In the second of the Be More Green roundtables find out how businesses are leading the way to create circular business models and contribute to a circular economy.
Discover the key takeaways from the second discussion in the CBI’s Be More Green roundtable series, bringing together business leaders from across different sectors and business sizes leading the way in creating circular business models and contributing to a circular economy.
1. There is a long way to go to achieve a circular economy
Businesses agreed that the UK still has a long way to go before achieving a circular economy, and even to make a significant start along the journey.
The majority of businesses have ‘linear’ business models, and there are sizeable financial and risk-based barriers to change. There is currently little financial or regulatory incentive to embrace the circular economy and make a shift to products and processes that enable products to be re-used, recycled and last longer.
But despite these barriers, many businesses, including those in the room, are exploring how they can contribute to a shift in approach.
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