Circular Economy Consulting Service
Take the right steps and make the right choices. You can decouple your company’s growth from the consumption of finite resources that exist in your products.
Everybody is talking about Circular Economy and all agree that it’s one of the paths to a sustainable future. Large corporations and governments alike are keen to address the possibilities with the mindset of circular economy.
thinkstep Circular Economy consulting service help you define and drive a circularity strategy into your business, measure your progress along the way, or simply help you get started on the journey.
Drive business value
Increase revenue – Create new markets, drive innovation, and develop new business models
Enhance your brand – Your path to circular tells a story about your commitment
Manage your risk – Mitigate volatility in your market
We help you get started with a workshop to provide the insights needed to change your business. In this workshop, our experts will assess the benefits and risks of your current set-up, analyse the best actions to make, identify relevant partnerships and identify potential barriers preventing a successful implementation. Takeaway: a detailed assessment of actions needed to make the change and the benefits by doing so.
Redesign your product or business model
Prioritise your changes - are you redesigning your product or changing your business model? Or both?
Identify potential use of recycled materials, recyclability of your product. Identify either potential waste stream to be used in your product, your own or create a symbiosis with your neighbours.
Identify potential take-back solutions and assess the potential for selling your product as a service.
Clearly demonstrate improvement
Understand and communicate the outcomes of your efforts via comparative LCA and calculation of Circularity Indicators™. Quantifying key metrics identifies further opportunities or risks, and ensures no burdens have been shifted. Linking the LCA to Circularity Indicators will strengthen your communication and quantify change.
Iteration over time
There are many roads to success, and the implementation is a crucial process. Gain new insights and opportunities thruough an iterative process, thus making any action part of an iteration toward change. We can help companies strategically navigate these iterations based on key learnings.
The Circular Economy is an economic model that aims to decouple economic growth from the consumption of finite resources. It’s core principles are an economy that is restorative by design and aims to keep products, components and materials at their highest utility or value.
Source: Ellen MacArthur Foundation
Circular Economy aims to keep products, components and materials at their highest utility and value, at all times, and to decouple economic growth from consumption.
This is done by distinguishing between technical and biological materials the opportunities to create loops of optimized material flows. It establishes a framework for resilience in the longer term.
At the core is innovation of product design, services and business models.