How can SMEs benefit as suppliers in the circular economy?

Businesses are beginning to move away from an economy based around fossil fuels and over-exploitation of natural resources, towards a more resource efficient circular economy.

The circular economy is a concept centred around reducing waste and minimising use of raw materials by maximising the value in the resources we have. In a more circular business model, the materials we currently think of as waste will become food, fuel or raw materials for other processes. This will reduce our reliance on virgin materials, and reduce the financial and environmental impacts of waste disposal.

An opportunity for SMEs

Circularity provides a huge opportunity for organisations to benefit the environment, the economy, and their own profitability. There has never been a more critical time to change the way we think about the resources we have – in fact, it is the only real option we have that allows for sustainable development.

But to succeed in this new way of working and to allow smaller businesses, as well as the global leaders, to benefit from the changes being made, it is essential that the whole value chain gets involved in the journey. We’ve found that one of the main barriers to this happening is a lack of knowledge and understanding in smaller businesses and suppliers. The word ‘economy’ alone understandably turns a lot of people off right from the get go.

So, to help organisations understand what their role can be in accelerating towards a low carbon, circular economy, and how their business can benefit, we are pairing up with the Carbon Derby Project and Inntropy for a Breakfast Briefing event next week.

The event is FREE to attend – Click here to book your place now!

The Breakfast Briefing is taking place on Thursday 6th July 2017 08:00 – 11:00 BST at:

Lonsdale House
Quaker Way
Derby
DE1 3HD

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