Circular Economy

What Is A Circular Economy?

A circular economy addresses at a foundational level the problems inherent in our current take, make, consume and dispose economic model. It acknowledges that we live on a planet with finite resources and the more we waste, the more we lose and that everything is connected.

Circular Economy Principles

A Global Shift

Central to the circular economy is a profound shift in the way we approach design and decision-making. Around the world, governments and industry leaders are embedding circular economy principles into their strategic thinking and operations and are consequently reaping the rewards of positive change.

A Page From Nature

In a circular economy, just like in nature, nothing is wasted. Products and services are designed and manufactured to get the most out of the primary resources whilst regenerating the natural ecosystems needed for continued sustainable use.

Circular Economy Principles
Circular Economy Principles

Three Core Principles

At the centre of the circular economy practitioners design process and decision-making, is a mandate to:

  • Reduce – design out waste and pollution
  • Preserve – keep raw materials in use and at their highest possible value
  • Regenerate – nature must be restored 

These three pillars are utilised to create closed loops that eliminate waste through smart design, rethink the nature of products and services to reuse, and repurpose and redirect resources out of the waste stream and back into the dynamic system. 


To Australian GDP by 2025

In Food, transport and built environment sectors.    Source: KPMG: Potential Economic Pay-off of a CE

To Australia’s GDP by 2048

In Food, transport and built environment sectors.      Source: KPMG: Potential Economic Pay-off of a CE

Jobs in NSW in the next 5 years

Source: NSW circular: the CE opportunity in NSW