Sustainability conquers luxury sector
The luxury sector too is moving slowly towards sustainability: business models like clothing rental and co-ownership are some of the recent luxury trends.
Source: www.retaildetail.eu
The luxury sector too is moving slowly towards sustainability: business models like clothing rental and co-ownership are some of the recent luxury trends.
Source: www.retaildetail.eu
The current global health crisis is forcing us all to consider what it will take to build a sustainable future.
Companies of all sizes dedicate increasing shares of their capital and operating budgets to the acquisition of IT hardware and services. Disposition often remains an afterthought; and, as with most forgotten line items, there is often no budget attached to this part of the lifecycle.
The project buys discarded lithium-ion batteries that were built to power electric vehicles and recycles the parts into new batteries.
President Trump is not afraid to use his executive power when necessary, but he is also quick to get government out of the way when it benefits Americans.
Who your customers are may factor into sustainability decisions.
In 2013, people around the globe bought more than 1.8 billion mobile phones. But now, nearly half of them are most likely in landfills or at homes, sitting there without any use, as their owners upgrade to newer versions. Imagine, however, if these devices went back to the manufacturers once their lifespan came to an end in order to be turned into new mobile phones. How much would that save the manufacturer in terms of raw materials and time? Or what would be the result if these devices didn’t have to be replaced because they were easily repairable and upgradable? This is what could be called a “Circular Economy” approach, a new model of production and consumption that thinks of our impact on the environment and our society as a whole.