8 ways the circular economy will transform how business is done

Imagine an economy where resources get used but not used up; new business strategies keep products, components and materials in the system – during and after use – and where dangerous, dirty waste is at an absolute minimum.

You’ve just imagined the circular economy.

The circular economy moves the needle from traditional “linear” economies, where products are made, used and then discarded, although now sometimes recycled, reducing some waste. The circular economy goes much further by creating a virtuous circle around use that includes making, repairing, refurbishing, reusing, remanufacturing and recycling.