{"id":1771,"date":"2023-01-19T10:28:49","date_gmt":"2023-01-19T08:28:49","guid":{"rendered":"https:\/\/scrapad.com\/?p=1771"},"modified":"2024-06-12T11:29:30","modified_gmt":"2024-06-12T09:29:30","slug":"principles-of-a-circular-economy","status":"publish","type":"post","link":"https:\/\/scrapad.com\/en\/blog\/principles-of-a-circular-economy","title":{"rendered":"Principles of a circular economy"},"content":{"rendered":" \n    <div class=\"c-post--header\" style=\"background-image: url(https:\/\/scrapad.com\/wp-content\/uploads\/2023\/09\/beneficios-economia-circular.jpg);\">\n        <a href=\"\" class=\"c-back-action\">\n            Go back        <\/a>\n        <h1>Principles of a circular economy<\/h1>\n\t\t<p class=\"c-post--author\">\n\t\t\tAuthor:\t\t\t<a href=\"https:\/\/scrapad.com\/en\/author\/scrapad-admin\/\">ScrapAd<\/a>\n\t\t<\/p>\n        <div class=\"c-post--meta\">\n            <p>19\/01\/2023<\/p>\n            <div class=\"c-post--actions\">\n                <a onclick=\"window.print()\" class=\"c-article__action\">\n                    <i class=\"large material-icons icon\">print<\/i>\n                <\/a>\n                <a data-clipboard-text=\"\" class=\"c-article__action\">\n                    <i class=\"large material-icons icon\">content_copy<\/i>\n                <\/a>\n                <span class=\"c-article__action share__trigger\">\n\t\t\t\t\t<i class=\"large material-icons icon\">share<\/i>\n\t\t\t\t\t<ul class=\"share__displays\">\n\t\t\t\t\t\t<li>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/scrapad.com\/wp-content\/plugins\/scrapad-blocks\/assets\/icons\/share\/facebook.svg\" alt=\"\">\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<li>\n\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/share?text=&amp;url=\" target=\"_blank\" rel=\"noopener\">\n                                <img decoding=\"async\" src=\"https:\/\/scrapad.com\/wp-content\/plugins\/scrapad-blocks\/assets\/icons\/share\/twitter.svg\" alt=\"\">\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<li>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=&amp;title=&amp;summary=&amp;source=\" target=\"_blank\" rel=\"noopener\">\n                                <img decoding=\"async\" src=\"https:\/\/scrapad.com\/wp-content\/plugins\/scrapad-blocks\/assets\/icons\/share\/linkedin.svg\" alt=\"\">\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<li>\n\t\t\t\t\t\t\t<a\n\t\t\t\t\t\t\t\thref=\"mailto:info@scrapad.com?&amp;cc=&amp;bcc=&amp;subject=&amp;body=\"\n\t\t\t\t\t\t\t\ttarget=\"_blank\"\n\t\t\t\t\t\t\t>\n                                <img decoding=\"async\" src=\"https:\/\/scrapad.com\/wp-content\/plugins\/scrapad-blocks\/assets\/icons\/share\/email.svg\" alt=\"\">\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<\/ul>\n\t\t\t    <\/span>\n            <\/div>\n        <\/div>\n    <\/div>\n    \n\n \n    <section class=\"c-container \" style=\" background-color: #FBFBFB; background-size: cover; --xsPadding: 40px 25px 40px 25px; --smPadding: 40px 25px 40px 25px; --mdPadding: 80px 100px 80px 100px; --lgPadding: 80px 100px 80px 100px; --xlPadding: 80px 100px 80px 100px; --xxlPadding: 80px 200px 80px 200px;  \">\n        \n<div class=\"wp-block-scrapad-blocks-container c-post\">\n<div class=\"c-article__desc wp-block-scrapad-blocks-article-desc\">\n<p>In contrast to the traditional linear economy system, which is based on extract-consume-throw away, a circular economy model, which proposes an uninterrupted cycle based on reducing waste, recycling and reusing, is increasingly being promoted (in the face of imminent climate change). That is why this time we talk about the&nbsp;<strong>benefits of a&nbsp;circular economy in the industrial sector<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is the circular economy?<\/h2>\n\n\n\n<p>The circular economy is a&nbsp;<strong>model of production and consumption<\/strong>&nbsp;that involves&nbsp;<strong>reusing, repairing, renewing and recycling existing materials and products<\/strong>&nbsp;as often as possible, creating added value. This economic and social system aims to&nbsp;<strong>produce goods and services while reducing consumption and waste of raw materials, water and energy sources<\/strong>.