Circular economy

DEFINITION: An industrial economy that promotes resource efficiency by replacing a linear ‘take, make, dispose’ model of production with one where materials function at their highest utility at all time. The circular economy model aims to extract maximum value from resources while in use, and then recover and reuse these materials at the end of each service life.

See also: Sharing economy

See also: Servitisation

See also: Access economy

See also: Circular Economy Package

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edie Explains: The circular economy

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This 30-minute masterclass offered a taster of the full Sustainability Leadership Programme that has been developed by Cranfield University for edie's network of sustainability professionals

30-minute masterclass: Seven ways to adopt the circular economy across your business

During a 30-minute masterclass webinar hosted by edie last week, Cranfield University's senior lecturer in circular innovation Fiona Charnley outlined the essential skills needed to implement circular economy principles. Here, edie rounds up her key takeaways.

The 30-minute masterclass offers a taster of the brand new Sustainability Leadership Programme, developed by Cranfield University for edie's network of sustainability professionals

Available on demand: edie's 30-minute masterclass on implementing the circular economy

Sustainability professionals seeking to drive value from the transition to a circular economy can now watch the free 30-minute masterclass, which is available on demand.

The 30-minute masterclass offers a taster of the brand new Sustainability Leadership Programme, developed by Cranfield University for edie's network of sustainability professionals

edie's next 30-minute masterclass: How to implement the circular economy

Sustainability professionals seeking to drive value from the transition to a circular economy are invited to take part in a free, online masterclass taking place on Wednesday 12 September.

The circular economy route map sketched more than 100 practical actions - but how many have been taken so far?

How close is London to achieving a circular economy?

EXCLUSIVE: A year after the launch of a route map outlining how the collective actions of the private sector could catalyse a transition to the circular economy in London, edie investigates how much progress has been made to close the loop.

VF Corporation are working with the Renewal Workshop to ensure that all products hosted on the platform are suitable for purpose

The North Face Renewed: VF Corporation takes next step into 'new world' of servitisation

EXCLUSIVE: The North Face's recent launch of a refurbished garments service is acknowledgement of a "new world" of corporate business models that will see the brand's owner, VF Corporation, trial a number of closed-loop, service-based models.

C&A Foundation has provided funding for the innovative projects which it believes could bridge the gap in the implementation of circular business models

C&A Foundation commits more than £1m to circular fashion innovations

C&A Foundation, the corporate foundation affiliated with global fashion retailer C&A, will invest more than £1m (€1.29m) in a string of initiatives aimed at accelerating the industry's transition to a circular economy.

Dow has set a target of generating £750m ($1bn) from

Dow generates £90m from natural capital projects

The Dow Chemical Company (Dow) has continued to prove the business case for measuring impacts on nature, generating almost £90m ($120m) from putting an economic value on natural resources in 2017.

The report highlights that Europe is primed to embrace a new circular economy, with EU industrial emissions potentially reduced by 56% by 2050

Report: Circular economy a 'powerful force' to meeting Paris Agreement goals

Circular business models and greater material efficiency of products in the transport and built environment sectors could reduce emissions by 3.6 billion tonnes annually - putting the globe on course to meet the targets of the Paris Agreement.

One of the strategy’s flagship goals is seeing the Group’s estate become “the world’s first SDG compliant city”

Making Sustainability Real: Inside Canary Wharf Group's bold net positive strategy

EXCLUSIVE: British property giant Canary Wharf Group (CWG) has this week unveiled a sweeping new 2030 sustainability strategy, including goals of becoming a circular economy leader, transforming its estate into the world's first 'SDG-compliant micro-city' and becoming net positive.

Globally, IKEA has already trebled the sales from its 'sustainable life at home' products

How the circular economy is fuelling sustainable growth at Ikea

EXCLUSIVE: Ikea's aim of doubling sales by 2020 are not at odds with an embedded ambition to become more circular, according to the company's UK sustainability manager Hege Sæbjørnsen, who believes closed-loop solutions will be fundamental to future growth.

