Karthik Valluru’s Post

Every year, nearly $200 billion worth of recyclable materials are discarded. #Circularity is not just good for #climateandsustainability. If companies can intercept waste before it hits landfills, it's good for business, too.  In our latest #FutureofProcessIndustries article "Circularity's Time Has Come" my Boston Consulting Group (BCG) colleagues and I explore the business case for circularity and highlight four opportunities for process companies to boost resilience and gain early-mover advantages:  1️⃣ Secure steady scrap supply 2️⃣ Tackle upstream waste fragmentation 3️⃣ Spur innovation in sorting and processing 4️⃣ Design for circularity Explore our insights and reach out to me or my coauthors if you would like to discuss further: Janice Lee, Martin Feth, Karthik Valluru, Cornelius Pieper, Gaurav Jindal, and Shaun Knowles. Read more here: https://lnkd.in/eFX2rnEE

Each year, we throw away nearly $200 billion of material that could be recycled. Copper - a key material for the energy transition - accounts for nearly $70 billion of that estimate! In BCG’s recently published #FutureofProcessIndustries perspective, my colleagues delve into #Circularity as a #BusinessModelInnovation opportunity. Process Industries companies can turn waste into opportunity by ensuring a steady scrap supply, overcoming upstream waste fragmentation, spurring innovation in recycling tech, and designing for circularity. Why don’t you take a look to learn more! Karthik Valluru, Martin Feth, Cornelius Pieper, Tian Feng, Janice Lee, Gaurav Jindal, Shaun Knowles

Sustainability is not just about recycling; it's about innovating. From innovative packaging solutions to repurposing materials, there are endless opportunities to incorporate reuse into our business models. Share how your brand is turning the concept of reuse into a competitive advantage. https://bit.ly/3xf3jNf https://bit.ly/3xeZwPZ

At Vita we believe that circularity is the key to transforming our business. Using investment, the scientific principles of our Life Cycle Analysis (LCA) Model and the expertise of our employees and stakeholders, we are embracing and expanding the possibilities of operating in a circular economy. In 2023, we maintained our focus on embedding sustainability into every new product development. Our next generation products will always address specific environmental challenges. Our 3-year focus is to continue to invest in advanced recycling technologies, optimise our production processes for minimal waste, and design products that can be easily reused or recycled. If you want to find out more on how we are driving circularity, visit pages 16-24 of our 2023 Sustainability Report: https://lnkd.in/djR2nENw #Sustainability #LCA

Circularity is a big part of Reformation♻️ (from the business model to deadstock) Reformation's goal is to become a circular company by 2030. To achieve this - they are following Ellen MacArthur's 3 guiding principles: 1️⃣ Circulate products and materials Collect textile waste every step of the way and turn it into new materials. 2️⃣ Eliminate waste and pollution Plan, design, and produce smarter to create less waste in the first place. 3️⃣ Regenerate nature Use renewable practices for necessary virgin materials so they have a net positive impact on the planet. Reformation points out that it takes collaboration and work together to go circular. - Reformation: durable, quality, non-toxic, and recyclable materials. - Consumers: care for the clothes responsibly and say bye wisely, AKA repairing, reselling, or recycling. - Industry: partners, infrastructure, reporting, and regulation. Read more in the carousel👇

Learn more about REMADE and our recycling R&D in the story below, which includes an interview with REMADE CTO Magdi Azer #CircularEconomy #sustainablility #manufacturing #mfg #plastics #recycling

We are thrilled to announce the publication of the Collaborating Centre on Sustainable Consumption and Production (CSCP)-led report, "Guidelines on Increasing the Recyclability and Circularity of Plastic Packaging: Learnings from Collected Good Practices." This report highlights effective strategies for improving the recyclability of multi-layer packaging, which requires innovative recycling solutions. It provides valuable insights for industry professionals, political actors, waste management services, and more. The report draws from best practices in circular design, circular business models, and innovative recycling and policy-making. Wish you an insightful reading and feel free to get into contact with us should you be interested in receiving further insights into this topic

According to the recently published Circularity Gap Report 2024, the circular economy has reached megatrend status. The volume of discussions debates and articles on circularity has about tripled over the past five years. However, the share of secondary materials consumed by the global economy has decreased from 9.1% in 2018 to 7.2% in 2023, or a 21% drop in the last five years. At the same time, consumption accelerates. Over that same five-year period, humanity has consumed over 500 gigatons of materials. To put that in perspective, 500 gigatons is 28% of all the materials humanity has consumed since 1900. Investors and companies alike should explore how they can make their businesses more circular, therefore reducing costs and throughput. Business models are changing. In a world of constrained resources - especially when policymakers and society are taking more interest in protecting those scarce resources - companies that can use resources best and reuse resources best, will have a distinct advantage. #circulareconomy

With scientific data showing we're well on our way to breaking the 1.5 degree threshold way ahead of 2030, it's time we amplify our sustainability efforts to include scope 3 emissions. How can a circular economy help tackle this?

The way to a clean and safe world requires efforts on many fronts. Reuse is one front, and it increases the effectiveness of other fronts. If by reusing plastic bottles we can reduce the number of bottles thrown away, recycling will be much more effective. And upcycling, recycling plastics into high value commodities, will make the economics of recycling viable. https://lnkd.in/dTGRg6Es