Skip to main content

Circular Economy

Resource scarcity, the climate and biodiversity crises, changing consumer attitudes, and cost are driving a change away from traditional business models. This has led to increasing industry commitment, investment, and action to move away from linear “take-make-dispose” approaches, towards “closed-loop” and circular systems

Read more

Current Trajectory

Business models that better capture the value of resources, and design out vast and unnecessary waste are entering the mainstream and those companies which fail to invest in circular economics could lose competitive advantages to those capitalising on circular resource loops and new consumer use models.

Furthermore, COVID-19 has revealed the urgent need for increased resilience of local supply chains and business models. Instead of material throughput efficiency, the need for circular business models, adaptability, and local business relationships has become clear for communities, businesses, and governments


According to the World Economic Forum, the pandemic has put such severe constraints on the current economic model, that they expect to see a new operating model emerging for our economies – which is in line with the fundamentals of a circular economy.

Source: Ellen MacArthur Foundation

Supporting evidence 

Join discussion

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.