The discussion at the V&A was the most-attended select committee hearing in UK history. Photo: UK Government/ Gabriel Sainhas

Corporate action on fashion sustainability 'insufficient', MPs warned

A group of environmentally-conscious fashion designers and academics have warned MPs that the current business models used across the fashion industry are unsustainable and that corporate efforts to embed circular economy principles into operations have proved themselves to be "insufficient".

In 2017, local authorities spent £700m on collecting and sorting recycling, compared with £73m from major businesses including leading supermarket chains and retailers

Retailers to pay up to £1bn for recycling under waste strategy

Supermarkets, retailers and major drinks brands are set to pay tens of millions of pounds more towards recycling their used packaging under the government's new waste strategy expected to be published this month, the Guardian understands.

Glasgow City Council is developing initiatives to implement closed-loop practices across the built environment, food, textiles, plastics and energy

Glasgow unveils ambition to become Scotland's first 'circular city'

Glasgow City Council has this week outlined a plan to become Scotland's first "circular city", by reducing its domestic and commercial waste footprint and implementing measures to encourage reuse and recycling.

The construction and built environment, energy infrastructure, food and drink and manufacturing sectors could all reap economic benefits by implementing closed-loop solutions

Scotland's cities can unlock £1bn circular economy boon, says report

First Minister Nicola Sturgeon has urged Scotland's largest cities to transform waste processes and operations to capture a £1bn economic growth opportunity highlighted by a new Zero Waste Scotland report, released today (31 October).

The 30-minute masterclass offers a taster of the brand new Sustainability Leadership Programme, developed by Cranfield University for edie's network of sustainability professionals

edie's next 30-minute masterclass: How to engage with stakeholders on sustainability

Sustainability professionals seeking to develop the skills needed to understand and engage with a range of stakeholders to optimise approaches to sustainability are invited to take part in a free, online masterclass taking place on Wednesday 28 November.

The UK and Scottish Governments are among the five governments and cities to sign up

Business giants join Ellen MacArthur Foundation's global commitment to eradicate plastics pollution

Business giants, financial investors, non-profit organisations and national Governments have vowed to eradicate plastic waste and pollution, as part of a new Global Commitment spearheaded by the Ellen MacArthur Foundation.

Polyethylene terephthalate (PET) beverage bottlea will incorporate 33% recycled PET content by 2025

PepsiCo to use 25% recycled content in plastics packaging by 2025

Beverage giant PepsiCo has revamped its approach to plastics by pledging to use 25% recycled content in plastic packaging by 2025 and working with suppliers and partners to advocate for improved recycling infrastructure and policy across the globe.

Through the partnership, the two companies will invest in recycling structure capacity and develop new, closed-loop processes and business models

Unilever partners with Veolia to create circular economy for plastic packaging

Consumer goods giant Unilever has today (24 October) agreed a partnership with waste management Veolia, which will see the companies work together to develop innovative solutions to the plastic waste crisis.

The Government has shed more light on the implications a 'no deal' Brexit could have on the nation's green economy

Could a 'no deal' Brexit be a 'golden opportunity' for the UK's green economy?

In light of the Government’s latest wave of 'no deal' Brexit planning updates, resource management experts have claimed that the scenario could force the UK to manage its waste more efficiently.

H&M Foundation's innovation lead Erik Bang says 'seeing is believing' when it comes to changing consumer behaviours around textile recycling

Fashion industry 'playing catch-up' with the circular economy, says H&M Foundation

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P&G has pledged to ensure all packaging is 100% recyclable or reusable by 2030

P&G joins Circular Economy 100 to accelerate closed-loop transition

Procter & Gamble (P&G) is among four new corporate members of the Circular Economy 100 (CE100), the innovation platform launched by the Ellen MacArthur Foundation to accelerate circular economy ambitions.

