Three ways circularity is transforming business

24 May 2024 15994 Views

If you knew there was value flowing out of your business every day, wouldn’t you want to do something to capture it? Every time your product ends up in landfill, your business buries valuable resources. Circular economy thinking is helping businesses regain some of that value.

On Earth Day we heard from Lucinda Langton at Marks & Spencer and Donald McCalman – deposit return scheme expert – about the power of the circular economy. Our host, Andy MacGilp, Strategy& Partner, PwC UK, was also joined by Claire Fox, Transport and Logistics Leader, PwC UK.

Circularity has the powerful potential to help organisations deliver their net zero ambitions and commercial outcomes. But transforming from a linear business model (take, make, dispose) to a circular business model (reduce, reuse, recycle) is complex.

We explored circularity through the lens of three simple action-based questions: What must organisations do to comply with new regulations on circularity? Where can they take commercial advantage of the opportunities of circularity? And, most importantly, what actions should they take to get started?

Expect a conversation focused on the practical side of circularity rather than the theory, landing on three tangible actions to help you make progress in your organisation.

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