Why realizing a circular economy requires a holistic approach: 5 key factors to successful circularity
Transition toward circulareconomy is inevitable: it is both a strategic topic to mitigate risks and an opportunity to expand business
However, there are multiple challenges to deliver results at scale, and having the right components by positioning circularity at the core is key for businesses to drive their circularity transformation successfully across all stages of their value chains (from sourcing to end-of-life).
To do so, companies need to deploy a holistic approach across these five main factors
1️⃣ Embracing the economy of scarcity is essential in defining a company’s strategy
2️⃣ Product design is the cornerstone of the circular economy
3️⃣ The greatest source of value lies between a product’s end of use and recycling
4️⃣ Achieving scalability requires the transformation of the entire ecosystem
5️⃣ Technological innovation is the transformation catalyst
Detailed information is available in this latest blog article
Many thanks again to Alice Blanchard and Stanislas Ancel for your contributions