This week's best innovations could drive significant change across the packaging, waste management and fashion industries

Plastic-fighting bubbles and AI-powered bins: The best green innovations of the week

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Cheshire explained that greenhush and greenwashing could both harm business reputations. Tucker Images

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The chairman of Barclays UK and Debenhams had suggested that the business community has a "moral imperative" to deliver and communicate real change that brings in new business models to alleviate key climate concerns.

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Another month has passed which means it's time to remind ourselves of September's most-read sustainability stories and standout pieces of content from September - from massive plastic phase-outs and circular economy masterclasses to new supply chain commitments and a discussion about the future of CSR.

Unilever has committed to increasing the recycled plastic content in its packaging to at least 25% by 2025

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LAST CHANCE to enter the Sustainability Leaders Awards 2019

Its Deadline day for the revamped Sustainability Leaders Awards, meaning that if you want your green business project, strategy or team to get the recognition it deserves, entries must be submitted by 5pm TODAY.

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SUEZ hosted a string of workshops to gauge stakeholder opinion on policy changes

SUEZ calls for extended producer responsibility system to spark 'waste revolution'

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edie's Matt Mace and Ball Corporation's Ramon Arratia discuss the new resource efficiency paradigm

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Henkel will explore closed-loop partnerships and solutions which enable consumers to reuse packaging

Henkel bolsters its sustainable packaging strategy

German chemical and consumer goods firm Henkel has joined the corporate war on waste with a pledge to ensure consumers can recycle, reuse or compost its packaging by 2025.

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Burberry to stop burning unsold products as part of resource efficiency drive

Luxury fashion brand Burberry has announced it will stop destroying products deemed unsaleable with immediate effect, just months after it was revealed that the brand had burned more than £28m worth of stock over the past 12 months.

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Future thinkers: 20 sustainability and CSR experts have shared their views on what the future holds for green business

Thinking forward: 20 business leaders define the next 20 years of sustainability - Part two

EXCLUSIVE: In the second half of a two-part feature, edie brings you the voices of 20 sustainability professionals and political activists to discuss what will define the next two decades of corporate sustainability and business leadership.

Brewster Bros anticipates that by selling recycled products made at the facility, the plant will achieve an annual turnover of £3m

UK's largest recycling centre opens in Scotland

The UK's largest recycling centre has officially opened in Livingston, Scotland, on the same day that waste experts called on the UK Government to scrap weight-based recycling targets post-Brexit.

The jeans, which took more than a year to develop, are  made from organic cotton and coloured with dye derived from plant waste

Cradle to Cradle: C&A launches 'world's most circular' jeans

Fashion retailer C&A has this week launched the world's first Gold level Cradle to Cradle (C2C) Certified jeans, and is now providing other clothing brands with the tools they need to produce equally sustainable denim garments.

Schreve said that investors need to ensure that the green finance market focuses on backing “quality” over quantity for environmental and social funding opportunities

How ING is avoiding greenwash in the new green finance era

EXCLUSIVE: ING's global head of sustainable finance Leonie Schreve believes that stronger internal relations between the finance and sustainability departments within businesses will create more access to green loans and bonds to assist the low-carbon transition.

edie spoke to the company’s responsibility programme director Pauline Bohl before the revelations of burning stock became public knowledge

The burning question: Can Burberry spark a resource revolution in the fashion industry?

EXCLUSIVE: In contrast to the public uproar over the burning of almost £30m worth of stock, luxury fashion brand Burberry is on a journey to "foster business models" that redefine waste and embed the circular economy into an industry riddled with "fast fashion" discrepancies.

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Cup innovations, blockchain trials and the Sustainability Leaders Awards: Top 10 sustainability stories of July 2018

Aside from the never-ending heatwave, it was a month of climate-positive pledges, battery storage boons and the official launch of edie's 2019 Sustainability Leaders Awards. Take a look back at July's biggest sustainability stories in this round-up.

