The pressing need to transition to a circular economy has never been clearer. Our current way of life is depleting resources at an unsustainable rate, contributing to emissions and climate change. Embracing circularity is not only essential for safeguarding our environment but also for enhancing business resilience.

Through efficient and more circular use of materials in just four key industrial materials (cement, steel, plastics, and aluminum), circular economy strategies can help reduce global GHG emissions by 40 percent by 2050. And if we also include circular approaches within the food system, we could achieve as much as 49 percent reductions in global GHG emissions overall according to studies from the @Ellen Macarthur Foundation.

The World Economic Forum (WEF) has made it abundantly clear that our current way of life depletes 60% more resources than the Earth can sustainably provide. The urgent need to transition to a circular economy, aimed at minimizing waste and maximizing resource utilization, is widely recognized as essential for safeguarding our environment. This shift becomes even more pressing as our finite resources dwindle rapidly, and our current practices contribute to escalating pollution and climate change.