top of page

What is a Circular Economy?

The circular economy is a system where materials never become waste and nature is regenerated. In a circular economy, products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting. The circular economy tackles climate change and other global challenges, like biodiversity loss, waste, and pollution, by decoupling economic activity from the consumption of finite resources.

Source: Ellen MacArthur Foundation

Circular Economy Principles

Principle 1: Eliminate Waste & Pollution

The first principle of the circular economy is to eliminate waste and pollution. Currently, our economy works in a take-make-waste system. We take raw materials from the Earth, we make products from them, and eventually we throw them away as waste. Much of this waste ends up in landfills or incinerators and is lost. This system can not work in the long term because the resources on our planet are finite.

Principle 2: Circulate Products & Materials

The second principle of the circular economy is to circulate products and materials at their highest value. This means keeping materials in use, either as a product or, when that can no longer be used, as components or raw materials. This way, nothing becomes waste and the intrinsic value of products and materials are retained.

Principle 3: Regenerate Nature / Taiao

The third principle of the circular economy is to regenerate nature. By moving from a take-make-waste linear economy to a circular economy, we support natural processes and leave more room for nature to thrive.





  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
bottom of page