What is a Circular Economy?
A circular economy is an alternative to the conventional throw away linear economy - make, use, dispose. A circular economy keeps resources in use for long as possible extracting maximum value and minimizing waste and then to recover and/or regenerate new products and materials at the end of each life cycle. In this way overall raw material extraction is kept to an absolute minimum, materials recycled and reused within the economy. Waste becomes a material resource with an associated value. EU´s 2015 implementation plan for Circular Economy addresses aspects related to: Production design and process, consumption, waste management and from waste to resources. In the context of these aspects the concepts of “re-use”, “resource productivity”, “product repair”, “waste to product”, “renewable energy”, “use of renewable ingredient” and “down-cycling” play a very important role.
The Circular Economy offers the opportunity to re-think and re-design the way we make and use products. As well as explores how through a change in perspective we can re-design and build a restorative economy works.
Example: Circular Economy considerations in the context of mayonnaise
Carbon footprint and environmental profile of all ingredients:
Optimisation of all production steps (sourcing materials, mixing, homogenisation, pumping, packaging, transport) in terms of:
|Full Life Cycle Assessment to profile environmental impacts|