Every day new buzz words come into conversation and often it is hard to keep up to date with what they all mean. The idea of a ‘Circular Economy’ has been around for a while now but it is becoming increasingly more important for individuals and businesses to understand what it is all about.
So what is a circular economy?
Essentially, a traditional economic process is linear – we make a product, use it and then dispose of it. Our shift towards sustainable living means we need to work out ways to return the item to the cycle, gaining as much value from the products before, during and after their use. This means regenerating or creating new products from the waste.
Why is this important?
As global warming increases and we become more aware of the importance of sustainable living, this shift towards creating a circular economy is continually growing.
Not only will a circular economy create more opportunities for economic growth, it will also reduce the amount of waste we produce and increase resource productivity. This will have ongoing benefits for the UK’s economy and place us in a better position to face emerging issues in the resources sectors.
It will also mean that the UK is doing its bit to reduce the environmental impacts that we are having on our planet and help stop global warming.
What can you do?
Whether you’re an individual, a small business or a large organisation, you can take steps to move towards a circular economy. By looking at the products you use and produce and how they are disposed of, you can make changes to ensure you limit your waste and increase the amount you recycle.
At MB Recycling, we can help you analyse your production systems and help you create the most efficient and environmentally sustainable processes possible. For more information, contact Maxine on 07734 946418 or via our online form.