Every day, we hear news about climate change and other critical global risks. Why aren’t we facing up to these, and taking action? Are we suffering from cognitive dissonance? We explore what that means, why it’s problematic, and how we overcome it. We look at how to bridge the gap between the problem and positive solutions, encouraging circular economy approaches to create better businesses (and a better world!).
Katie Whalen of In the Loop AB has developed two circular economy games, including the well-known In the Loop game for schools and businesses and the new Risk and Race circular business model game. Katie is currently researching business aspects of the circular economy at Lund University. We talk about how to engage people to help them understand the benefits and impacts of circular approaches, and Katie tells us about some of her favourite circular economy businesses.
The circular economy has widespread benefits for society, our planet, AND for business. Whereas most reports tend to focus on macro-economic and sector level benefits, this blog outlines 7 types of circular economy benefits for businesses: Resource security, Regeneration, Risk reduction, Revenue and profit, Relationships, Reputation and Resilience.
In Episode 2, we dig a bit deeper into the way we do business now, the linear economy, and why that’s creating problems for business, society and our living planet. Also, we’ll look at the risks that emerge from those big-picture issues, and how they might affect your organisation. Circular approaches can avoid or mitigate many of these risks, and we’ll be interviewing people in business, social enterprises and other organisations that are using the circular economy to re-think the way we make products and design services. I hope their stories will inspire you to use circular approaches to strengthen your own business.