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“Mom’s Store Nepal” enables reuse of baby clothes. It’s a business model that supports families, the circular economy, and sustainability awareness.
Circular Economy
What if “waste” could be a resource?
That’s the vision of the “Circular Economy.” It’s a model where resources are recovered and reused and waste is reduced.
This approach creates environmental and economic value. There are opportunities for innovation, with byproducts and other materials that can be used for high value applications.
Sustainability isn’t automatic with the circular economy, notes NBS Director Jury Gualandris. But when circular products and processes are properly configured, they can “avoid waste disposal, reduce extraction of new material, and improve economic efficiency.”
The circular economy can happen at many levels: within a single company, across businesses, and across cities and countries. No matter which level you’re operating at, NBS can help you on the journey, with models, examples, and strategic tips.
Filter Our Resources
The Latest of Circular Economy
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Creating a circular economy requires involvement from businesses, the public sector, and researchers. Canada’s “Our Food Future” provides a model.
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Join NBS’s first Livestream to share thoughts, ask questions, and get practical insights on the circular economy. The LinkedIn Livestream will be Thursday, June 3 at 11:30 AM ET/ 3:30 PM GMT.
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Companies can engage with the circular economy in four different ways. Here’s how to make your choice.
Partner with NBS to grow our resources on this topic.
The Basics of Circular Economy
Business Models for the Circular Economy — and Which Make a Difference
Maya Fischhoff, Abby Litchfield
| November 28, 2023
Companies have choices when they enter the circular economy. Learn which business models make economic and environmental sense.
What is a Circular Economy and How Does it Work?
Heeseung Kim
| March 17, 2021
The circular economy supports sustainability by enabling economic growth without greater resource use.
Innovative Solutions to Food Waste
Heeseung Kim
| May 14, 2021
Food waste is an ethical and an environmental problem. It’s also a business opportunity, ready for innovative solutions.