BMT 8: Circular Business Model
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Circular Business Models
Decision-making tools that focus on the sustainability of business activities.
Linear Business Models
Decision-making tools that focus mainly on short-term profit rather than sustainability.
Circular Supply Model
A type of CBM that focuses on replacing finite natural resources with renewable, recyclable and biodegradable resources.
Resource Recovery Model
A type of circular business model that aims to re-use resource outputs by re-processing waste materials into new and usable resources.
Product Life extensions model
A type of CBM that focuses on businesses extending the product life cycle of their goods, overcoming obsolescence
Sharing models
A type of CBM that focuses on allowing customers to share products that have a low ownership and/or usage rate, instead of them having to purchase and own such products.
Product service system models
A type of circular business model that focuses on providing the function of the product rather than the product itself
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