What is Circular Economy?
An economic model that designs out waste through reuse, repair, remanufacturing, and recycling. Circular economy principles help manufacturers reduce both material use and carbon emissions.
Why it matters
Moving from linear to circular models can significantly reduce the embodied carbon in products. It also creates new revenue streams from repair, refurbishment, and material recovery while reducing dependence on virgin raw materials.
Example
An electronics company launches a refurbishment programme for returned devices. Each refurbished unit avoids 85% of the manufacturing emissions compared to producing a new device, preventing 2,000 tCO₂e annually across the product range.
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