Circular Economy

Code

733

Start Date

2025-09-07

End Date

2025-09-18

City

Beijing

Price

7950 $

Language

Participants

1-15

Hotel

Meeting Room

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Course content

The circular economy is designed to provide an alternative to today's linear economy "take-make-waste". In a circular economy, all systems are designed to be regenerative so that materials are recycled. A circular economy contributes to sustainable development that ideally maintains the quality of life for consumers and is achieved without loss of revenue or additional costs for producers. In this regard, circular business models can have the potential to be as profitable as linear models. The circular economy is influenced by choices and strategies on behalf of suppliers, designers, companies, decision makers, consumers and other stakeholders.

This course will cover:

Companies' value creation through reuse and recycling of products
Design of smart solutions
The importance of sustainable business models for the circular economy and sustainable development

What will you learn?

The Participant should be able to be aware of the complexity of circular economy and the connection with a holistic approach to sustainable development.
The Participant should be able to address opportunities for circular economy in relation to an optional case.
Participant should be able to select an appropriate methodology for product design that contributes to an increased degree of circular economy.
The Participant should be able to make decisions by applying theoretical and practical knowledge of sustainable business models.
The Participant should be able to contribute to new ways of thinking towards a paradigm shift within the economy and society.
The Participant should be able to see differences and connections between a linear and circular economy.
The Participant will evaluate possible sustainable business models that contribute to the circular economy. Students should be able to realize the potential for circular economy on behalf of a case.

Outline :

Unit 1: Introduction to Sustainability and Natural Capital

Define sustainability and its link to over-consumption and over-production from a business and economic standpoint.
Describe multiple metrics for measuring sustainability, including the Triple Bottom Line (TBL); environmental, social and governance (ESG); and the UN sustainable development goals (SDGs).
Analyse the sustainability initiatives being employed by some of the world’s most recognizable companies and brands.

Unit 2: The Circular Economy and Sustainable Business Models

Define the fundamentals of a circular economy and the characteristics of a circular business model.
Distinguish between linear and circular business models.
Learn how to circularise a linear business model.
Describe the business benefits of transitioning to a circular business model.

Unit 3: Building a Sustainable Organization

Analyse the importance of building a sustainable culture in organizations.
Learn how to build a sustainable culture in organizations, including how to incorporate other business strategies into the process.
Recognize and make plans to avoid the potential pitfalls that arise when changing organizational culture.

Unit 4: Enablers of Sustainability

Analyse how circularity enables sustainability.
Describe the various other enablers of sustainability.
Learn how to design waste out of your business processes.

Unit 5: Driving Innovation through Impactful Solutions

Learn how sustainability can drive innovation.
Describe innovations that have improved sustainability.
Use the ReSOLVE framework as a springboard for creating sustainable innovations.

Unit 6: Impact Investment: Fundamentals and Characteristics

Describe the characteristics of sustainable finance.
Learn how impact investments are measured.

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