Master Circular Economy Secrets for Effortless Resource Wealth

Real-World Examples and Case Studies

Several companies have successfully implemented circular economy strategies, demonstrating the model's viability and benefits. For instance, Philips has adopted a circular approach by offering lighting as a service, where customers pay for the light they use rather than purchasing the equipment. This model encourages product longevity and recycling².

Similarly, the fashion industry is seeing a shift with brands like Patagonia and H&M investing in recycling programs and sustainable materials to reduce waste and extend the life of their products³. These initiatives not only reduce environmental impact but also open up new revenue streams through resale and repair services.