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What are the most typical principles on which the circular economy is based?
Raw material extraction: This model aims to obtain as many raw materials as possible from nature and use them in the manufacture of products.
Production: Manufactured products are brought to market and sold to consumers. The production process often aims to maximize profits and efficiency without much consideration for the end of the product's life cycle.
Resource efficiency: Focus on the efficient use of resources. The aim is to keep raw materials and products in circulation for as long as possible before they end up in waste piles. This reduces resource waste and environmental impact.
Waste reduction: We strive to minimize waste and reduce our environmental impact. This is achieved, among other things, by extending the life cycle of our products and making efficient use of materials.
Disposal: When a product is unusable or unnecessary, it often ends up in a landfill or is incinerated, causing environmental damage and waste.
Recycling and reuse: Emphasis is placed on recycling materials and reusing products. This may include, for example, dismantling old products and reusing their parts in new products.
Service-based business: Support business models that offer services instead of products. For example, car rental services can reduce the need to own a car and thus reduce the production of new cars.
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