On Wednesdays, we talk about circular business models. Unlock the secrets to a greener future by checking out the full report by clicking here 👉 https://lnkd.in/gvZX3bCM Today we bring you one of the standout takeaways from the LogiChem Sustainability Through Collaboration Report. ♻️🚀Unleash the value of circular business models Many in the industry are realising the value of circular business models. Beyond waste reduction, which will go some way to reducing overall emissions, implementing a circular business model can cut costs and reduce reliance on raw materials, as well as the associated price volatility. While implementation challenges remain, adopting a circular business model can ensure you stay ahead of the curve at such a critical time for the industry. #SupplyChain #SupplyChainInsights #Insights
WBR Insights - Supply Chain’s Post
More Relevant Posts
-
Dynamic Supply Chain and Logistics Professional with over 10 Years of Diverse Industry Experience | Expertise in Corporate and Humanitarian Sectors | Proven Record in Operational Efficiency and Strategic Innovation CSCF™
🔋 Powering the Future: The Rise of the Circular Economy 🌍 Battery makers are at the forefront of driving a circular economy, ensuring that valuable materials are reused and recycled efficiently. This approach not only reduces waste but also lessens the environmental impact of production processes. By embracing circularity, industries can contribute to a more sustainable future, where resources are continuously repurposed. The Economist article highlights the importance of this shift and its potential to transform the global supply chain. Let's champion innovative solutions that lead to a greener planet! 🌱 #circulareconomy #sustainability #batteryrecycling #greentech #innovation Full read here:
To view or add a comment, sign in
-
The urgent transition towards a circular economy is becoming increasingly clear, especially as we confront the tension between capitalism's profit-driven nature and the need for sustainable practices. The sheer volume of e-waste—62 million metric tons in 2022 alone—showcases the flaws in our current linear economic models, where unchecked consumption and disposal patterns are the norm. A circular economy offers a practical solution by prioritizing sharing, reusing, repairing, and recycling. This approach not only extends the lifecycle of products but also aligns with ESG goals. It's time for businesses to rethink their reverse supply chains, focusing on recovering valuable materials and repurposing goods rather than perpetuating the cycle of waste. Consumerism drives a cycle of waste that our planet can no longer sustain. By shifting focus to quality and durability, we can reduce waste and foster a more sustainable future. 🌍 #CircularEconomy #Sustainability #WasteReduction #EcoFriendly #EnergyIndustry #SustainableGrowth #GreenFuture
To view or add a comment, sign in
-
Across every facet of our business, sustainability isn't just a goal—it's a priority. We're dedicated to minimizing the impact our products and processes have on the environment. From production to packaging, we're constantly innovating and implementing strategies to drive positive change. Our approach is holistic. We're reimagining our processes, striving for efficiency gains to lower energy consumption and reduce waste. We're innovating packaging solutions to be more eco-friendly, exploring recyclable materials and minimizing single-use plastics. But it doesn't stop there. We're leveraging technology and sustainable practices to curtail emissions, conserve resources, and promote circularity throughout our supply chain. Join us in our mission to create a greener, more sustainable future—one where our products not only bring joy but also contribute positively to the planet we all call home. Together, let's make a real difference! 🌿🌎 #Sustainability #ReducingFootprint #BelCares
To view or add a comment, sign in
-
LinkedIn Top Green Voice | The Circular Economist | Helping Companies Make Less 🗑️ More 💵 | Keynote speaker
7 strategies to unlock the circular economy in 2024: (proven steps for less 🗑 and more 💸) 1. Rethink ↳ Rethink how your products are designed and sold ↳ Innovate to limit resource use and inefficiencies 2. Refuse ↳ Phase out harmful substances ↳ Work with what's already there 3. Reduce ↳ Do more with less ↳ Use less resources, energy and generate less waste. 4. Reuse ↳ Use again and again ↳ Use for longer, extend the use of products 5. Repurpose ↳ Transform waste into new opportunities ↳ Find alternatives for materials at the end of their life 6. Recover ↳ Extract value from waste streams ↳ Recover energy and materials from products 7. Recycle ↳ Close the loop ↳ When 1-6 is not possible, recycle everything again It's like cascading. If you just skip to # 7 straight away, you'll lose cash and resources. If you apply these step by step, your resource consumption will go drastically down. That translates to savings and lower environmental impact. What's your favorite one? PS: Tomorrow I will expand on this, and talk about an inspiring company that ticks these boxes. Don't miss it, hit follow at Vojtech Vosecky. #circulareconomy #wastemanagement #sustainability
To view or add a comment, sign in
-
Do you know how to become more circular? Start by challanging your way of thinking to avoid Recycling, which is the last option, when nothing else is possible.
