People. Planet. Prosperity.
The three Ps reflect the pillars of Circular Economy Month, whose goal is to demystify all the benefits of a circular economy and highlight the plethora of different business designs that are more than just recycling. The Champion Panel Webinar held on October 24th accomplished just that. Featuring panelists Rachel Morier from The Beer Store, Michael Leering from CSA Group, and Catherine Leighton from TELUS, here are just a few highlights from the discussion:
🧾 Recipes for success, from start-up to nation-wide. Standards have economic benefits of scalability and continual improvement. They take regional examples of circular success and scale them nationally. Committees of experts form these standards, and by doing so, many can learn from past experiences and successes.
📱 An affordable solution for the people, a seamless business case for business. Going in to buy a new device? Consider purchasing a Certified Pre-Owned product (CPO). They work like new, cost 15% less - saving you money! - and have been carefully checked. Did we mention the warranty is still in place? The business providing the refurbishment and verification spends only a third of the cost to repair as compared to the price of a new device.
🍻 Recirculating packaging is very rare in today's marketplace -- but it shouldn't be. The familiar industry-standard brown beer bottles in Ontario are owned by 30 competing brewers. This system, which has been in place for nearly a century and predates regulation, makes business sense due to the proximity of the actors involved (drop off locations aka The Beer Store, end markets, processors, and glass manufacturers). The system also streamlines efficiencies for consumers, incentivizing them to come back and participate.
For more highlights, read the full article only on CircularEconomyMonth.ca: https://lnkd.in/eHRGYS8C
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