Four years after becoming the fastest solo sailor to circumnavigate the globe, a 2005 record that still stands, Dame Ellen MacArthur founded the UK charity that bears her name to advance the sustainability that flows from a well-functioning circular economy.
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Every ton of plastic bottles recycled saves about 3.8 barrels of oil, says the Plastics Industry Trade Association, which has just launched a Zero Net Waste program to help members evaluate waste reduction opportunities and maximize landfill diversion.
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Circular economy can be applied to the universe itself and preserving finite resources, it can also be used as a business model. Business owners of all sizes can benefit from the school of thought associated with circular economy.
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The combination of skillful marketing and corporate social responsibility can yield a 3.5 percent gain in stock returns for a company’s shareholders, a new study by U.S. and Canadian researchers shows.
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The European Commission has adopted a new Circular Economy Package it says will help European businesses and consumers contribute to “closing the loop” of product lifecycles through greater recycling and re-use. But Members of the European Parliament are critical of the new package.
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A protest by the environmental justice organization Basel Action Network over an obsolete ship owned by Matson, Inc. being sent to a shipbreaker in India, prompted the shipping company to stop scrapping its vessels on the beaches of India, Bangladesh and Pakistan.
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