FIMER South-Africa in their capacity as Solar Inverter Manufacturers has identified the need to address the Transition to Circular Economy. Currently in its Exploration phase, based on the methodologies introduced by CEA, we are drafting regional specific operating guidelines to adopt these changes. Our top value as an organization is respecting the environment instead of solely generating profit. We aim to allow our customers to create energy in greener and smarter ways through our experience as manufacturers and through innovation. The long-term effect of these changes will be beneficial, not only to the Organization, but to the market we serve.
The linear economic model may have served us well, arguably leading to incredible productivity and the modern way of life; since 1990 alone, over one billion people have been lifted out of extreme poverty and child mortality rates have been cut by more than half1. However, its negative externalities and impacts are reaching the tipping point of the planetary boundaries2. The planet can no longer sustain the ‘take-make-waste’ model of production and consumption.