March 08, 2019

Essential Elements When Navigating the Circular Economy

Jonathan Nwagbaraocha

Joint article with the Section's Waste and Resource Recovery Committee.

The circular economy aims to minimize waste generation and maintain the value of products and materials.  Organizations in both the public and private sectors are exploring ways to transition to a circular economy.  Technology companies are balancing costumer needs and corporate sustainability goals to come up with innovative ways to engage in circular economy activities.  Regulatory bodies are sharing best practices and revising regulatory and market driven structures in order to align a variety of chemical, waste, and product regulations and create incentives to facilitate the transition to a circular economy.  This article describes essential elements of a circular economy and lessons we can learn from technology companies and regulatory bodies to ensure an effective transition to a circular economy.

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