The myriad new models and processes aimed at fixing the flaws in capitalism and laying the groundwork for practical, alternative economic frameworks designed to benefit all stakeholders.
Two recent bits of news from the Ellen MacArthur Foundation (EMF) point to continued groundwork being laid toward a circular economy in the U.S. and beyond.
New research from the Federation of Small Businesses (FSB) warns that the UK risks failing to meet its climate obligations without the help of small businesses.
FSB’s latest report, The Price of Power: Energising small business in the next UK Carbon Plan, shows how with improved incentives and fewer barriers, small firms can be key to closing the carbon gap. It calls on the Government to produce urgently a new carbon plan that includes a specific strategy on crucial areas such as microgeneration and energy efficiency across the UK’s small business community.
Can capitalism be ethical? This was the question asked by Rowan Williams, the former Archbishop of Canterbury, in a recent lecture in Cambridge (part of Murray Edwards College’s Capitalism on the Edge series). He argued that while capitalism may unarguably deliver ethically desirable outcomes – such as innovations in health and less onerous work – it cannot be ethical per se if, at its core, it is about the ownership of property and its exchange for profit. Such a system, he argued, can’t generate systematic, sustainable answers to questions of social good and therefore be ethical.
The City of Las Vegas recently announced it has achieved its goal to draw 100 percent of power for its city facilities from renewable energy sources.
As of December 9, the city is powering more than 140 facilities — including all city government buildings, parks, recreation centers, streetlights and traffic signals — through a combination of direct generation and renewable energy credits.
A recent report by the Ellen MacArthur Foundation and a number of new initiatives sweeping Europe have highlighted the convincing business case for companies to adopt circular principles into their business models. The latest development on the path to a circular economy? A new project across the UK and the Netherlands called REBus.
There’s growing evidence around the efficacy of a circular economy and the key role it will play in helping companies and nations carry out the commitments outlined in the Paris Climate Agreement, maintain competitive economies, and reduce waste and consumption of natural resources. The journey to a circular economy will be a long one, and it will require cooperation between businesses, local governments, investors and individuals around the world.
Cross-Posted from Product, Service & Design Innovation.
Coming off a string of apparent strides toward recognizing the benefits of sustainability – including ratifying a shareholder resolution that commits the company to investing in a low-carbon future, earning a place on the Dow Jones Sustainability Index (DJSI) earlier this year, launching an online tool for low-carbon startups to access financing, and last month
A new report has found that adopting circular economic principles would put India on a path to positive regenerative and value-creating development with annual benefits of US $624 billion in 2050 compared with the current development — equivalent to 30% of India’s current GDP.
The London Waste and Recycling Board (LWARB) - a partnership between the Mayor of London and London’s Boroughs dedicated to improving waste and resource management within the capital, with the aim of turning London into a circular city - has launched a new program called Advanced London to support SMEs in adopting and scaling up circular business models.
Since the signing of the Paris agreement, more and more initiatives are emerging and making waves in terms of carbon reduction. However, our planet is much more complicated than a carbon cycle, in fact, there are nine planetary boundaries to look out for from biodiversity to land system change and our current way of doing business is on the trajectory of trespassing many of them.
The European Commission has approved an investment package of €222.7 million from the EU budget to support Europe's transition to a more sustainable and low-carbon future. The EU funding will spur additional investments leading to a total of €398.6 million, which will be used to finance 144 new projects in 23 member states.
The support comes from the LIFE Programme for the Environment and Climate Action, the EU's funding instrument for the environment and climate action. €323.5 million will go to projects in the field of environment and resource efficiency, nature and biodiversity, and environmental governance and information.
For those who follow the workings and importance of our global ecosystem - the gatekeeping mechanism for our economy, you will know that early October marked the end of another opportunity at a Conference of the Parties (COP17) to greatly improve the future of our planet’s wellbeing - but we missed the chance, yet again.
A survey conducted by ethical investment specialists Triodos Bank of UK investors has revealed an overwhelming interest in increasing ethical investment options, while a surprising majority revealed they had since been unaware of opportunities to do so.
According to new analysis by CDP, while global corporations have begun the transition to a low-carbon economy and some are already capitalizing on the opportunities this affords, a large number still risk being left behind through lack of long-term planning and inertia.
The 2016 edition of the Zero Waste Conference (ZWC), taking place on November 3, features an international roster of presenters discussing the growing momentum behind the need to reduce waste, boost efficiency, close loops in production and marketing, tap into whole new markets and exploit opportunities in the fast-emerging circular economy. In the opening keynote, visionary architect and designer Neri Oxman will discuss how biology and technology can be used to create buildings and products compatible with highly efficient circular systems of the natural world.
On Thursday, the Ellen MacArthur Foundation hosted the launch event of its Circular Cities Network, a global network of city leaders who are pioneering the application of circular economy approaches to address today’s urban challenges.
Discussions on the circular economy always trigger great interest, even on the final afternoon of the action-packed SB’16 Copenhagen conference, judging from the enthusiastically packed room at this breakout on circular business models.
In the midst of talks on “marketing,” “driving business forward” and “creating competitive advantages” this week at SB’16 Copenhagen, Sirikul “Nui” Laukaikul - founder of the Brandbeing Consultant and representing the Thailand Sustainable Development Foundation (TSDF) - started her talk with a simple ask: “Smile.”
I first witnessed Sustainable Brands descend on Detroit in April — flanked by Diego Rivera’s famous mural, Industry, at the Detroit Institute of Arts — when it announced that in 2017, the SB flagship conference would move from San Diego to Detroit.
We’re undergoing a transition to a new economy - one where business is not only focused on returns to shareholders, but also one that understands and prioritizes the complex ecosystem between business, the environment, employees, and the greater community. This new pivot to prioritizing all stakeholders not only creates a framework for accountability and ethical business, but also builds better resilience and long-term value.