“The linear “take-make-waste” business model is a recipe for killing the planet. With global circularity at 7.2 %, supply chains create enormous amounts of waste, a vital driver of the triple planetary crisis of climate change, biodiversity loss, and pollution.”
Insights from Daniel Halbheer, Stefan Buehler, and Rachel Chen, suggest circular business models redefine profitability when companies recycle end-of-life products, aligning with the sustainability preferences of consumers. “A circular model can greatly reduce waste,” says the researchers, thus underscoring the urgency of transitioning from linear to circular models to safeguard our planet.
When should businesses transition to circular models? We invite you to dive into the original working paper for this vital topic!
READ THE FULL ARTICLE HERE
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