Around 15 million tonnes of used textile waste is sent to landfill each year in the US

Delta Air Lines to recycle 158 tonnes of old uniforms in textile diversion scheme

Delta Air Lines has announced that it will send more than 158 tonnes of its old uniforms to be upcycled or recycled in what it claims will be one of the largest textile diversion schemes by a single US-based corporation.

Late last year, Hubbub took a boat made from 99% recycled plastic on its maiden voyage from London's Canary Wharf Docks

Starbucks' nationwide 5p cup charge to fund Hubbub's waste-cleaning boat

Starbucks has this week introduced its 5p paper cup charge to all 950 UK stores, with the proceeds of the charge to be used by environmental charity Hubbub to fund a plastic boat set to clean up waste in the Thames.

The company’s Breaking the Plastic Habit campaign is a year-long scheme to pilot new technologies, innovations and behavioural change approaches to help reduce reliance on plastics

Canary Wharf Group commits to becoming world's first plastic-free commercial centre

Canary Wharf Group (CWG) has pledged to become a plastic-free community across its 16.5 million sq. ft London real estate, in a bid to help businesses and the wider community reduce the amount of single-use plastics in circulation.

On the Mission Possible sofa with Interface's Jon Khoo and Kingfisher's Caroline Laurie

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Fashion and textiles are considered the second largest contributors to pollution in the world accounting for 10% of global carbon emissions

Luxury sector unites to create roadmap for sustainability

Major luxury firms such as Ralph Lauren, Louis Vuitton and Chanel have developed a sustainable roadmap to help the sector address the challenges posed by climate change, biodiversity loss and rising economic inequality.

The metrics aim to help corporates assign a monetary value to natural resources which are often depleted through the sourcing of raw materials

Business giants launch new natural capital metric

A global network of big-name companies including Mars, Asda and Primark have today (July 11) unveiled a new set of metrics to help other organisations identify, measure, and value impacts and dependencies on natural assets, raw materials and natural infrastructure.

Almost one-fifth of sustainability leaders think 100% of their range will be low-carbon by 2028

Majority of products to be low-carbon within a decade, say firms with science-based targets

The majority of executives at global corporations which are leading the transition to a low-carbon economy believe most of their company’s branded products or services will be classed as low-carbon by 2028, new research has revealed.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Plastic-free supermarkets and lessons in leadership: This week’s top 5 sustainability success stories

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

Sandrine Ricard told edie that all 17 SDGs will be applied across the firm's operations, from offices to its supply chains

Pernod Ricard to embed SDGs in sustainability strategy

EXCLUSIVE: Beverage giant Pernod Ricard is set to align its sustainability strategy, which also applies to its owned brands such as Chivas Brothers, Malibu and Absolut Vodka, with the UN's 17 Sustainable Development Goals "in the near future".

Thomas believes collaborative approaches hold the key to tackling waste and embedding the circular economy as a “business as usual” approach

Plastic pledges provide gateway to circular economy, says John Lewis

The recent focus on plastic pollution has given sustainability professionals an opportunity to "reframe the narrative" on resource efficiency to move business models towards the circular economy, John Lewis's sustainability manager Ben Thomas has claimed.

The training will be offered to 15 of ASOS' core designers this month, with a wider rollout in the pipeline

ASOS launches circular fashion training programme

Online fashion retailer ASOS has this week launched a new sustainable fashion training programme for designers, in a bid to minimise the environmental impact of its operations and stock more closed-loop clothing and accessories.

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The innovation could help plant waste be re-purposed into resources for countless industries

Scientists create 'promiscuous' enzyme that turns plant waste into sustainable products

Scientists have created a new family of enzymes which break down plant waste into high-grade, high-value materials that can be converted into nylon, plastics and biofuels.