LinkedIn Top Green Voice | The Circular Economist | Helping Companies Make Less 🗑️ More 💵 | Keynote speaker
7 strategies to unlock the circular economy in 2024: (proven steps for less 🗑 and more 💸) 1. Rethink ↳ Rethink how your products are designed and sold ↳ Innovate to limit resource use and inefficiencies 2. Refuse ↳ Phase out harmful substances ↳ Work with what's already there 3. Reduce ↳ Do more with less ↳ Use less resources, energy and generate less waste. 4. Reuse ↳ Use again and again ↳ Use for longer, extend the use of products 5. Repurpose ↳ Transform waste into new opportunities ↳ Find alternatives for materials at the end of their life 6. Recover ↳ Extract value from waste streams ↳ Recover energy and materials from products 7. Recycle ↳ Close the loop ↳ When 1-6 is not possible, recycle everything again It's like cascading. If you just skip to # 7 straight away, you'll lose cash and resources. If you apply these step by step, your resource consumption will go drastically down. That translates to savings and lower environmental impact. What's your favorite one? PS: Tomorrow I will expand on this, and talk about an inspiring company that ticks these boxes. Don't miss it, hit follow at Vojtech Vosecky. #circulareconomy #wastemanagement #sustainability
To view or add a comment, sign in
-
Senior Client Executive at Dassault Systèmes I Transportation & Mobility Thought Leader I Software Sales & Service 🔷 AI 🔷Digital Transformation 🔷 Industry 4.0 🔷 Cloud 🔷 IoT 🔷 ML
The #circulareconomy is a model that aims to #minimizewaste and make the most of #resources by keeping them in use for as long as possible, extracting the #maximumvalue from them, and then recovering and #regenerating products and materials at the end of their life cycle. There are numerous opportunities within the circular economy, including: 1. #ResourceEfficiency: Businesses can find opportunities to reduce waste and optimize their use of resources, leading to cost savings and improved sustainability. 2. #Innovation: Developing new products and services that are designed for reuse, remanufacturing, or recycling can lead to competitive advantages and new revenue streams. 3. #JobCreation: Transitioning to a circular economy can create new job opportunities, particularly in sectors such as recycling, remanufacturing, and repair. 4. #ReducedEnvironmentalImpact: By minimizing resource extraction, reducing energy consumption, and decreasing waste generation, the circular economy can help mitigate environmental damage and combat climate change. 5. #ImprovedResilience: Businesses and economies that embrace circular practices are often more resilient to supply chain disruptions and fluctuations in resource prices. 6. #ConsumerEngagement: Consumers are increasingly concerned about sustainability, and businesses that adopt circular practices can enhance their brand reputation and attract environmentally conscious consumers. Overall, the #circulareconomy offers a promising framework for addressing environmental challenges while also unlocking economic opportunities. #automotive #automotiveindustry #circulareconomy #DassaultSystemes #thoughtleadership
To view or add a comment, sign in
-
Experienced Chemical Engineer with 17+ years in Methanol, HYCO Unit, Refinery Projects, and Oil & Gas Sector. Dedicated to mentoring young engineers.
