In this briefing paper, Ksapa shares 3 solutions for quality stakeholder dialog, based on a readable and credible adaptation trajectory that effectively juggles cost-cutting and private sector sustainability and circularity voluntarism.

Tags: boost / circularity / covid-19

The Low-Down of Circularity Amid Covid-19 Challenges

Businesses have tended to focus on decoupling economic activities and natural resource usage, as well as the related environmental impacts. For instance, improving resource efficiency and transitioning into a more circular economy are but two structuring concepts for moving forward on greener modes of production and consumption. However, in a recent study conducted among 317 senior executives from large corporations around the world, only 30% stated their company had a strategy for circularity in place, while over 75% were still in the planning stages of adopting targets to make their products, processes, or business models more circular in the coming 5 years (Newsweek Vantage, 2018). While circularity would appear a promising concept, it has had difficulty reaching the necessary scale and pace to effectively address sustainability issues (OECD, 2019).   

Key Takeaways

In this briefing paper, Ksapa shares 3 solutions for quality stakeholder dialog, based on a readable and credible adaptation trajectory that effectively juggles cost-cutting and private sector sustainability and circularity voluntarism. 

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