<\/p>\n\n\n\n<p>In the circular economy model, economic, social and environmental aspects converge in a single production cycle oriented towards the sustainability and efficiency of the system. This is essential nowadays,&nbsp;<strong>as we live in a context of scarce natural resources<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Principles of the circular economy<\/h2>\n\n\n\n<p>This economic and production model is&nbsp;<strong>based on three fundamental principles<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Optimising the use of resources<\/h3>\n\n\n\n<p>The circular economy&nbsp;<strong>aims to extend the life cycle of products<\/strong>&nbsp;and thus favour their circularity and recycling, both of the products themselves and of their components.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Promoting the efficiency of the system<\/h3>\n\n\n\n<p>It is based on&nbsp;<strong>increasing the efficiency of the whole system<\/strong>&nbsp;and establishing effective synergies between all the agents that form part of it.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Preserving and improving natural resources<\/h3>\n\n\n\n<p>We know that the use of natural resources is sometimes unavoidable in some human activities. However, as limited and increasingly scarce goods,&nbsp;<strong>these resources cannot be wasted<\/strong>. Thus, the circular economy seeks to&nbsp;<strong>make efficient and sustainable use of these natural materials<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Benefits of a circular economy<\/h2>\n\n\n\n<p><strong>Moving towards a circular economy has numerous benefits<\/strong>, such as reducing environmental pressure, improving security of supply of raw materials or stimulating innovation and competitiveness.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Protecting the environment<\/h3>\n\n\n\n<p>This is essentially why more and more of the economy is starting to move in this direction. The&nbsp;<strong>circular economy seeks to combat climate change and limit the environmental impacts<\/strong>&nbsp;of resource use.<\/p>\n\n\n\n<p>Therefore, it is based on&nbsp;<strong>using renewable energies in production processes<\/strong>, as well as helping to reduce CO2 emissions, minimising the consumption of natural resources, using recyclable materials and reducing waste generation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Boosting innovation and competitiveness<\/h3>\n\n\n\n<p>Because we have in mind to&nbsp;<strong>design more sustainable products<\/strong>&nbsp;(eco-design), using less consumption of raw materials, longer life and less waste generation, the circular economy provides consumers with increasingly innovative products.<\/p>\n\n\n\n<p>It also gives companies a&nbsp;<strong>competitive advantage in today&#8217;s globalised world by adding value<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Savings in production costs<\/h3>\n\n\n\n<p>This economic model seeks to&nbsp;<strong>minimise the use of raw materials<\/strong>&nbsp;and to shorten the circle as much as possible so that the product can be reused, transformed or remanufactured.&nbsp;<strong>By returning to the production process more quickly, companies achieve savings in the material<\/strong>, labour, energy and capital costs incorporated into the product, savings that benefit consumers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Encourages new business models<\/h3>\n\n\n\n<p>The circular economy is committed to&nbsp;<strong>product repair, remanufacturing and reconditioning<\/strong>. This leads to the emergence of&nbsp;<strong>new business models focused on these activities<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why ScrapAd promotes the circular economy<\/h2>\n\n\n\n<p>ScrapAd is one of those&nbsp;<strong>business models that promote the circular economy<\/strong>. It facilitates and streamlines recycling and new forms of waste management. The ScrapAd project is a&nbsp;<strong>great improvement in the recycling sector<\/strong>, as it is committed to a circular economic model to provide an outlet for waste that, without a project like this, would have ended up in landfill.