How can you effectively communicate the benefits of circular economy?
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The circular economy is a system that aims to eliminate waste and keep resources in use for as long as possible. It can offer many benefits for businesses, such as cost savings, innovation, customer loyalty, and environmental impact. But how can you effectively communicate these benefits to your stakeholders, such as customers, investors, suppliers, and employees? Here are some tips to help you craft a compelling message.
Before you present the solution, you need to explain the problem. Why is the current linear economy, based on take-make-waste, unsustainable and inefficient? How does it affect your business and your stakeholders in terms of risks, costs, and opportunities? Use clear and relevant examples and data to illustrate the challenges and the need for change.
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Irene Fariña
Formadora / Creadora de la web textil Textilae / Directora contenidos en Sartia Formación / Vocal AEQCT
In a world of over 8 billion people, the old buy-use-throw paradigm of the linear economy has become obsolete and is leading us into an uncertain future. Unfortunately there is a lot to fix, we don't have much time and we lack much experience in recycling some materials, but the huge advantage is the growing global awareness and the extraordinary initiatives that are being carried out on a daily basis and that must necessarily start in each of us. In the textile sector, the demand for recycled fibers continues to grow and will continue to do so at an even faster pace. So is the supply of second-hand stores or the new on-demand manufacturing systems. Any good initiative that optimizes our resources.
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Joost de Kluijver
Teaming up with tech sellers & buyers for 'One for One'
In our industry, the reason why many still stay away from circular storytelling is because it focuses too much on 'the problem'. People working in business are human, so they naturally care about environmental topics. But the company they are part of was not created to reduce environmental issues. It was created to deliver value. Focusing too much on the social, green or 'responsibility' side of CE can alienate your story from the main drivers of the company. They are not Greenpeace.
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Joshua Au
Chief Technology Officer | Data Centres | Sustainability | Certified Green Mark Associate | Learning & Development
It is easy to make a point and infinitely hard to make a difference. We have to nuance the message and delivery in a manner that makes both accessible to the audience. If it does not make sense to the person across the room any conversation is at best a monologue
Next, you need to show how the circular economy can create value for your business and your stakeholders. How can it help you reduce waste, save money, improve quality, differentiate yourself, and enhance your reputation? How can it address the needs and expectations of your customers, investors, suppliers, and employees? Use specific and quantifiable benefits and outcomes to demonstrate the value proposition.
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Martijn Lopes Cardozo
CEO at Circle Economy | Experienced serial entrepreneur | Driving the transition towards a circular economy | Board member and advisor
There are plenty of examples to choose from to showcase the value of the circular economy. Now it's about promoting those to stakeholders in an intriguing and understandable way. Using stories and eye-catching visuals are a great way to showcase the many benefits of the circular economy. Take Fairphone for example, a company that has made strides in sustainable electronics by creating ethically sourced and long-lasting smartphones. By sharing success stories like Fairphone's, we can captivate stakeholders' interest and foster a deeper understanding and appreciation of the circular economy’s benefits.
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Nina Benoit
Helping organisations improve, measure and report on their impact 🍃 Director of Sustainability at Brightest
Circular economy may not be a straightforward concept to everyone but saving money is. When talking about circular economy, make sure to emphasize the monetary benefits a solution may bring. For example, did you know that one of the biggest household waste is cotton pads? Buying reusable cotton pads will not only reduce your household's waste amount but also make you save money in the long run as you can use your reusable pads forever!
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Puck Middelkoop
Entrepreneur | Circular textiles expert | Marketeer | Startup mentor
Company pioneers really see circular economy as a major business opportunity. The topic is strategically implemented, budget is reserved, they are actively experimenting and they believe that a financial positive result go hand in hand with circular steps. Read the stories from these pioneers, get inspired and learn from them. They will clear out the path towards the circular economy. And mainstream companies will hopefully follow if they see the advantages. Most of the times it started with individuals having the intrinsic motivation for circular economy within these pioneering companies.
One of the most effective ways to communicate the benefits of the circular economy is to tell a story. Stories can engage the emotions, inspire the imagination, and convey the vision of your business. You can use stories to showcase your circular initiatives, achievements, and impacts, as well as to highlight the challenges and opportunities you face. You can also use stories to showcase the circular practices and experiences of other businesses or sectors, and to show how you can collaborate and learn from them.
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Kruthika Eswaran, SCR, PhD
GARP SCR™ 2021|| Passionate Climate researcher with a soft spot for satellite data and excitedly navigating through sustainability and energy transition! || Bounce Bags @ Plastic-Lite Singapore|| Lifelong Learning
- The positive and negative effects of CE have to be communicated effectively and in an intriguing way to all stakeholders as well as customers and general public. - Storytelling is a powerful tool which captivates your audience and helps them understand the problem easily. - Storytelling can be started right from schools and universities to encourage integrating circular economy into lives at a much earlier stage. - Case studies can be told as stories which will help people understand that they can also be part of the solution as the companies which use circular economy. - Storytelling helps in capacity building and knowledge sharing as well.