Through a partnership with Thread International and the First Mile Coalition, HP purchased 170 tonnes of PCR plastic from Haiti last year

HP used eight million 'ocean-bound' plastic bottles in products last year

HP has revealed that it has diverted 170 tonnes of plastic from the oceans over the past 12 months, after pledging to recycle "ocean-bound" plastic bottles for use in its range of ink cartridges.

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edie invites sustainability professionals and industry experts onto the Mission Possible sofa to discuss how business can achieve a sustainable future

On the Mission Possible sofa with UK GBC's Alastair Mant and the EIC's Matthew Farrow

The fourth episode of our new sustainable business chat show sees the UK Green Building Council's (UK GBC) head of industry engagement Alastair Mant joined by the Environmental Industries Commission's (EIC) executive director Matthew Farrow to discuss the role of collaboration.

The initiative aims to tackle issues like coral reef degradation, marine litter and overfishing

Businesses team with UN to plot course for 'healthy' oceans

Oil and gas firm Total, insurance giant Gard AS and Norwegian maritime conference Nor-Shipping are among the six corporations which will lead a new United Nations (UN) initiative to help the private sector tackle ocean issues including overfishing, marine litter and acidification.

Green Alliance produced the report for a group of businesses that have formed a circular economy taskforce

Recycled plastic could supply three-quarters of UK demand, report finds

Plastic recycled in the UK could supply nearly three-quarters of domestic demand for products and packaging if the government took action to build the industry, a new report said on Thursday.

Landsec avoided £2.5m in landfill tax by sending no waste to landfill last year

Landsec achieves zero-waste-to-landfill goal

Property developer Landsec has achieved its zero-waste-to-landfill ambition and is within touching distance of its 2020 target of recycling three-quarters of its waste, having sent 74.9% to be recycled in 2017.

Mike Barry discussed plastic pledges, stores closures and consumer demand following the release of the retailer's Plan A sustainability update

Paradigm shift: How ‘unsatisfied customers’ are driving M&S’s sustainability progress

With Marks & Spencer (M&S) publishing the latest update to its Plan A sustainability strategy this week, the retailer’s director of sustainable business Mike Barry explains how mounting consumer pressures have helped to accelerate progress towards delivering sustainable products and packaging.

Ikea’s climate positive ambition aims to fulfil the retailer’s contribution to the Paris Agreement through an emissions reduction across the value chain that is aligned to climate science

Ikea to ban single-use plastics, targets 'climate-positive' status under new strategy

Removing all single-use plastics products from its range globally, eliminating more greenhouse gas emissions than its value chain emits, and generating more renewables than it consumes are all headline goals of Ikea's updated People and Planet Positive strategy.

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The new plan forms part of the group’s five-year ‘one Kingfisher’ strategy, which was launched in 2016 and aims to transform the company’s structure by “unifying” its key brands

New sustainable growth plan acts as 'roadmap' to Net Positive for Kingfisher

EXCLUSIVE: Home improvement retailer Kingfisher has unveiled a comprehensive range of short-term sustainability targets in a bid to engage its customers and 77,000 employees in the company's long-term ambition of becoming "truly sustainable".

Each one-hour workshop will generate a specific output, which will be sent to all participants after the show, along with notes on the session's key discussion points

Final places remaining for free Mission Possible Workshops at edie Live

Sustainability and energy professionals have just a few days left to pre-book their place for a series of free 'co-creation' workshops taking place at edie Live on 22-23 May.

The campaign will encourage parents to donate surplus clothes to one of 42 participating Mothercare stores. Image: Hubbub

Mothercare and Hubbub expand baby clothing redistribution scheme nationwide

A pilot between environmental charity Hubbub and Mothercare to redistribute baby clothing is being expanded nationwide, after more than 20,000 items of clothing were allocated to around 2,000 families last year.

