This article describes the essence, concept, and practical implementation of the circular economy. It’s our sincere hope that the understanding and application of the concept can open up new horizons on the environmental and sustainability fronts.
The sectors and companies that are pioneers of the circular economy will also be discussed, providing examples to follow.
The essence and basic concept of the circular economy
The essence of the system and concept can be summarised in the following sentence: „what we use as a product today will become a raw material in the future”. This is an oversimplification, but it reflects the principle of the circular economy.
The aim is to avoid talking about a waste generation or production. We must be talking about a complex and complex system. In other words, it involves the production of products, their use in a variety of forms, and then recycling as raw materials to complete the cycle.
This is precisely where the circular economy differs from the traditional method. This is why it can lead to more sustainable operations.
Pioneering sectors and actors in the circular economy
The textile industry is certainly one area where the title of pioneer of the circular economy is a good fit. It’s a practical implementation within the sector, both in terms of innovative production processes, as part of marketing strategy and, not least, on the consumer preference front.
The Swedish company H&M deserves a special mention. A few years ago, they ran a very successful „Bring it” campaign, whereby customers could return their used clothes, which were then recycled as part of the circular economy.
Of course, there are also pioneers outside the textile industry. One example is Canon, a representative of the photographic industry. Canon’s products are collected after use and then made into a new product under strict quality control.
The potential of the circular economy
The use of an innovative and sustainable system helps to promote sustainability in all areas where waste would otherwise be generated. In practice, this is most relevant in the areas of production, packaging, and consumption.
Implementation requires a coordinated approach and mechanism. Ideally, the production of a product should already be carried out in the spirit of the circular economy. Then, with rational consumption, the possibility of recycling is fully given.
These are some of the principles on which we are modernizing and rationalizing our production processes and taking important steps towards environmentally responsible operations.