Circular Business Models: Doing more, with less, for longer

Circular Business Models: Doing more, with less, for longer




Circular business models (CBMs) can help slow, narrow, and even close resource loops as we transition from value chain thinking to a value cycle mindset. When set up properly, CBMs: -Help to lower costs -Reduce emissions -Reduce resource consumption -Increase value -Build deeper relationships between providers and users -Create new value-accreting partnerships with suppliers and stakeholders CBMs take us from the realm of “feel-good solutions”––where profitability is sacrificed in the name of sustainability––to business model optimization, where profit, purpose, people and planet co-exist harmoniously. Besides superior performance, CBMs help: -Create new jobs -Promote innovation in industry and services -Embed clean energy further into the economy -Dematerialize many parts of the economy -Make cities and communities more sustainable -Promote responsible consumption and production Overall, this course offers a look into three types of circular business models, highlighting their features, benefits and the impact they have on the circular economy, our lives, and our future.