How business can benefit from the circular economy

Businesses and organisations wanting to know more about the circular economy are invited to a workshop hosted by the University of Portsmouth on Wednesday 14 February.

The circular economy promotes re-use and recycling as much as possible.

The circular economy is one that exchanges the typical cycle of make, use, dispose in favour of as much re-use and recycling as possible. Circular approaches rethink product design, material choice and business models, helping reduce risk, increase productivity, enhance resilience and improve competitiveness.

This practical workshop, entitled ‘Getting started with the Circular Economy – what, why, and how’ will help businesses explore what it is, why it’s good for their organisation and how to get started. It will help start up and established businesses from any market sector to convert ideas into action.

The workshops are mainly intended as a ‘clinic’ for firms to explore the opportunities to add value to their business offered by circular economy approaches. These include:

  • Insulating against resource cost volatility and security of supply through resource efficiency and using recycled or sustainable materials.
  • Creating value by designing durable, repairable and recyclable products.
  • Designing out waste and pollution to recover value, cycle resources and meet the needs of a post-disposable economy.
  • Rethinking business models to capture value from circular approaches and build deeper, long-term customer relationships.
  • Objective setting, for example 100 per cent renewable energy, zero waste, two new circular initiatives each year that benefit business, society and planet.

The free workshop starts at 4.30pm in the University’s Richmond Building.  Places must be booked in advance from: https://www.eventbrite.co.uk/e/workshop-getting-started-with-the-circular-economy-what-why-and-how-tickets-42384762967

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