Naia Maker Eastman Joins C.L.A.S.S. to Support Circular Economy –
Eastman, which manufactures Naia cellulosic yarn, has joined the Milan-based C.L.A.S.S. to support the circular economy.
Source: sourcingjournal.com
Eastman, which manufactures Naia cellulosic yarn, has joined the Milan-based C.L.A.S.S. to support the circular economy.
Source: sourcingjournal.com
The Circular Revolution is described as being ‘the first business-led hub in the UK focused on circular thinking’. Designed in partnership with Swansea and Exeter Universities, the £2.3m centre is part-funded by the European Regional Development Fund through the Welsh government, which will contribute over £1.5m. “It is a privilege to be afforded this opportunity to host the centre and drive circular thinking forward globally from Wales,” said Riversimple director Fiona Spowers. “While there is a lot of enthusiasm for the concept of circular business models, they are hard to adopt and embrace fully. With Circular Revolution’s pilot programme, we are uniquely positioned to trial, test and refine this research on a real small business in Wales, Riversimple.”
A circular economy enables us to restore natural ecosystems while still accelerating business and financial objectives. With 90% of CEOs seeing sustainability as important to success and 66% of consumers paying more for sustainable brands, the circular economy might be closer than we think—and it often starts in the supply chain.
Let’s look at a few examples. IKEA is on a journey to become more circular. Back in 2017, it developed its first designing for circularity guide, which helped define IKEA’s circular design. The results in the past few years have been impressive. In financial year 2019, the retail giant gave 47 million products a second life, 38 million products were resold through the as-is specialty shop, and more than 9 million products have been repacked back to the shelf.
Read the full article at: connectedworld.com
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