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Businesses explore opportunities of circular economy

30th April 2013

Andrew Raingold, Executive Director of the Aldersgate Group, said that businesses increasingly recognise that they have to act decisively to prevent an impending resource crunch.

Chairing the Resource Scarcity and The Circular Economy Conference for Sustainable Business Magazine, he said "We have heard from our speakers today that the resource crunch is not just a major risk for businesses, but also can be a net creator of jobs and growth. The fact that 43% of businesses recognise that they have to revise their product and service offerings, as demonstrated by the presentation by Tom Delay from the Carbon Trust, shows that corporate leaders are slowly waking up to this issue."

"The speakers today have also emphasised the need for collaboration and partnerships. The resource revolution challenge requires system level change and can rarely by addressed effectively by actors in isolation. That includes a strong and proactive role for Government."