<\/p>\n\n\n\n<p>As the leading platform for&nbsp;<a href=\"https:\/\/scrapad.com\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">scrap metal trading<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/scrapad.com\/en\/materials\/\" target=\"_blank\" rel=\"noreferrer noopener\">recyclable materials<\/a>, we hope that we have clarified the&nbsp;<strong>benefits of the circular economy<\/strong>&nbsp;for you. Find out how you can access to&nbsp;<a href=\"https:\/\/scrapad.com\/en\/buy\/\" target=\"_blank\" rel=\"noreferrer noopener\">buy scrap<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/scrapad.com\/en\/sell\/\" target=\"_blank\" rel=\"noreferrer noopener\">sell scrap<\/a>.<\/p>\n<\/div>\n<\/div>\n\t<\/section>\n    \n\n    <div class=\"c-container c-post--related\" style=\"background-color: #F7F5F2; --xsPadding: 40px 25px 40px 25px; --smPadding: 40px 25px 40px 25px; --mdPadding: 40px 25px 40px 25px; --lgPadding: 72px 100px 72px 100px; --xlPadding: 72px 100px 72px 100px; --xxlPadding: 72px 100px 72px 100px;\">\n        <div class=\"container\">\n            <h3 class=\"c-article__side__heading\">Other posts that may interest you\u2026<\/h3>\n        <\/div>\n        <div class=\"scrapad-blocks-related glide\" data-autoplay=\"4000\" data-views-desktop=\"3\" data-views-tablet=\"2\" data-views-mobile=\"1\" data-mode=\"slider\">  \n            <div class=\"container glide__track\" 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Discover the reasons (green demand, supply shortages) and how to take advantage of this opportunity.<\/p>\n                <\/div>\n                <div class=\"c-blog__item__footer\">\n                    <span class=\"c-blog__item__link\">Show details<\/span>\n                <\/div>\n            <\/div>\n        <\/a>\n    <\/div>\n                                <\/div>\n                                                            <\/div>\n            <\/div>\n        <\/div> \n    <\/div>\n    ","protected":false},"excerpt":{"rendered":"<p>In contrast to the traditional linear economy system, which is based on extract-consume-throw away, a circular economy model, which proposes an uninterrupted cycle based on reducing waste.<\/p>\n","protected":false},"author":2,"featured_media":1780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-1771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability"],"acf":{"post_country":{"simple_value_formated":"<ul><li><a class=\"post-link\" href=\"https:\/\/scrapad.com\/en\/blog\/principles-of-a-circular-economy\" rel=\"bookmark\">Principles of a circular economy<\/a><\/li><\/ul>","value_formated":"","value":"","field":{"ID":0,"key":"field_64ef02d93e348","label":"Pa\u00eds","name":"post_country","aria-label":"","prefix":"acf","type":"relationship","value":null,"menu_order":0,"instructions":"","required":0,"id":"","class":"","conditional_logic":0,"parent":"group_64ef02d9ad6ee","wrapper":{"width":"","class":"","id":""},"post_type":["paises"],"post_status":["publish"],"taxonomy":"","filters":["search","post_type","taxonomy"],"return_format":"id","min":"","max":"","elements":"","_name":"post_country","_valid":1}}},"_links":{"self":[{"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/posts\/1771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/comments?post=1771"}],"version-history":[{"count":7,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/posts\/1771\/revisions"}],"predecessor-version":[{"id":48974,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/posts\/1771\/revisions\/48974"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/media\/1780"}],"wp:attachment":[{"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/media?parent=1771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/categories?post=1771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scrapad.com\/en\/wp-json\/wp\/v2\/tags?post=1771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}