The circular economy and its circular business models
The circular economy: a necessity for businesses
In a world where resources are limited and pollution as well as waste are a growing concern, the circular economy appears to be a promising solution for businesses. It involves rethinking the traditional economic model based on the extraction, production, consumption and disposal of waste. The circular economy aims to minimise the consumption of resources by encouraging their reuse, recycling, repair and recovery. For businesses, this means a shift towards a more responsible and sustainable economy.
Training at the centre of this change
To succeed in this transition to a circular economy, companies need specific skills and knowledge. This is the role of circular business model training. This type of training, delivered by circular economy experts, enables businesses to understand the issues and principles of the circular economy, as well as the tools and methods for implementing a circular business model within their organisation.
The Circulab Academy provides customised training to help you integrate the circular economy into your business model and ensure the resilience of your organisation.
Circular design, a real asset for innovation and competitiveness
In a circular economy, design plays a crucial role. It enables companies to design sustainable products and services that take into account their entire life cycle, from conception to end-of-life.
Moreover, by integrating the circular economy principles into their business model, companies can not only respond to major environmental challenges, but also innovate and improve their competitiveness.
Indeed, companies can identify new opportunities for value creation by rethinking their design, production and consumption processes.
Training in circular business models enables companies to develop a strategic vision and find innovative solutions to optimise their business model.
Tools for a successful sustainable transformation
The Circular Canvas is a tool to help companies create a circular business model. It is inspired by the well-known Business Model Canvas, but it incorporates the notion of social, environmental and economic impact.
A great example of the application of circular economy principles is Toopi Organics, a company that converts human urine into organic fertiliser. The company uses a biofiltration process to convert urine into a range of nutrient-rich fertiliser products. This innovative business model not only addresses environmental issues by reducing waste production and water consumption, it also contributes to the creation of economic value by producing a sustainable substitute for traditional chemical fertilisers.
By focusing on using waste as a resource and seeking to have a positive impact on the environment and society, Toopi Organics shows how the circular economy can be implemented in a practical and sustainable way.
Toopi Organics is an example that businesses can learn from to transform underused materials into valuable products, while having a positive impact on the environment and the economy.
Take part in a Circular Canvas workshop
We often organise public workshops where you can discover the Circular Canvas and apply it to a business case. Join us and take your first steps in circular business models.
