HKSTP organized a seminar named “Know More about Circular Economy – Benefit Both of Your Company and the Society!” on 21 Feb 2017. Ms. Catherine Touzard was the guest speaker and she is sustainability and circular economy consultant and teacher serviced in Cirulab. First, she introduced Cirulab’s network in 12 countries and introduced in Hong Kong since October 1916.
Then she briefed their mission that “Help companies to renew, innovate and rethink opportunities”. She used the following diagram to distinct among knowledge, experience and creativity.
Ms. Catherine Touzard also introduced their set of tools and business games to us.
After that she introduced the concept from Linear Economy to Circular Economy. She said based on linear economy that “we understand we will have rising issues concerning our raw material supply, but how to avoid it?”
She predicted “we are losing clients for lack of sustainability or social credentials.” And then questioned “threats of new regulations will make our life harder and responsibility higher as manufacturers, but how to anticipate?” Then she asked us to learn from the nature that “Nature in itself is a perfect economic circle.”
Finally, she introduced the circular economy from raw material to products and then reuse, repair and remake. So the recycling was the last step and could be skipped if previous steps were effectiveness and efficiency. The definition from Ellen MacArthur Foundation is “Circular economy is restorative and regenerative by design, and aims to keep products, components and materials at their highest utility and value at all times”.
During Q&A, Kevin Edmunds also shared our science park sustainability performance such as waste recycle system.
At the end, Ms. Catherine Touzard demonstrated their business game.
(P.S. My comment is that game seems to modify the Business Model Generation in which added sustainability items for consideration.)
HKSTP - http://www.hkstp.org
Circulab - http://www.circulabhk.com/