The latest research conducted by global management consultants Accenture has found that the circular economy could generate $4.5 trillion in additional economic benefit by 2030. The research is unveiled in a new book, Waste to Wealth, identifies and analyses the impact of circular economy based business models.
Accenture’s research looks into the issue of volatile commodity prices and scarce resources, taking into account the benefits of decoupling growth from the consumption of finite materials and energy. It also takes into account the opportunities to maximise usage and profit from assets and products offered by emerging digital strategies, including combinations of mobile, machine-to-machine and data analytics.
Source: Waste to Wealth: Creating advantage in a circular economy
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