GELLIFY launches a new report on the circular economy showing how more than 30 companies and startups are currently driving innovation in their respective sectors.
GELLIFY, the circular economy report
The circular economy is rapidly emerging globally. Companies and governments are increasingly recognising its potential to address the root causes of climate change and other global challenges, while generating new and improved growth opportunities. As a solution that can grow quickly, its relevance has become more apparent in recent discussions about economic renewal.
Over the past two years, climate change and other environmental, social and governance (ESG) issues have become key topics for asset managers, banks and other financial services companies.
The circular economy can help achieve global climate goals by transforming the way we produce and use goods. Moving to a more circular economy could bring benefits such as reduced pressure on the environment, improved security of supply of raw materials, increased competitiveness, stimulation of innovation, economic growth (an additional 0.5% of gross domestic product) and job creation (700,000 jobs in the EU alone by 2030). Consumers will also have more durable and innovative products that will increase their quality of life and save money in the long run.
The relationship between the circular economy and innovation
At GELLIFY, we are convinced that the circular economy and innovation must always be strongly interlinked. For this reason, the report was developed to help companies, startups, research centres and universities to collaborate on new circular economy projects. In this context, more than 30 companies from six different sectors (Energy, Food, FMCG, Retail, Industry 4.0 and Construction) were interviewed to explain different circular economy projects and assess possible collaborations between the companies.
Companies such as Unilever, Suez, Sacyr, Endesa, Cosentino, Acciona, Ocean Winds and Sorigué participated in the report. The document can be downloaded free of charge at any time from the GELLIFY website.
About the initiative, GELLIFY announced that the recently released report is only the first step of a much broader initiative. The company, in fact, plans to create a circular economy hub to continue fostering collaborations between companies, startups and research centres and thus drive change towards an increasingly robust circular economy.