Business case

Impact on increased knowledge and understanding as a result of the case study

Increase Awareness

Minimise waste through diversion: Instead of sending waste to landfill, it is redirected into other industrial processes for handling, treatment, recycling, recovery, or reuse in various forms. 

Minimise waste through design: At the outset of a process of project, plan and design such that there is zero waste or minimal waste during production, use, and at end of life. 

Minimise Waste (SDG12)

Providing various support services for businesses and governments, such as research, testing, certification and consulting services, cleaning and maintenance services, security and protection services, legal, accounting and bookkeeping services, information management, data processing, and business process outsourcing services

Research & Commercial Services

Using waste materials that have been processed and recycled to produce new products within the same industry

Using closed loop recycled materials

Using waste materials that have been processed and recycled to produce new products within other industries

Using open loop recycled materials

Impacts

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Industries

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The principles of a circular economy concern designing out waste, regenerating ecosystems and keeping items in use. Decoupling the economy from material flows—improving the rate of resource productivity faster than the economic growth rate—is also a consistent guide. By evolving with the growing number of applications of circular economy principles, and consolidating these strategies across thematic areas, Circle Economy’s Key Elements Framework (KE) renders the elements of the circular economy salient and serves as a basis to derive contextual strategies and interventions. 


The Framework consists of:
- Core Elements: Activities directly handling product or material flows; and uniquely,
- Enabling Elements: those that remove obstacles for core actors.


Key elements of the circular economy

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Circle Economy's framework of strategies and activities that define the circular economy

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Based on the work of [Bocken et al. (2016)](https://www.researchgate.net/publication/309699661_Product_design_and_business_model_strategies_for_a_circular_economy), the Four Flows Framework serves as a simple framework for managing resource flows in a circular economy by using less (Narrow), using for longer (Slow), using again (Cycle), and using clean, regenerative materials and energy (Regenerate).

These different principles of circular economy can be applied to our socioeconomic metabolism: we can design stocks like buildings, infrastructure, machinery, and vehicles to be rich resource mines for the future, and design manufactured goods and consumables to be cycled and made regenerative. Furthermore, the focus must also centre on getting more value out of fewer materials. Achieving the aims of a circular economy—minimising material use, regenerating the Earth, and preventing material losses—can be done through these four key strategies mentioned above.

Source: Circle Economy. (2023). *[The circularity gap report 2023](https://www.circularity-gap.world/2023)* (p.22). Amsterdam: Circle Economy. 

Four Flows Framework

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 We firmly believe there is a future where sustainability and plastics go together hand-in-hand. And through our continued focus and great partnerships we aim to continue developing innovations that exceed our customer’s expectations and reduce our impact on the environment.And as a company that’s just a stones throw away from the UNESCO World Heritage Wadden Sea, we’ve very aware of our environmental footprint. It’s part of the reason why we’re continually trying to reduce our carbon output, and aiming to be a climate neutral company.Aside from our own green initiatives we also believe in fostering a strong sustainable culture by contributing to several industry wide initiatives. As Flexoplast we’re proud to be a part of the following initiatives: 

Italy

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ReMade in Italy® is a non-profit, non-governmental organization aimed to promoting recycled products through independent thirdparty certification.

ReMade in Italy

<p>ReMade in Italy® is a non-profit, non-governmental organization aimed to promoting recycled products through independent thirdparty certification. ReMade in Italy® was found in 2009 and in 2013 Accredia (Italian National Accreditation Body) recognized it as the first certification scheme in Italy and Europe to verify the recycled content in a product. ReMade in Italy represents a useful tool for Public administrations and companies, to identify the recycled products for “Green public procurement”, made mandatory in Italy by the law (Legislative Decree 50/2016).</p>