With consumers skeptical about green product marketing, it’s critical that companies adopt rigorous and reputable labeling systems to build consumer awareness, understanding, and trust. As they navigate the marketplace of products, a growing number of consumers want to make purchases that are good for their own health and for the health of the environment.
Activities in a circular economy follow reduce (minimum use of raw materials), reuse (maximum reuse of products and components), and recycle (high-quality reuse of raw materials) principles where the life of the product gets extended. Unlike the linear process, it means implementing systemic changes that add value and reduce substantial procedural waste. The waste from the end of the supply chain is directed to the beginning thereby using the resources more efficiently by utilising them more than once.
China’s State Administration of Market Regulation said on Monday it would further regulate the sharing consumption sector. The regulator said on its website that price hikes in the sharing economy were effectively contained due to its guidance of the industry.
RIYADH: Business Sustainability Week started on Sunday to support pioneers in the small and medium-sized enterprise sector, the Saudi Press Agency reported.The event is organized by the Virtual Office of the General Authority for Small and Medium Enterprises (Monshaat), which aims to support the …
Single-use cup consumption at Korean fast-food restaurants has plunged by 72 per cent, according to a Korea Times report.