Isabelle Linden
- 1. © PAKnowledge Limited 2019 Title slide - marketing campaign EMBRACING THE CIRCULAR ECONOMY TO TRANSFORM BUSINESS PERFORMANCE EVA24 Isabelle Linden PA Consulting April 2019
- 2. © PAKnowledge Limited 2019 • 17 Goals, 163 targets, signed up to by 192 countries in 2015 • A statement of needs for the world by 2030 • An order book for the future The UN Sustainable Development Goals (SDGs)
- 3. © PAKnowledge Limited 2019 THE POWER OF A.SUSTAINABLE.BUSINESS. Leading investors are viewing sustainability as a guide to future value Consumer sentiment now indicates that as well as caring about the planet and its people, sustainability now affects buying decisions Not seen as a cost for business anymore, leading organisations gain competitive advantage by becoming sustainable and circular
- 4. © PAKnowledge Limited 2019 The Circular Economy enables you to do well by being good The Circular Economy Courtesy of the Ellen MacArthur Foundation • From a linear ‘take-make-dispose’ economy to circular by design • Seeks to maintain resources at their highest value (only 5% material value currently recovered) • Regenerative and restorative by design
- 5. © PAKnowledge Limited 2019 Changing strategic goals – IKEA IKEA’s goal is to become a fully circular and climate-positive business by 2030. Offering customers return schemes as well as ‘furniture as a service’ are some of their latest offerings https://www.greenbiz.com/article/furniture-service-paas-or-fail
- 6. © PAKnowledge Limited 2019 Interface – making new products from old The world’s largest manufacturer of commercial carpets has been using old carpets to make new ones, doubling profit, employment and stock price increased by 550% over 5 years https://www.efmd.org/research/the-sustainable-business
- 7. © PAKnowledge Limited 2019 Renault Choisy factory, France – zero waste The factory is 100% waste free saving the car company 80% on energy and 88% on water – as well as 4000 tons of metal. “All together our recycling and remanufacturing affiliates generate a revenue of half a billion euros” JP Hermine, VP Strategic Environmental planning https://www.ellenmacarthurfoundation.org/our-story/partners/global/renault
- 8. © PAKnowledge Limited 2019 Redisa, South Africa – driving social value Collecting old tyres to convert them into new products - bringing the recovery rate from old tyres in South Africa from 3% to 70% in just 18 months as well as saving lives through employment to local communities https://ec.europa.eu/environment/ecoap/about-eco-innovation/experts-interviews/redisa_en
- 9. © PAKnowledge Limited 2019 Walmart – changing the brief Walmart issued an edict to its distributors demanding that they reduce their packaging by 5%, saving them $3.4 billion a year in waste disposal costs. A small change to its plastic bags saved $12 million in 2017, and shortening their customer paper receipts an additional $7million. https://www.efmd.org/research/the-sustainable-business
- 10. © PAKnowledge Limited 2019 Skipping Rocks Lab – starting a revolution Developing a waste-free alternative to plastic bottles
- 11. 11© PA Knowledge Limited The Ellen MacArthur Foundation works with business, government and academia to build a framework for an economy that is restorative and regenerative by design. PA is an active contributing member of the CE100 The UN Global Compact is the largest corporate sustainability initiative in the world, with more than 9000 companies and 3000 non-business signatories globally. PA is a partner to UNGC Project Breakthrough. PA is a signatory to UN Global and a specialist technical advisor. You don’t need to do it alone - collaborative networks are taking off
- 12. 12© PA Knowledge Limited WHY ARE SUSTAINABILITY PROJECTS DIFFERENT?. There is a growing demand for sustainability major projects and we need to be ready for it ALLIES TO THE PUBLIC & COMMUNITIES ATTRACT TALENT EMBRACE DISRUPTIVE TECHNOLOGY BUILD NEW RELATIONSHIPS WITH SUPPLIERS ATTRACT INVESTMENT & NEW FINANCING SOLUTIONS GO BEYOND PROJECT CLOSURE LEGISLATIONS ARE OPPORTUNITIES NOT RISK CAPTURE TRIPLE BOTTOM LINE
- 13. 13© PA Knowledge Limited HOW TO DELIVER PROJECTS SUSTAINABLY? We can make a real impact by delivering ALL projects in a sustainable way TARGET ZERO WASTE IN EVERYTHING YOU DO ALLOW YOUR PROCUREMENT & COMMERCIAL STRAEGIES TO DRIVE CIRCULAR BUSINESS MODELS EQUIP YOUR TEAMS WITH THE RIGHT SKILLS & COMPETENCIES INCORPORATE SUSTAINABILITY & CE AT THE HEART OF YOUR DECISION MAKING PROCESS EMBED THE SDGS AS OUTCOMES CHANGE THE MIINDSET
- 14. 14© PA Knowledge Limited THANK YOU