The circular economy is an economic model aimed at producing goods and services in a sustainable manner, by limiting the consumption and waste of resources as well as the production of waste.Recycling plays a central role there by reintroducing used materials in the production cycle.
Key concepts of the circular economy
The 7 pillars of the circular economy
- Eco-design of products and services
- Functionality economy (use> possession)
- Industrial and territorial ecology
- The recovery economy (reuse, repair, reuse)
- Recycling
- Sustainable supply
- The extension of the duration of use
The 3 fundamental principles
- Eliminate waste and pollution from design
- Maintain products and materials in use as long as possible
- Regenerate natural resources
Advantages for companies
Economic advantages
- Reduction of production costs (savings in raw materials, energy, logistics)
- New economic models (functionality economy, re -use, repair)
- Access to new markets and creation of added value
Environmental advantages
- Preservation of non-renewable natural resources
- Reduction of greenhouse gas emissions and waste
- Decrease in global environmental impact
Other advantages
- Independence from imported resources
- Improvement of the image and attractiveness of the company
- Creation of non -relocatable local jobs
Inspiring examples
Michelin
The manufacturer recovers the used tires to extract the rubber, carbon black, steel and reintroduce them in its production cycle.
Lego
Since 2018, the famous bricks have been made from biosourced plastic from sugar cane, in a circular economy approach.
Renault
The automotive group has set up a "closed loop" to recover the metal parts at the end of their life and reintroduce them in production.
Interface
The floor coverings specialist recovers used slabs to recycle them 100% in new slabs, without waste.
By adopting the principles of the circular economy, companies are part of a virtuous approach creator of economic value while reducing their environmental impact.Recycling plays an engine role in "completing the loop".
