Sustainable Business

SB June 2013

Sustainable Business magazine - essential reading for sustainability professionals

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Resource Revolution 2013 is beginning to wake up to processing its own materials from those streams." For big corporates leading on this agenda such as Unilever, the idea of circular value chains is now central to mainstreaming sustainability. Unilever's group environmental engineering manager Tony Dunnage revealed his company had undertaken more than 1,400 product lifecycle analysis assessments on its brands portfolio. "When you look from supply down to consumer, you need partnerships - the consumer is probably the most difficult area to navigate and engage with," he said. "What circular economy value chains really bring to the fore is social and economic dimensions - I think many organisations are doing it, but perhaps aren't labelling it as such." In terms of policy, Defra's director for climate, waste and atmosphere Dr Colin Church maintained it was important the thinking didn't "run forward too fast" during this time of transition. "We can come up with theoretical ideas on what the market failures or barriers are, but experience on the ground is needed here. We should be asking businesses 'What's stopping you?'." Sponsored by The debate 4/12 What is the Resource Revolution? The volatility of the global economy and significant evidence of resource depletion are making the business case stronger for government and business to find innovative solutions and business models. The Resource Revolution is a high level campaign led by SB's sister media platforms edie.net and LAWR magazine to raise awareness of how companies can utilise smarter resource management in the context of working towards a circular economy, where waste is designed out of the industrial eco-system. A circular economic model represents a multi-billion dollar opportunity for business to become more sustainable and resilient to future changes. Improving resource efficiency alone represents an £18bn-ayear opportunity according to research from Defra. On a global scale, recent McKinsey research showed that 30% of the world's demand for resources by 2030 could be met through resourceefficiency improvements, a potential economic benefit of $3.7tn a year. More information on the Resource Revolution and its outputs can be found at www.resourcerevolution.net and all photos can be viewed here Or, to be kept up-to-date with all the developments, register for the edie newsletter here.

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