The Circular Transformation of Industries is a multi-stakeholder initiative at the World Economic Forum that aims to enable a growing, resilient and sustainable economy through the adoption of circularity at scale.
We advance circularity to drive:
Resilience: Improving supply chain control, flexibility and responsiveness to shocks
New Sources of Revenue: Innovating with business models that generate new economic opportunities
Efficiency: Maximizing value from scarce resources
Sustainability: Reducing environmental footprint and delivering net-zero goals
Why is the Circular Transformation of Industries initiative needed?
Over the past 20+ years, businesses, industries, and governments have experimented with circularity initiatives mainly focused on waste management, missing the much broader systemic opportunity. True circular transformation requires a systems-wide change. Not only from waste management but from operations, manufacturing and business models. Systems change will come from a community that will drive progress at a global, cross-industry level.
With an ever-changing landscape in the global economy, industrial companies are forced to rethink their use of resources and their contribution to economic growth. Circular transformation...
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The global clothing and textile industry was responsible for nearly 100 million tons of waste in 2015 - a figure that could jump by at least 50% by 2030, according to Global Fashion Agend...
Customer satisfaction has always depended on supply chains. Yet now they must do more than simply deliver the product that customers want, when they want it. Today’s supply chains must al...
COVID-19 dealt a final blow to supply chains that only prized reliability and efficiency. The pandemic shattered brittle supply chains around the world and thrust resilience – the ability...
