The Circular Economy and business models for profit

Changing Careers with Conrad Chua

We explore how businesses can minimize waste, promote sustainability, and generate economic growth by adapting concepts of the circular economy. We will learn how circularity can be implemented in an industry and how it can benefit the environment while still maintaining a profitable business model. Rina L. Einy has a lifelong career in the fashion industry and started culthread, a slow fashion brand that uses recycled materials to make stylish and top-quality clothing. This is an important concept given the amount of waste that the global fashion industry produces. They talk about ways to reduce waste in the fashion industry by designing durable products, using sustainable materials, and creating efficient supply chains. David Block is CFO/COO for circulee, which is on a mission to make green IT simple and accessible for businesses of all sizes. Ewaste is another global problem and so any way to reduce e-waste by repairing, reusing, and recycling of IT products is key. The circular economy is becoming increasingly important in today's business landscape. As consumers become more environmentally conscious, companies that implement circular practices will be better positioned to meet their expectations and succeed in the marketplace.