H&M, a core partner of the Make Fashion Circular initiative, has pledged to become truly circular by 2030

Big-name clothing brands team up to 'Make Fashion Circular'

Gap, H&M, Nike and Burberry are among the major brands which will lead a new Ellen MacArthur Foundation initiative that aims to help drive a circular fashion industry.

The UK recycles just 38% of its plastic packaging, while it ships more than 2.7 million tonnes of plastic waste to China every year

Plastics now a 'competitive issue' for business, CIWM chief warns

EXCLUSIVE: Eliminating unnecessary uses of plastic from production and supply chains is quickly becoming a "competitive issue" for businesses, with the Chartered Institution of Wastes Management's (CIWM) chief executive Dr Colin Church urging companies not to wait for legislation.

Analysis of the DRS in Norway by the Campaign to Protect Rural England (CPRE) found that businesses will not suffer losses from such a system

UK retailers 'will not suffer financial losses' from bottle deposit scheme

Retailers will not suffer financial losses from the introduction of a plastic bottle deposit return scheme (DRS) in the UK, according to an analysis of a similar system in Norway.

The company’s first group-wide sustainability report outlines plans to share best practice in supply chains to train professionals growers

AB Sugar targets water, carbon and plastics under new sustainability commitment

Global sugar company AB Sugar has launched its first ever group-wide sustainability report, outlining bold new commitments to cut carbon emissions and water use by 30% and ensure all plastic packaging is reusable, recyclable or bio-degradable by 2030.

More than 100 expert speakers will appear across four stages to provide visitors with the insight and inspiration they need to take action across all areas of sustainable development

edie Live 2018: Show programme complete as plastics and SDGs take centre stage

The show content for edie's annual exhibition has been confirmed, with plastics waste, the Sustainable Development Goals (SDGs), energy storage and employee engagement among the hot topics that will be debated across four theatres at the two-day show in May.

Annually, more than 60,000 tonnes of used glass bottles and jars – which could otherwise end up in landfill or littered, will be reused and transformed

In Practice: The 'world-first' closed-loop glass recycling facility

Knauf Insulation's aim to ensure that recycled contents are embedded into the products it manufactures has seen the company strike a long-term partnership with waste specialists Veolia to create a closed-loop system for glass waste.

A NextGen Cup Challenge will offer accelerator grants to start-ups that have prototypes for compostable or recyclable cups

Starbucks pledges £7m to develop coffee cup solutions

Starbucks has declared a "moon shot for sustainability" by unveiling a £7m funding challenge to develop recyclable and compostable coffee cups, as well as agreeing to new "bean to cup" traceability technology to improve sourcing practices.

Rugarli said that potential rental schemes were part of VF Corporation’s move to capture new business opportunities while placing sustainability at the forefront of product design

VF Corporation exploring servitisation to champion circular economy

EXCLUSIVE: Global clothing giant VF Corporation is exploring rental and service-based business models to promote the circular economy to its consumers, as the company pushes ahead with a new corporate strategy that commits to science-based targets and 100% renewable electricity.

Patel suggests that packagers, retailers and waste management organisations should work holistically to develop a singular brief for packaging

Are businesses thinking about the SDGs when targeting plastics?

The recent wave of pledges against single-use plastic could lead to unintended consequences due to a lack of cross-sector alignment that is failing to examine the role of packaging in delivering the Sustainable Development Goals (SDGs).

The proximity of the new facility to Knauf Insulation’s manufacturing plant, which sits next door, means that around 375,000 miles of road journeys will be saved

Veolia opens 'world-first' closed-loop glass recycling facility

A new £10m high-tech recycling facility which turns glass into insulation has been hailed as a "real boost" for the UK's circular economy.

Lidl UK joins the likes of Tesco, Co-op, Iceland and Aldi in publicly backing a deposit return scheme for plastic containers

Lidl UK exploring deposit return scheme as part of plastic waste commitment

Lidl UK has today (9 March) unveiled a package of new commitments to reduce plastic waste, including plans to remove all single-use plastic bags, reduce the quantity of plastic packaging by one-fifth and consider a deposit return scheme for plastic containers.

edie Explains: The circular economy

This brand new edie Explains guide breaks down everything there is to know about achieving a circular economy for your business.

