A circular economy promotes sustainable development by designing products,systems and processes that focus on recycling and reuse
Waste less, grow more
We consume a lot. And we waste a lot – not just food and packaging but clothes rarely worn and cars or tools that are used infrequently. Things would be different in a circular economy, which promotes sustainable development by designing products, systems and processes that focus on recycling and reuse. This minimises waste, conserves natural resources and provides efficiency gains.
In this issue of #WhyESGMatters, we discuss why we need a circular economy, the economic impacts and which parts of the economy stand to benefit. Given the seismic shifts in the way we would live under a circular economy, investors should understand how this could affect their portfolios and what opportunities may be available.
Examples of common ESG issues
Pollution and waste