Ikea tests renting out furniture as eco-friendly plan
The aim is to match shoppers' demand for a more sustainable business model, he told the World Economic Forum in Davos, to create a more “circular” economy. “If the last decades were about mass consumerism, now we are getting towards mass circularity,” he said, adding that Ikea is also developing … Source: Circular Economy News Permalink: […]
Axion studies higher aluminium content for new cars
Richard McKinlay, head of circular economy at Axion, explained that the project will “refine the process of turning aluminium from 'end-of-life' cars into new vehicles”. He added: “It will continue to deliver significant sustainability benefits, with aluminium recycling requiring up to 95% less energy than … Source: Circular Economy News Permalink: Axion studies higher aluminium content […]
Coca-Cola launches 'Word Without Waste' campaign
To execute its recycling plans, Coca-Cola will partner with circular economy experts and organisations, including Ellen MacArthur Foundation's New Plastics initiative, the World Wildlife Fund and the Ocean Conservancy/Trash free Seas Alliance. The move comes as more and more retail, food and … Source: Circular Economy News Permalink: Coca-Cola launches 'Word Without Waste' campaign Coca-Cola launches […]
11 leading companies pledge to recycle 100% packaging
The companies have been working with the Ellen MacArthur Foundation to hasten the transition to a circular economy. The Foundation estimates the 11 companies are responsible for six-million metric tonnes of plastic packaging each year. Amcor is a global packaging company and becomes the first … Source: Circular Economy News Permalink: 11 leading companies pledge to […]
Spotlight: One year on, Xi's global vision sets tone for Davos brainstorming
At the same time, we increasingly see China's globalizing enterprises playing a responsible role on the international stage, for example in the area of trade and the circular economy," Schwab told Xinhua in a recent interview. The Chinese president first brought up his idea of building a global community … Source: Circular Economy News Permalink: Spotlight: […]
Hyd-based Banyan Nation bags award at WEF
The model is referred to as circular economy which is opposite to linear economy where raw materials after used are not recycled. The start-up works in recycling plastic waste collected by rag pickers into granules of virgin plastic — better plastic, a registered trademark product. Banyan Nation was … Source: Circular Economy News Permalink: Hyd-based Banyan […]
Xi set agenda in 2017 for this year's forum, Davos mayor says
James Pennington, project specialist of the World Economic Forum's Circular Economy initiative, has been closely watching how China has been turning Xi's calls in his speech into reality, saying in the year following the president's remarks China has doubled down on a number of core areas outlined in … Source: Circular Economy News Permalink: Xi set […]
Ikea boss says it pays fair share of tax
Mr Brodin is at the World Economic Forum in Davos to talk about the so called circular economy where products are used for as long as possible before being broken down and used to make something else. Ikea has pledged to eliminate waste from its operations by 2020. Mr Brodin, who was previously … Source: Circular […]
Davos jargon: A crime against the English language?
The annual World Economic Forum takes place amid freezing temperatures in snowy Davos, but inside the myriad meeting rooms and conference halls, there's more than a little hot air. Some of this is generated by a form of English unique to this gathering, which can be mystifying – even to the seasoned … Source: Circular Economy […]
'We are at a critical juncture': Unilever demands industry action on plastic waste
Consumer goods giant Unilever has issued a clarion call for the wider industry to step up efforts to tackle the "mounting challenge of ocean plastic waste", setting out four key actions it claims can help create a circular economy for plastic packaging. Company CEO Paul Polman yesterday welcomed news … Source: Circular Economy News Permalink: 'We […]