By Peter Lacy, Jakob Rutqvist
Waste to Wealth proves that 'green' and 'growth' don't need to be binary possible choices. The ebook examines 5 new company versions that supply round development from deploying sustainable assets to the sharing economic climate prior to starting up what company leaders have to do to enforce the versions effectively.
Read Online or Download Waste to Wealth: The Circular Economy Advantage PDF
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Extra info for Waste to Wealth: The Circular Economy Advantage
Industrial Equipment Remanufacturing end-of-life machinery; sharing schemes for excess capacity; product service systems/asset lifecycle management; connected equipment for monitoring efficiency and predictive maintenance. Moving toward a circular economy can be daunting. But the payoffs – to growth, customer satisfaction, not to mention the planet – are worth it. By adopting circular economy principles, more companies are gaining real competitive advantage. New business models are being scaled that make it possible for companies to make the transition and become major drivers of the circular economy.
To understand what’s happening and plan for change, consider three crises that make the linear growth model incompatible with our economic development aspirations. First Is the Finite Nature and Increasing Scarcity of Nonrenewable Resources Between 1980 and 2000, demand for nonrenewable resources like fossil fuel, metals, and minerals grew by 50 percent. The strongest growth, 75 percent, was for construction minerals, as emerging economies spurred investments in infrastructure and buildings. For the next 14 years, from 2000 to 2014, nonrenewable resource demand grew another 80 percent.
6 trillion (these are the markets with the strongest growth potential, starting from a relatively modest size today). 3 trillion. But estimates are one thing. Could the circular economy actually realize this value? To find out, we analyzed how seven major industries can operate in a circular economy and estimated the resource productivity improvements that 31 Gaining the Circular Advantage would follow. Through this analysis, we concluded that by applying various combinations of circular principles, resource productivity for each industry can increase by many multiples and can surpass what’s required to relieve the global economy of threatened resource supplies.