Workshop on Impact of Circular Economy Principles on Productivity and Sustainability

The circular economy is an economic system aimed at minimizing waste and making the most of resources. It represents a shift from a linear economy, which follows a “take, make, dispose” model, to a circular model that emphasizes eliminating waste and pollution, circulating products and materials, and regenerating nature to create a closed-loop system, as articulated by the Ellen MacArthur Foundation. These principles emphasize the need for innovation in product design, sustainable business models, and collaborative approaches across value chains.

In alignment with these principles, good practices and international standards, such as the ISO 59000 series, have been developed and highlight the importance of system thinking, value creation and sharing, resource stewardship, traceability, and ecosystem resilience. For APO members, adopting these circular economy principles is vital for fostering sustainable development and improving productivity. This workshop will discuss and share the strategies and approaches necessary to implement these principles, thereby contributing to the broader transition toward a sustainable, resilient economic system.

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