Transitioning to a circular economy involves fundamental changes in business practices. Here’s how we’re making the shift:
- Circular Business Models: Prioritising sustainability through models like Retain Product Ownership (RPO) and Product Life Extension (PLE).
- Design for Recycling: Creating products with recyclable materials and easy disassembly.
- Industrial Symbiosis: Collaborating with other businesses to share resources and reduce waste.
- Holistic Approach: Taking a system-wide view and establishing trusting partnerships.
- Leveraging Technology: Researching technologies like IoT, AI, and blockchain to drive circularity.
- Pilot Initiatives: Starting small-scale circular initiatives and scaling up gradually.
Our transition strategy makes circular economy principles a core driver of our business transformation.
Diagram of a circular economy
