by Louella Fernandes
SOURCE:HP, Inc.
DESCRIPTION:
The circular economy, which is regenerative and restorative by design, is helping organisations to create more value while reducing their dependence on scarce resources. The print industry is already playing a leading role in the shift to a circular economy; a transition which has been driven by the desire for greater economic and environmental sustainability. Circular business models are well established across the product lifecycle – encompassing circular supply chains, recovery and recycling, product life extension and a move from product-based to service-based models. Meanwhile, digital innovations that leverage the cloud, the Internet of Things (IoT) and 3D printing promise to further spur the adoption of circular business models in the print industry.
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KEYWORDS: Business & Trade, Corporate Social Responsibility, Quocirca, circular economy, HP Inc