Method to Transform to a Circular Business Model (Scope 3)

Gitte Haar
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Gitte Haar: Center for Circular Economy

Chapter Chapter 16 in The Great Transition to a Green and Circular Economy, 2024, pp 185-202 from Springer

Abstract: Abstract This chapter provides methods and recommendations on how to approach scope 3, and a method on how to transform into a circular business model. Scope 3 impacts and GHG-emission comes from products and its full value chain. Minimizing scope 3 impacts are significantly more complex that scope 1 and 2. Scope 3 reductions are much more based on the specific industry. The method on developing a circular business model here, is not only harvesting climate impact but also creating resource efficiency and regenerating biodiversity. The work in scope 3 is a never ending journey and is continously minimizing, regenerating ESG impacts by developing new products, new business models and new take-back systems. Using the hands-on methods described here requires insight into the circular Economy and is a continue of chapter 9 on Circular Economy. This chapter ends with a discussion on the Circular Economy in the Cristal Ball.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-49658-5_16

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DOI: 10.1007/978-3-031-49658-5_16

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