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Circular Economy

The circular economy recognizes a combination of business models that expand beyond recycling to underpin resource efficiency through reduction and reuse. Models such as products as service, resource recovery, and sharing platforms focus on expanding product lifespan and maximizing use of material to increase their value at the design stage and at end-of-life.

Circulytics supports a company’s transition towards the circular economy, regardless of industry, complexity, and size. Going beyond assessing products and material flows, this company-level measuring tool reveals the extent to which a company has achieved circularity across its entire operations. It does this by using the widest set of indicators currently available: enablers and outcomes. Circulytics:

This Policy Brief is the first in a Smart Prosperity Institute series on the circular economy and Canada. It is an introduction to the circular economy concepts and landscape, written for both government and business audiences. It provides a foundation in the key concepts of the circular economy (section 2), including a look at how these fit with the Clean Growth model that is the focus of present Canadian efforts to shift to

a more environmentally sustainable economy (Box 1, the topic for a future Brief in this series).

In March 2018 RCO co-hosted a workshop with Toronto to demonstrate how procurement links with the circular economy and waste reduction through engaging presentations and sector case studies, as well as other opportunities:

  • variety of workshop exercises on procurement
  • examination of roadmaps that integrate circular economy principles into procurement
  • evidence of benefits and learn how to quantify them in economic, social, and environmental terms
  • how resource efficiency and circularity can be delivered in practic

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