The four circular economy models
Companies emphasise use of the following for the design and production of their offering:
• Renewable resources,
• Local resources,
• Recycled materials.
This model enables companies to replace the use of resources and materials that have a single life cycle, that is, non-recyclable and non-renewable.
Better use of ressources
Companies develop an offering which enables them to maximise the use of existing resources by:
• Providing the product without ceding ownership,
This model encourages companies to design or provide products with a timeless
design, longer life and better repair potential.
Increased product service life
Companies develop an offering which enables customers to benefit from their
product longer thanks to:
• Improved technical characteristics,
• Preventive maintenance,
To achieve the goal of extending product life, companies implement the eco-design of products. Eco-design takes account of the impact of the product on the environment throughout its life cycle, from the extraction of raw materials to end-of-life handling.
Reuse of ressources
Companies market an offering designed using resources which are considered to be waste (to be thrown away and with low economic value).
Companies implement three different types of resource reuse:
• Upcycling: the processing of resources at the end of their life into a product of equal or superior quality and economic value to the initial product;
• Downcycling: the resale of resources at the end of their life or processing of
the resources into a product of equal or lower quality and economic value to the initial product.
• Recycling: processing of materials at the end of their life via chemical, energy and other processes to reintroduce them into a production cycle (in part or in full) thereby replacing the use of new raw materials.
Discover all the companies of the circlemade network.