Circular Economy

Did you know…out of 0.5 trillion tonnes of virgin materials used around the world, only 8.6% are circled back into new products. (The Circularity Gap Report 2022)

WHAT IS CIRCULAR ECONOMY AND CIRCULARITY

The term Circular Economy describes an economic model that maximizes the value of all materials and energy while also preventing waste across the entire product value chain. In a circular economy waste is reduced or eliminated, and the use of new resources is minimized by bringing traditional waste products back into production, by extending product life-cycles and by using renewable resources and energy. It’s unlike a linear economy, sometimes called the ‘take-make-waste’ model, which relies on large amounts of material and energy while producing a lot of waste.

The Circular Economy is a systems-based solution framework that can be applied at the local level to help businesses and communities implement sustainable practices and help tackle global challenges like climate change, biodiversity loss, waste and pollution. The three main principles of circularity include:

  1. Design out waste and pollution
  2. Keep products and materials in use
  3. Regenerate natural systems

The term circularity is sometimes used to refer to a set of business practices that contribute to the Circular Economy. 

THE MANITOBA SUPPLY CHAIN CONTEXT

Supply chain management is a central function in every organization across the economy and therefore plays a critical role in helping drive the transition towards a Circular Economy. Supply Chain Manitoba recognizes the importance and value of circularity to our environment, our economy and to the health and prosperity of Manitobans. We will provide a central platform to engage and inform supply chain professionals across our economy to position Manitoba businesses and organizations for success in the rapidly evolving Circular Economy.

There are many ways in which businesses can implement environmentally sustainable, circular economy practices. Read on and check back often. And don’t forget to take the quiz to be entered to win one of four cash prizes!

What is Circular Economy?

Mike Fernandes, Owner of StrategyMakers Consulting explains how circular economy expands on sustainability concepts—reduce, reuse, recycle recover—applying systematic ways to extract value from the supply chain. 

TOOLS AND INFORMATION FOR SMALL & MIDSIZE ENTERPRISES

You can find tools, information and resources here that have been especially developed and curated to meet the needs of Manitoba businesses and organizations. Check back often, and let us know if you run across any tools or resources you think we should add.

MANITOBA EXAMPLES

UPCOMING TRAINING & AWARENESS SESSIONS

September 7 | 8:30 AM – 5:00 PM

Cultivate: Sustainability Conference & Trade Show

Hosted by Food and Beverage Manitoba

September 20, 2022 | 11 am CDT

Sustainable Supply Chains: The Circular Economy Solution

The circular economy is gaining worldwide recognition as a remodeling of our current “take-make-waste” system into one that circulates resources by sharing, reducing, reusing, repairing, remanufacturing, upcycling, and recycling. With so many applications of the circular economy throughout the supply chain, it can be tough to know where to start or even how to reimagine a new way of operating.

October 11-12 | All Day

2022 MARR Manitoba Recycling & Waste Reduction Forum

November 24 | 8:00 am – 6:30 pm

Emerging Issues Conference

Manitoba Environmental Industries Association

STRATEGIC PARTNERS & FUNDERS