Publication
Handbook for businesses
Published
15.4.2024
Riku Sinervo (Sitra), Tim Forslund (Sitra), Fiorella Sanchez (KPMG), Mateo Salazar (KPMG)
This practical handbook presents a comprehensive guide for businesses aiming to integrate circular business models into their operations to effectively address biodiversity loss.
It provides a primer of the interconnection between circularity and nature, and thereafter provides a three-step approach for action, based on:
Nature plays a vital role in supporting society, yet it has undergone a dramatic decline as a result of human activities. This poses significant risks to businesses, undermining their operations and supply chains at large.
In this handbook, we guide companies to identify and prioritise their most critical biodiversity impacts. To address critical biodiversity impacts, it is vital to tackle the pressures behind these impacts. This requires a shift from the current linear production and consumption models to systems that give us more value from what we have to help us reduce resource use and pressures on nature.
Circular solutions are essential tools for achieving this transformation. Six circular business models are presented to guide companies in formulating which circular solutions can address their critical biodiversity impacts.
Although the handbook can be applied to companies in any sector, it focuses on four land-intensive sectors: buildings and construction; fibres and textiles; food and agriculture; and forests. It delves into the circular solutions that are most relevant for tackling biodiversity loss, tailored specifically for these sectors, providing businesses with actionable strategies for implementation along their respective value chains.
The hanbook concludes with designing the transformation journey, by harnessing companies’ unique strengths, kick-starting business model transformation and leveraging collaborative efforts for effective outcomes.
By following the outlined steps, businesses can play a pivotal role in unlocking new value-creation opportunities and safeguarding biodiversity.
Circular solutions for nature
Sitra
Helsinki
2024
78
978-952-347-374-4
1796-7112
241