We stand at a crossroads, with rising geopolitical and geo-economic tensions, massive technological change and now an increasing array of social and environmental challenges. We are pushing planetary boundaries to their limits, with climate change and threats to biodiversity and oceans as just a few examples. Our current linear “take, make, waste” models of production and consumption will not be sustainable; the circular economy model offers a powerful means to decouple growth from use of scarce and harmful resources, enabling greater production and consumption with fewer negative impacts.
Our inaugural book Waste to Wealth (2015) identified a $4.5 trillion value at stake by 2030 through a radical departure from traditional production and consumption systems. Now, The Circular Economy Handbook, featuring insights gained from years of experience and an analysis of 1,500 case studies offers a practical view on how organizations can take transformative steps toward circularity and create new opportunities for competitiveness and sustainable prosperity. Lacy, co-author of the handbook, highlights the opportunity for value capture by adopting five new circular business models. Chaired by Rosie Boycott.