Our current economic model is based on a linear ‘take-make-waste’ approach, which is costly for businesses and bad for the environment.
By contrast, a circular economy is efficient and environmentally sustainable. In a circular economy, products, components and materials are kept in use for as long as possible.
Supply and production chains operate in ‘closed-loops’ making them less wasteful and more resilient.
New business models based around leasing, re-manufacturing, recycling and upcycling become possible, saving businesses money and reducing environmental impacts.
Irish businesses need to understand and
adapt to the transition from a linear to a circular economy.
MODOS is suitable for most businesses – to find out if it is for you please click below.
Includes 101 Circular Economy, Supply Chain, Operation and Customer engagement
In a circular economy, products, components and materials are kept in use for as long as possible.
Supply and production chains operate in ‘closed-loops’ making them less wasteful and more resilient.
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