Business for the Circular Economy
What is a circular business? It is a business strategy that harmonizes financial and environmental priorities. Although not always synonymous with sustainability, the circular economy aligns incentives for “doing well” (economically) and “doing good” (sustainably) by requiring companies to take a life-cycle perspective of their products and services.¹
A circular company is future-focused, sustainability-minded and able to remain competitive while being conscious of finite planetary resources. In essence, a business takes on “a new vision of the treatment of resources, energy, value creation and entrepreneurship.².
The Business Model Canvas
The Business Model Canvas has been a very popular tool for thousands of businesses and entrepreneurs. Here is an adaptation specifically for the circular economy. Also, refer to the Circular Rs page for additional information.
Workshop for a Circular Business
All businesses will, eventually, transition to the circular economy. Until that point many will ask “What’s in it for my business?” In this workshop, we provide the business case for the circular economy, case studies and the value of the Circular Rs for your business.
We have a selection of workshops to choose from, starting with our ½ day mini-series for busy people or the deep-dive 1 or 2-day workshops.
These Fact Sheets provide insights, trends and ideas on the circular economy in Asia and across the world. They are created for our #CircularOctober campaign. For the complete list, visit the Fact Sheets page; click on the image to download.
Our Knowledge Centre has a wealth of information, covering more than 50 different topics with hundreds of reports, research, articles, infographics, images, movies, and tools.
1 “Making the Circular Economy Business Case to your CFO”, World Business Council for Sustainable Development
2. “Designing the Business Models for a Circular Economy – Towards the Conceptual Framework” by Mateusz Lewandowski, published 18 January 2016.