From plastic packaging to fast-fashion, the new guide explains how businesses can accelerate the circular economy transition

Achieving a circular economy: New business guide launched by edie

Organisations looking to accelerate the transition to a circular economy now have access to a comprehensive 'edie explains' guide which breaks down everything there is to know about achieving a zero-waste world.

Representatives from Tetra Pak, Iceland and James Cropper met at the Museum of Brands

Sustainable Business Covered podcast: Sustainable packaging and the plastics problem

edie travels to the Museum of Brands to discuss solutions to plastic waste and wider resource efficiency issues with business representatives from Iceland, Tetra Pak and James Cropper.

The upcycled garments are being donated to homeless charity, The Albert Kennedy Trust, which supports young LGBT homeless people in crisis

Virgin Trains hands over old uniforms to prison in recycling scheme

Prisoners at HMP Northumberland will take part in a recycling initiative which will see old Virgin Trains uniforms transformed into new textiles in a bid to reduce reoffending rates.

According to a study by GM Insights, the global car-sharing market is expected to increase by one third annually between 2017 and 2034

Auto giants launch EV-sharing platform in China

Chinese ride-sharing firm Didi Chuxing (Didi) has partnered with 12 automakers, including Geely Auto and the Renault-Nissan-Mitsubishi Alliance, to launch a new app-based, electric-vehicle-sharing platform.

Polymateria specialises in producing time-controlled biodegradation technology for synthetic and bio-based plastics

Ex-BT chief Niall Dunne on a mission to create the 'Tesla of plastics'

BT's former chief sustainability officer Niall Dunne is determined to use his role as the new chief executive of plastic producers Polymateria to "redesign the rules of an entire industry" and create practical solutions that can eliminate plastic pollution.

The Forum provided valuable insight into how sustainability professionals plan to deliver a thriving low-carbon, resource-efficient future

Mission Possible: 8 charts that show how business leaders are building a sustainable future

Hundreds of sustainability professionals gathered in London for edie's Sustainability Leaders Forum this week. Throughout the two-day event, delegates were asked to reflect on their thoughts on key drivers, and the results show that a sustainable future is possible.

In Davos, Dame Ellen MacArthur has announced the winners of the New Plastics Initiative which challenges innovators and business to find solutions to the scourge of plastics waste

Circular economy takes centre stage at Davos

Plastic waste is high on the agenda in Davos this week, with a host of corporate giants including L'Oréal, Mars and Unilever making commitments on their approach to packaging.

All sectors will be covered by the fund, image: ING

ING announces €100m Sustainable Investments fund

Dutch Bank ING has today (18 January) launched a €100m Sustainable Investments fund to help start-ups and innovative new business models scale up concepts and projects tailored for energy, water and resource efficiency.

The report encourages Member States to develop pricing mechanisms that support material reuse

Long-term policies can help business capture €324bn circular economy opportunity

A new report has called on European Union (EU) institutions to promote resource efficiency beyond the completion of the Circular Economy Package, by learning from best practice scenarios that could add €324bn to the EU's economy by 2030.

In addition to incentivising recycling, the Commission will instead pump money into initiatives that use raw materials other than oil

EU maps out plastics vision in new strategy

The European Commission presented on Tuesday (16 January) its eagerly anticipated strategy on how the EU intends to approach plastic production and pollution over the next decade and beyond.

Starbucks is working with Pentatonic to turn post-consumer plastic waste and coffee cups into furniture

Starbucks targets a plastics circular economy to drive waste management

EXCLUSIVE: There is no "competitive leverage" to be gained by failing to work with rival brands to tackle ongoing waste issues regarding paper coffee cups and the wider use of plastics, Starbuck's vice president of corporate affairs Simon Redfern has claimed.

