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TRANSFORMING YOUR BUSINESS TOWARDS A CIRCULAR ECONOMY AND THE KEY ROLE OF THE EU CHEMICALS REGULATION IN THIS TRANSITION

October 10, 2019 | (4:00PM)
USA (United States of America)
Integrating sustainability into company’s strategy has become vital across many industries and this has pushed forward the growing interest in the circular economy. However, shifting to a circular model will bring big changes and introduce challenges for industry in general. On the positive side, it will also lead to a great way of unlocking new business opportunities. With the aim to accelerate the transition from a linear economy model of “take-make-dispose” to a system of closed loops, in March 2019 the European Commission completed the Circular Economy Action Plan that was initially adopted in December 2015. This action plan promotes a systematic approach across entire value chains and integrates circular principles into plastic production and consumption, food systems, management of specific waste streams and water management.