Our natural resources are limited. The Circular Economy offers a path forward in a world growing more concerned about long-term sustainability. Single-use plastics and greenhouse gas (GHG) emissions are two of the most recognised reasons for environmental degradation. The full potential of the circular economy hinges on key strategies to lead businesses toward less energy and GHG-intensive consumption.
The circular economy is gaining attention for having the potential to address two of the most well-understood, global environmental impacts of our current economic practices—the volume of single-use plastics ending up in the environment and the release of greenhouse gas (GHG) emissions resulting in global climate change and local weather extremes.
Organisations face continued supply chain insecurity, tightening regulations on GHG emissions, and the pressures of evolving societal values. With all these factors at play, the traditional linear business model of “take-make-waste” is inefficient and not sustainable.
Within the vision of a circular economy, businesses can create value and jobs by using sustainable materials, minimising waste, and introducing business practices that support product longevity, emphasise designing products for end of life, and expand recycling and reuse.
Deloitte assists organisations with minimising system risks and introducing social innovations across their supply chains. We work with our clients to help optimise value circulation by reusing byproducts, using renewable energy sources, and using recycled materials as we bring products to market. By applying our innovative technologies and deep knowledge of the recycling ecosystem, we help organisations transition their operations to the circular economy model. Our clients benefit from the breadth, depth, and years of Deloitte’s hands-on experience.
Transforming from a linear to the circular economy model can help organisations uncover new value and opportunities to improve their businesses through:
Deloitte has extensive sustainability experience and technology to build sound climate transition
strategies to help reduce waste and create new value for our clients.
Through our culture of collaboration and extensive partnership network, we bring together industry leaders and experts, including the WBCSD Circular Economy Plastics & Packaging project, to bridge the gap between business and academia, technology and science to provide answers and guidance our clients need.
By transitioning from linear to circular models, we help lead companies down new paths to growth. We help build brand reputation while delivering against sustainability targets and commitments. We disrupt the market through innovation, helping to secure supply chain continuity in a rapidly evolving marketplace.
We leverage our extensive and rapidly expanding network of sustainability practitioners in more than 162 countries to provide our global clients with localised support to navigate their linguistic, cultural, and geopolitical complexities.
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