circular economy – how circularity can be applied to help organizations decarbonize their supply chains while generating financial value and operational resiliency.
It also highlights complications and suggestions on how businesses can successfully implement the circular economy during their operations.