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Report: Circular economy savings top $700bn

2013-01-28 12:55:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Consumer goods companies could be missing out on $700bn (445bn) worth of savings by failing to incorporate recycling in their business models. That is according to the latest report by the Ellen MacArthur Foundation, which attempts to quantify the benefits of the so-called "circular economy", where products are designed so that their materials and components can be easily recycled and reused. The report focuses on the $3.2tr global markets for clothing, food and drink, and associated packaging,...

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