The 25-year Environment Plan includes pledges to eliminate avoidable waste and introduce new safeguards for wildlife

25-year Environment Plan: UK unveils long-term strategy for 'greener future'

Theresa May has today outlined a vision for a "cleaner, greener Britain", unveiling the long-awaited 25-year Environment Plan which pledges to eliminate all "avoidable" plastic waste by the end of 2042.

H&M has a goal in place to source 100% recycled or sustainable materials by 2030

H&M launches sportswear range made from recycled polyester

Clothing giant H&M has unveiled a new sportswear collection for women that is predominately made from recycled polyester, bringing the company closer to its goal of becoming truly circular by 2030.

Vyvyan noted that a successful corporate strategy relied on embedding sustainability into day-to-day situations, the same way that a company would for employee engagement and satisfaction

Circular and digital transformations 'key' to enabling business growth

A growth in circular innovation and digital transformation are the "keys to a more sustainable future" that is currently being hindered by businesses that still view sustainability as an "add on" that requires additional resources and finances.

There will need to be a 40% increase in recycling in flats if the Mayor’s recycling target is to be met, it is claimed

London urged to address 'laughable' recycling rates

The London Assembly has called on Sadiq Khan to take a lead in increasing the capital's recycling rates, as damning figures highlight the sheer scale of the problem.

Companies are invited to sign up to the initiative, and in doing so will commit to reducing plastic use across operations and supply chains. Image: Dell

Dell spearheads global initiative to combat ocean plastics

Technology giant Dell is forming a collaborative initiative alongside General Motors and Interface to create the world's first commercial-scale supply chain for ocean-bound plastics, before they seep into waterways.

The free-to-watch webinar will take place on Thursday 7 December at 2pm and will conclude with a live audience Q&A

How to solve the plastics problem: Live edie webinar takes place AT 2PM TODAY

Interface, P&G, Surfdome and the Ellen MacArthur Foundation complete an all-star line-up of circular economy experts for edie's live, interactive webinar focused on plastic packaging sustainability - taking place today (Thursday 7 December) at 2pm.

In 2016, China imported 7.3m tonnes of waste plastics from developed countries including the UK, the US and Japan

Chinese ban on plastic waste imports could see UK pollution rise

A ban on imports of millions of tonnes of plastic waste by the Chinese government from January could see an end to collection of some plastic in the UK and increase the risk of environmental pollution, according to key figures in the industry.

African governments are working with the World Economic Forum and the EU to launch the African Alliance on Circular Economy

Are developing nations the ideal testing ground for circular economy practices?

As UN ministers look set to create a taskforce to eradicate the 'ocean Armageddon' of plastic waste and foster growth of closed-loop systems, a new Chatham House briefing paper suggests that the circular economy would enable developing nations to "leapfrog" to more sustainable frameworks.

The free-to-watch webinar will take place on Thursday 7 December at 2pm and will conclude with a live audience Q&A

Plastic pollution: Circular economy experts to discuss packaging solutions in live webinar TOMORROW

Representatives from Interface, P&G, Surfdome and the Ellen MacArthur Foundation complete an all-star line-up for edie's live, interactive webinar focused on plastic packaging sustainability - taking place this Thursday (7 December) at 2pm.

Ikea customers at the Greenwich store will be able to use cycle spaces and electric vehicle (EV) charging points free of charge

Ikea begins work on 'most sustainable' UK store

Global furniture retailer Ikea has started construction on a £100m new store in London which will be designed with an array of sustainable features.

The authors highlight a $500bn economic opportunity for the industry should it adopt a circular approach

Stella McCartney and Ellen MacArthur present roadmap for circular fashion industry

The sheer scale of textile waste caused by the clothing industry has been laid bare in a damning new report co-launched by Dame Ellen MacArthur and fashion designer Stella McCartney.