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Evaluate the components of a circular economy to maximize recyclability in a firm’s supply chain".

Additionally, this assignment will help you develop your understanding of Learning Outcomes #1, 2 & 3 of this course

Instructions: Foundational Concepts of Circular Economy (CE) and Application Exercise

Contextual Analysis: 8 marks, 200 words (max), bullet points

List at least 5 of the Founding Fathers of CE and their major contributions- p2-7 (Max.100 words)

User Vbp
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Final answer:

The circular economy aims to minimize waste through restorative and regenerative design. Notable contributions to CE include Ken Webster's systems thinking, Walter R. Stahel's product-life extension, Braungart and McDonough's Cradle to Cradle design, Ellen MacArthur's advocacy and foundation, and Jan Jonker's sustainable business models.

Step-by-step explanation:

Foundational Concepts of Circular Economy

The circular economy (CE) is an economic system aimed at minimizing waste and making the most of resources. This model represents a shift from the traditional linear economy, which follows a 'take-make-dispose' pattern, to an economy that is restorative and regenerative by design. The components of a circular economy include designing for longevity, maintaining, repairing, reusing, remanufacturing, refurbishing, and recycling materials and products.

Fathers of CE and Their Major Contributions

  • Ken Webster - Advocated for a systems-level change and emphasized the role of complexity and systems thinking in the circular economy.
  • Walter R. Stahel - Pioneered the 'performance economy' concept focusing on product-life extension, which is a key principle in CE.
  • Michael Braungart and William McDonough - Developed the Cradle to Cradle design philosophy, which underpins many CE principles.
  • Ellen MacArthur - Founded the Ellen MacArthur Foundation, a major proponent of the CE, working to transition to a circular economy.
  • Jan Jonker - Worked on creating sustainable business models and the transition to a circular economy.

User Orla
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