Over the next few decades businesses will face a multitude of environmental and social changes that will bring both opportunities and risks.
In times where these changes are increasingly influencing our world, ambitions for sustainable growth are on the rise and an alternative to our current ‘take-make-dispose’ has to be found.
“Circular Economy” is a generic term for an economic model which stands in contrast to the linear model of our current industrial economy. Shifting towards a circular economy is one of the biggest transformational challenges governments and companies are facing.
Although we are still only at the beginning, the concept of a circular economy is widely recognized, as it has already been implemented in major global companies like Nike, Coca-Cola and Philips. One thing is for sure: opening the door for a circular economy is only possible through new and innovative business models and collaboration.
We at KPMG Luxembourg have developed the KPMG Circular Ecosystem and an end-to-end service offering to help your company move to a more circular future.