[Forbes] How Companies Can Support A Circular Economy
Dr. Walter Schindler2023-02-07T13:19:43-07:00
In our increasingly industrialized and populated world, the current model of production and consumption of goods and materials cannot meet consumer demands sustainably. The global supply chain is dominated by the linear economy, an economic model in which raw materials are processed, used and then discarded as waste. In 2010, the volume of raw materials entering the system amounted to about 65 billion tons. Unfortunately, raw material extraction and discard have only increased over the years. As a result of high input and heavy reliance on fossil fuels, this single-use approach is a leading producer of greenhouse gas emissions.
Investing in the circular economy can play an instrumental role in accelerating the implementation of sustainable solutions. Click to read full article.