Circular Business Models Are Critical for Climate Action – So What Is Preventing Them From Becoming Mainstream?

To reach their greenhouse gas emissions reduction targets and to transform their businesses, many companies are relying on replacing revenues from their current business models with circular business models – that is repair, resale or subscription services. The idea is that is they will reduce their revenues from traditional business models while increasing revenues from circular services – and in turn reduce their emissions. But although the hope for these new revenue models exists, in practice they are far from replacing traditional linear take-make-waste models due to weak financial incentives and under-optimised infrastructure for reverse logistics.

Some of the key questions we will cover in this session include:

What will it take to make circular business models the norm rather than the exception?

How effective will current and proposed legislation be for stimulating sufficient investment in circular business models? Can adjustments to EPR legislation help?

What more needs to be done to move from fantasy to reality?

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