How does the circular economy impact business?
Environment and Climate Change Canada Environment and Climate Change Canada
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 Published On Aug 4, 2021

In the circular economy, nothing is waste. It’s about keeping valuable resources and materials in the economy--and Canadian businesses are joining in!

Businesses are finding new ways to recycle valuable metals and alloys and reuse materials (like plastics), parts, and components, while also increasing their bottom line.

The circular economy: more value, less waste.

https://Canada.ca/circular-economy


* * * * * Transcript * * * * *

Canadian businesses are rethinking the way they work to help save the planet. Imagination and innovation, go a long way. These businesses are finding new ways to recycle valuable metals and alloys and reuse materials, (like plastics) parts, and components while also increasing their bottom line.

It’s called the circular economy. And the best part? It’s having a positive impact on industries in Canada and around the world. Transitioning to circularity has the potential to generate $4.5 trillion in global benefits. (according to Accenture Strategies)

In Canada, if we improve how we manage plastic waste through the circular economy, by 2030, we can:
- reduce 1.8 million tonnes of carbon pollution
- generate billions of dollars in revenue
- and create approximately 42,000 jobs.

In the circular economy, nothing is waste. It’s about keeping valuable resources and materials in the economy—and it just makes sense.

The circular economy, more value less waste.

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