The intersection of CSR and circular economy
Comprehending the Loop EconomyCircular economy represents a novel strategy in production and consumption, emphasizing sustainability, environmental wellness, and economic viability. In contrast to the conventional linear economy characterized by the "take, make, dispose" procedure, the circular economy seeks to prolong product lifespans, cut down on waste, and optimally utilize available resources. This approach prioritizes reusing, refurbishing, and recycling materials, establishing a closed-loop framework that significantly reduces pollution and preserves natural resources.The origins of the circular economy can be traced back to practices like regenerative agriculture and industrial symbiosis, where waste materials from one process serve as inputs for another. Today,…