… Elements are considered as 'fitting in' their infrastructure, environment and social context.

Ross, M (Producer), & Morgan, A (Director).
This shifted attention towards business-model innovation as a key leverage for 'circular' technology adaption.Circular business models can be defined as business models that are closing, narrowing, slowing, intensifying and dematerializing loops, to minimize the resource inputs into and the waste and emission leakage out of the organizational system. Besides, 56% of the companies designed for recycling. Platform for Accelerating the Circular Economy (PACE)Development of ISO/TC 323 circular economy standardPlatform for Accelerating the Circular Economy (PACE)Development of ISO/TC 323 circular economy standardHysa, E.; Kruja, A.; Rehman, N.U. Lazarevic, D., & Valve, H. (2017). the Dutch council for the Environment and Infrastructure (Dutch acronym: Rli) provided a new framework in which it suggests that the logistics industry can provide other ways to add value to the different activities in the Dutch economy, such as, an exchange of resources (either waste or water flows) for production from the different industries, in addition, to change the transit port concept to a transit hub. The companies either offer flexible pricing in a 'pay as you rent' model like Another circular initiative is offering a take-back program. 2019 Theme Days RESOURCES.

; Laurenti, R. Circular Economy Innovation and Environmental Sustainability Impact on Economic Growth: An Integrated Model for Sustainable Development. Moreover, the Rli studied the role of the logistics industry for three sectors, agriculture and food, chemical industries and high tech industries.The Netherlands, aiming to have a completely circular economy by 2050When it comes to the furniture industry, most of the products are passive durable products, and accordingly implementing strategies and business models that extend the lifetime of the products (like repairing and remanufacturing) would usually have lower environmental impacts and lower costs.The EU has seen a huge potential for implementing a circular economy in the furniture sector. Sustainability 2020, 12, 4831., Clift & Allwood, "Rethinking the economy", The Chemical Engineer, March 2011Corvellec, Hervé (2019). Currently, out of 10,000,000 tonnes annually discarded furniture in the EU, most of it ends in landfills or incineration. It provides 18 million direct jobs and contributes to about 9% of the EU's GDP.Decision making about the circular economy can be performed on the operational (connected with particular parts of the production process), tactical (connected with whole processes) and strategic (connected with the whole organization) levels. "Narrating expectations for the circular economy: Towards a common and contested European transition".
Operating with circular business model, rental services offer everyday fashion, baby wear, maternity wear for rent. Proponents of the circular economy suggest that a sustainable world does not mean a drop in the quality of life for consumers and can be achieved without loss of revenue or extra costs for manufacturers. Findings from the literature show that researchers have focused on different areas such as industrial applications with both product-oriented and services,The circular economy includes products, infrastructure, equipment and services, and applies to every industry sector.The circular economy was further modelled by British environmental economists In 1982, Walter Stahel was awarded third prize in the Mitchell Prize competition on sustainable business models with a paper The Product-Life Factor. By definition it is a driver for innovation in the areas of material-, component- and product reuse, as well as … Focusing on connections between operators within the "industrial ecosystem", this approach aims at creating closed-loop processes in which waste is seen as input, thus eliminating the notion of undesirable by-product.The ability to understand how things influence one another within a whole. Rype Office is one example of a furniture company that offers remade and refurbished options to customers.The uptake to reuse within the oil and gas industry is very poor, the opportunity to reuse is never more evident, or possible, as when the equipment is being decommissioned.

"Evaluation of the metals industry's position on recycling and its implications for environmental emissions".

Zink, T., & Geyer, R. (2017).

Unfortunately, what this equates to; is equipment, which is perfectly suitable for continued use, being disposed of.Organizations such as Zero Waste Scotland have conducted studies to identify areas with reuse potential, allowing equipment to continue life in other industries, or be redeployed for oil and gas .The CE does not aim at changing the profit-maximization paradigm of businesses.