🌍 Embracing the Circular Economy: Shaping a Sustainable Future 🔄 The circular economy represents a paradigm shift from the traditional linear "take-make-dispose" model to one that prioritizes sustainability and resource efficiency. In simple terms, it's about keeping products and materials in use for as long as possible, extracting the maximum value from them, and then recovering and regenerating products and materials at the end of their life cycle. This approach offers numerous benefits: Resource Efficiency: By designing products with durability and recyclability in mind, we can minimize the extraction of raw materials and reduce waste generation. Waste Reduction: Embracing circularity means finding innovative ways to reuse, refurbish, and recycle materials, thereby reducing the burden on landfills and oceans. Innovation: The circular economy spurs innovation in product design, manufacturing processes, and business models, driving economic growth while minimizing environmental impact. Collaboration: Achieving a circular economy requires collaboration across industries, governments, and communities. By working together, we can overcome barriers and accelerate the transition to a more sustainable future. Join me in embracing the principles of the circular economy and together, let's shape a brighter, more sustainable future for generations to come. #CircularEconomy #Sustainability #Innovation #FutureOfWork 🌍🔄
To view or add a comment, sign in
-
Front Office Executive //Administrative Officer//Hospitality Expert//Receptionist//Networking //Finance
🔄 Join the Circular Economy Conversation! Share Your Insights ♻️ 🌿🌎 What is the Circular Economy? 🌎🌿 The Circular Economy model envisions a world where resources are conserved, waste is minimized, and prosperity is shared. It's all about closing the loop by reusing, recycling, and regenerating, instead of the traditional "take, make, dispose" mindset. ✨ Share Your Insights: 1. What does the Circular Economy mean to you? 2. Have you adopted any circular practices in your personal life or business? If so, please share your experiences. 3. What do you see as the biggest challenges in embracing circularity? 4. How can governments, businesses, and individuals collaborate effectively to promote a circular economy? 5. Can you share any success stories or initiatives that inspire circular thinking? 🌟 We kindly invite you to participate in our brief survey (https://lnkd.in/dxQR9dcy) which will take only a few minutes to complete.Your input will contribute to meaningful conversation across the business landscape. Thank you in advance for taking the time to share your thoughts. Should you have any questions or concerns feel free to reach out to to SBC team on [email protected] / Metternich Nyerere [email protected]/Esther Mutono [email protected] 🌍♻️ #Sustainability #Circularity #ShareYourVoice #CircularEconomy
Circular Economy Survey
docs.google.com
To view or add a comment, sign in
-
Companies face a resource crisis that threatens their core operations. With resource risks and scarcity looming, resulting in challenges and disruptions in the supply chain, there is a need to move away from the traditional take-make-consume-waste model. The data from our #CircularEconomy report indicates that 73% of executives acknowledge the necessity of contributing to the circular economy for long-term financial and competitive goals. We are helping clients transition their business from a linear model that can destroy value to a circular one that preserves it. We create business, consumer, and environmental value by maximizing resource use and reducing waste. Where should you start? There is no single approach to adopting circularity, so entry points could be: 1. Defining a sourcing model 2. Designing circular products 3. Developing innovative product-as-a-service models 4. Extending product life through reverse operations 5. Revalorizing waste for a sustainable future. Circularity can apply to most, if not all, including consumer products, automotive, high-tech, and even aerospace. We are committed to helping companies secure their future through scalable resource and circular economy strategies: Read more here: https://bit.ly/40un11U Get ready to make your business more resilient, #sustainable, and socially responsible.
To view or add a comment, sign in
-
Important to know that there are a lot of preferred strategic possibilities before you decide to Recycle. Try to embed this both in your business decisions as well as in your private lives. Recources are NOT endless, so start to think CIRCULAR!!! Thanks!! 🙏
LinkedIn Top Green Voice | The Circular Economist | Helping Companies Make Less 🗑️ More 💵 | Keynote speaker
7 strategies to unlock the circular economy in 2024: (proven steps for less 🗑 and more 💸) 1. Rethink ↳ Rethink how your products are designed and sold ↳ Innovate to limit resource use and inefficiencies 2. Refuse ↳ Phase out harmful substances ↳ Work with what's already there 3. Reduce ↳ Do more with less ↳ Use less resources, energy and generate less waste. 4. Reuse ↳ Use again and again ↳ Use for longer, extend the use of products 5. Repurpose ↳ Transform waste into new opportunities ↳ Find alternatives for materials at the end of their life 6. Recover ↳ Extract value from waste streams ↳ Recover energy and materials from products 7. Recycle ↳ Close the loop ↳ When 1-6 is not possible, recycle everything again It's like cascading. If you just skip to # 7 straight away, you'll lose cash and resources. If you apply these step by step, your resource consumption will go drastically down. That translates to savings and lower environmental impact. What's your favorite one? PS: Tomorrow I will expand on this, and talk about an inspiring company that ticks these boxes. Don't miss it, hit follow at Vojtech Vosecky. #circulareconomy #wastemanagement #sustainability
To view or add a comment, sign in
828 followers
It will be interesting to see how chemical manufacturers look to develop circular business models in the coming years!