Together with the University of St. Gallen, we have worked an a new appraoch to create sustainable business models that make the circular economy work. The first result is a whitepaper that explains how you can systematically design circular ecosystems and the business models for each party.
By design, waste and other negative environmental impacts have become an integral part of our industrialised consumer society. The circular economy (CE) is a way to move away from the linearity of our current industrial and economic systems. The aim of a CE is to keep products, components and materials at their maximum utility and value at all times. The present article provides an actionable path for companies to design, validate, and implement a circular ecosystem with suitable business models that enable sustainable solutions that are beyond the reach of single companies. Our easy-to-navigate framework consists of seven steps.