Currently, the majority of businesses operate under a system where resources are extracted and products made, used, and thrown away as waste.
This ‘linear’ model is unsustainable, and comes with a hefty price tag, too.
This is because the extraction of raw materials and their processing into products require significant amounts of energy and water.
As well as that, it harms the environment through greenhouse gas emissions and pollution.
At the end of the product’s life, it often ends up in a landfill, where it contributes to the global waste crisis and can release methane and other harmful gases.