With dwindling resources, a virus upsetting international trade, as well as new trade tariffs making it more sense to use what we have within the UK to create our own growing economy.
There are now grants and funding available to companies that wish to adopt more circular business models. Before you look for them it would be a good idea to assess the ability of your business to transform into a better growth model. The Ellen MacArthur Foundation (EMF1) just released Circulytics giving you the ability to measure your existing circularity, it was created by Elodie (who I met late last year) and the team at EMF1.
If you are working in sustainability as part of a Corporate Social Responsibility (CSR) element within your business or purely wish to track the Carbon Footprint of your business there are a lot of “Consultants” vying for your attention. However to jump that often painful process (IMHO Spreadsheet-hell) a company in Edinburgh has created “Compare Your Footprint” an online process that cuts out so much of the pain. I can vouch for Will and his team at Green Element who identified the need back in 2018.
I reference “Our House is on Fire” the new book by Greta Thunberg’s mother, documenting their life both before her rise in the fight of our our Climate crisis to fairly recent times. An astonishing struggle as parents and kids, right through to the blossoming of their daughter and their family. They faced a traumatic situation in their family that required a jump-start, a change that would take them down a new path, which has allowed them to fight another day.
Will your business be faced with changes in the coming months and years brought on by the growing restrictions on international travel and the introduction of new tariffs on goods, making your business less profitable?
As business owners we take on the responsibility of what we leave behind, we have to balance the books and ensure that we keep our teams employed in an environment that goes on beyond our own legacy, that we pay our debts and “do our bit” for the community we serve. As you fight to grow your business, develop new product lines and deliver even more exceptional services will you choose to matter, will you choose to take the leap before it is too late?
The Ellen MacArthur Foundation (EMF1) released this Circular Economy explainer video (4mins) in 2011.
Re-thinking Progress: The Circular Economy
EMF1 = Ellen MacArthur Foundation