Last week we took part in the Circular Economy week – the annual celebration of the circular innovation tackling the climate crisis.
Organised by ReLondon, the week of events united many forward-thinking people, businesses and initiatives, working towards a more circular future. We at Loopcycle believe that collective power is a driver for a more sustainable world. We’re proud to have been involved in this event and looking forward to returning next year.
Throughout the week, Loopcycle hosted a series of three events that unpicked the challenges and enablers of the circular economy from the perspectives of those people driving change within the industry, as a manufacturer and an operator of commercial equipment.
Our key takeaways:
- Foodservice Equipment Association plays an essential role in uniting the fragmented foodservice equipment industry, acknowledged as one of the biggest barriers for the whole industry to move towards a more sustainable future.
- If “carbon is the currency of the future” (Warren, K., ep. 1), then we see tracking of valuable secondary products for recovery and responsible management as an essential part of that future.
- A lack of knowledge of terminology relating to sustainability, including the principles of the circular economy, is a major barrier for manufacturers. Hence, education and adoption of a common language around sustainability agenda are crucial.
- Apart from uniting different industries, a focused, individually tailored approach to each manufacturing sector and company could help to improve their sustainability by understanding their challenges and needs, and most importantly, demonstrating the viability of sustainable solutions. Therefore, to sell the idea of a circular economy to the manufacturers, more successful case studies are needed.
- We also found that the net zero agenda is more familiar within the network of NHS trusts than the circular economy. But since the circular approach acts as an enabler of the net zero goal by 2050, they are inextricably linked. Yet, to prove the important role of the circular economy, this link must be established and communicated first.
Watch our series and find out more about the journey of how commercial equipment industries can go more circular by implementing Loopcycle’s product traceability platform in their net zero strategy at our YouTube channel.