Circular Economy- The Frontier of Sustainability

The corporate sector is facing an unprecedented number of challenges, including global supply shortages, geopolitical tensions, and inflation. The climate crisis and unsustainable resource consumption have also increased over the years, demanding immediate attention. As per a study carried out by the Global Footprint Network in 2019, Humanity is currently using nature 1.75 times faster than our planet's ecosystems can regenerate. The possible solution is a CIRCULAR ECONOMY, which has the capacity to reshape industries. Circularity represents the decoupling of economic growth from resource consumption. Companies have to now think in terms of conserving materials, extending a product’s lifetime through repair and reuse, and ultimately recycling it. The need to embrace circularity is increasing, and circular disruption is underway in many industries. A well-designed circular product can boost growth, cut costs, and build resilience. It will prepare the enterprise for a low-carbon future.
Developing circular products or strategies requires new ways of thinking. The conference will be a converging point to identify problems, reasons and innovative solutions towards the creation of an economy that works on the lines of MAKE, USE AND RECYCLE.