Sustainable value creation from circular economy and eco-design

In times of global competition, offering added value through your products is an important strategy to stand out among the crowd. This can be achieved in several ways and some options are just a perfect match for the circular economy concept: by extending the life cycle of products, by means of reuse, repairs ... companies can cash in on added value and deploy their resources to the maximum.   

Shrinking raw material stocks, rising prices, the growing waste streams ...  the need for a circular economy is on the rise. The circular economy aims to keep materials constantly in use and wants to get rid of the existing ‘mine-make-throw away’ model. This can not only be achieved by better recycling habits, but also mainly by using products longer or more intensively or by repairing and reusing products and product components. The circular economy makes it possible to make more optimal use of valuable raw materials.

Circular economy starts from that added value which companies can cash in on by extending the life cycle of products, by reuse, repairs ... and thus use the available resources more adequately. This way, the increased functionality - products are used longer - also requires a smaller environmental impact. In production companies in the Belgian technology industry alone, circular economy measures such as waste prevention, reuse and eco-design can generate a 6.4 percent growth.

Read in our 2017 Annual Report how Sirris and Agoria are taking the lead through different projects related to circular economy and eco-design. Also read how companies like Worldline, Wuyts, BMT Aerospace and Stillemans have successfully handled their specific situation