Servitisation and the circular economy: How can businesses encourage shoppers to consume less?
Often, when businesses make resource efficiency commitments, they stop short of committing to shifting to business models that will see them selling fewer products. But why - and which businesses have overcome this challenge?
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.
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.
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.
Policy must catch up with business ‘ingenuity’ on resource efficiency, says Corporate Leaders Group
Business "ingenuity" on resource productivity has "moved ahead of the policy agenda" and politicians need to introduce new legislation that fosters the circular economy and service-based business models, according to the director of The Prince of Wales's Corporate Leaders Group (CLG).
Circular trailblazers: Mapping the journey to a closed-loop business model
As waste and resource scarcity issues have an increasing impact on supply chains across the world, edie explores how two circular economy leaders - HP and Philips - are continuing to navigate a complex minefield of challenges in their mission to drive a global resource revolution.
Customers at the heart of sustainable business model transition, says HP
EXCLUSIVE: Hewlett-Packard's (HP) push towards a circular economy and servitisation-based business model has seen the relationship between the IT company and its customers evolve from one based purely on transactions to a point where customer demand is now helping to advance closed-loop initiatives.
Internet of Things ‘can unlock huge range of circular economy opportunities’
EXCLUSIVE: The Internet of Things (IoT) phenomenon will play a "critical role" in creating efficient reverse logistics within supply chains, with big players such as Samsung, eBay and UPS already recognising its potential, the UK trade association for the technology sector has said.
Servitisation is the ‘posterchild’ for the circular economy, says Veolia
EXCLUSIVE: Companies looking to accelerate the transition to a resource-efficient future by adopting closed-loop principles should take advantage of servitisation - dubbed the "posterchild" of the circular economy by Veolia's head of circular economy at edie Live today (17 May).
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