CIRCULAR ECONOMY: CHALLENGES AND REQUIREMENTS

CIRCULAR ECONOMY: CHALLENGES AND REQUIREMENTS

In today's business landscape, the circular economy is vital for companies to address environmental concerns, minimize resource scarcity, and stay competitive. By shifting from linear to circular models of production and consumption, businesses can reduce waste, optimize resource use, innovate more sustainable products and processes, and align with regulatory standards promoting sustainability.

Ultimately, transitioning to a circular economy fosters resilience, innovation, and inclusive growth, making it strategically important for companies in the modern era. However, the transition also underscores challenges for companies to overcome.