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Dr. Tobias Schmitz
Editor in Chief at The Water Diplomat
After 34 years of research and 5 years of proof of concept, it is now possible to recycle and reuse 100% of all solid, liquid and gaseous waste. This system turns garbage leachate: extremely polluted water - into drinking water in 30 minutes. It produces green hydrogen from urban waste. It produces new generation materials extracted from the waste, such as bio-cement (zero emissions cement) and high strength building panels.
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Anurag Awasthi
Head - New Business Solutions @Techspian | Former - EY, PwC |Sustainability X Inclusion X Technology|
Storytelling happens to be the most useful tool that engages audience in ways unmatched. If one can highlight the following aspects in any story, it goes well with people - Unsustainable practices- That cannot be continued for long - Underutilisation through lifecycle- Ones that can be utilised better before discarding - Underutilisation through capacity - Ones that don't operate with full efficiency If the above practices can be defined, it becomes easier to communicate any story.
Another important tip is to use simple and accessible language when communicating the benefits of the circular economy. Avoid jargon, acronyms, and technical terms that might confuse or alienate your audience. Instead, use plain and familiar words that can convey your message clearly and concisely. You can also use metaphors, analogies, and examples to explain complex or abstract concepts in a more relatable way.
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Ross Findon🦑
Communications consultant helping brands and nonprofits create a sustainable & circular economy | Strategy, content, and campaigns |
Using simple language increases accessibility of the concept, but to drive real impact we must increase accessibility to the actual solutions. Give people agency and clear opportunities for engagement, coupled with simple language they can understand. You need both.
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Efstathia Tsourgianni
Environmental Specialist in Agriculture, Sustainable Agriculture & Circular Economy Consultant, Regulatory Compliance Coordinator, Plant Nutrition & Soil Fertility Lecturer
A simple language that describes the clear advantages and results of the method, leads to easy understanding, which must be our point. I'll use the "Green Farm" example I gave in the previous points: Green Farm turned their waste into wealth. They made their soil healthier, saved biodiversity and water, all while saving money. Now, their crops are healthier, and the environment is better off!
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Dr. Tobias Schmitz
Editor in Chief at The Water Diplomat
In nature there is no such thing as waste. Everything is broken down for reuse in a new cycle of growth. The only reason we do not have a circular economy is because we have not applied the basic laws of nature to our production processes. The 7Cbasalia system is nature based and decomposes and reuses everything.
Finally, you need to provide guidance and support to your stakeholders on how they can participate and benefit from the circular economy. What actions can they take to reduce waste, reuse resources, and recycle materials? What incentives, tools, and resources can you offer them to help them adopt circular practices and behaviors? How can you measure and communicate the impact and progress of your circular efforts? Provide clear and actionable steps and feedback to help your stakeholders join you on your circular journey.
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Chris Whyte
Circular Economy Specialist
We need to evolve past the perception of many that this is about waste management and recycling. Transitioning to a circular economy is a complex, systemic, multi-sectoral approach that provides the means and opportunities to achieve the global goals of sustainability and all 17 SDGs, climate change, biodiversity protection, carbon offsets, and a just transition for people, planet and profit...
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Sally-Anne Kasner
Learning everyday
Waste is a symptom to the bigger challenge in the system. We have been treating the symptoms for many years, and this has provided a false sense of doing good and given license to make and consume more (and more complex) stuff. The circular economy is a fundamental reset of our economy. It is a reconnection to nature and regeneration.
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Dr. Tobias Schmitz
Editor in Chief at The Water Diplomat
It is very easy. Waste nowadays has a cost. If everyone were to be well rewarded for waste (because it contains everything our economy needs), that would be a game changer. Therefore if all waste is converted into value - as is the case in the basalia system - waste collection becomes a gold mine
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Harald Friedl
Circular Economist | Keynote Speaker | Strategist: Helping you to go "from linear to circular"
My biggest lesson learned: We have to "walk the walk". Every single day, even if it's hard. We need to demonstrate to all who want to change - how to practically do that. It's powerful to share your personal "story of change": how you integrate circularity into your daily life; for the clothes you lease, the mobility solutions you share or the modular houses you build. Thanks!
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Dr. Vidhi Vora
Circular Economy Coach, Strategist & Consultant | Founder at Green Phoenix Circular Solutions | Helping businesses go circular with a #holisticapproach | Nature Based Solutions & Regenerative design advocate | MoC at AIM
Circular economy benefits can be presented as a combination of Circular business models and Circular value chains. Create a business use case by understanding the challenges organisations face and turning them into an opportunity for circular design innovation using the technical expertise of industrial stakeholders, while highlighting the positive outcomes. These can be further reinforced through successful and impactful case studies that present systemic change. Philips, hp, Ingka group, etc have set some great examples for circular transformation.
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Mobin Nomvar PhD
Founder & MD @ Scimita Ventures | Business and Product Innovation, Energy & Materials
In a circular economy, consumers share responsibility for sustainability, which may require paying more to incorporate external costs into business practices. Externalities, such as unaccounted health costs from emissions, are key. Renewables, despite upfront costs, offer job creation and reduced environmental impact, lowering the true production cost when externalities are considered. Integrating these externalities into business models is crucial in a circular economy.