Circular Economy Training in Barcelona in Review

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Thank you for visiting the Finch & Beak website. Finch & Beak is now part of SLR Consulting, a global organization that supports its clients on setting sustainability strategies and seeing them through to implementation.

This is an exciting time for us, as our team now includes an array of new colleagues who offer advisory and technical skills that are complementary to our own including Climate Resilience & Net Zero, Natural Capital & Biodiversity, Social & Community Impact, and Responsible Sourcing.

We would like to take this opportunity to invite you to check out the SLR website, so you can see the full potential of what we are now able to offer.

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On 11 October, Finch & Beak hosted the first Accelerating Your Circular Economy Game Plan executive training in Barcelona. Participants included representatives from a wide range of industries across Europe, including food, energy and chemicals. Using established business tools, and a real-life case from circular frontrunner Interface, participants were challenged to develop business cases for the circular economy.

Downloads

Value Proposition Design for the Circular Economy

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Developing Your Own Circular Economy Solutions

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Real-life case of Interface – Frontrunner in the Circular Economy

Practical circular economy applications were introducted by cases from Adidas & Parley and Umicore’s rechargeable car batteries.

Geanne van Arkel, Head of Sustainable Development at Interface, presented the company’s journey towards becoming one of the most sustainable companies in the world. The modular carpet company has set itself the very ambitious target of becoming restorative in its production by 2020. Afterwards, participants were challenged to develop a value proposition and business model for circular solutions that enable Interface Spain to contribute to the company’s global objective of having reuse and recycling options available in all regions by 2020.

Key lessons learned

From the training and case-work, six key focus points emerged for successful development and implementation of circular business models.

Pay attention to the diversity of teams

When substituting raw materials: secure the circular resource for the long-term

Be careful with too much data early on in the value proposition design process

Learn from others inside ánd outside your sector as well as from nature

Asset-sharing: Lease versus Buy options can become a tradeoff of care versus cash i.e. leasing can be cheaper but the asset could need more maintenance

Consider and involve your value chain partners from the start

The attached download provides the flow of the training program in the form of a booklet, including information on the circular economy, Value Proposition Design, circular business models and the Business Model Canvas.

If you would like to accelerate circular economy programs within your company, Finch & Beak has developed the Circular Economy Sprint. Please contact us at hello@finchandbeak.com for more information.