Circular Economy

A Circular Economy is a sustainability-driven economic model focused on reducing waste by reusing, recycling, and repurposing materials.

Instead of a traditional linear approach (make, use, dispose), it seeks to create closed-loop systems where resources are continuously cycled through the supply chain.

This approach helps companies reduce their environmental footprint and meet sustainability goals. It often requires collaboration across suppliers to implement practices like product take-back programs or recycled material usage.

For example, a company that produces electronic devices might design them for easier disassembly and recycling to support a circular economy.

Relatico helps organizations track and monitor supplier compliance with circular economy principles, ensuring that sustainability goals are met.

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