PwC Switzerland – The only way forward is the circle

PwC Switzerland – The only way forward is the circle

Systematic re-utilisation instead of destroying resources: The benefits of a well-thought-out circular economy are obvious.

Our current economic system is easy to describe: “take – make – waste”. Every day we extract more resources that we superficially enrich with energy and labour. We use the results, and in the majority of cases ultimately produce waste. In the last 15 years, for example, the production of clothing has doubled. One driver behind this is clearly the fast-fashion phenomenon: more and more clothes being worn less and less only to disappear into the endless depths at the back of your wardrobe. According to the World Economic Forum, the clothing industry alone is responsible for up to 10 per cent of all our current CO2 emissions. The ever-cheaper prices mean that the piles of clothes are growing ever faster and ever larger. According to the Ellen MacArthur Foundation, about one truckload of clothing is now either burned or buried in…

Find out more: https://www.pwc.ch/en/insights/circular-economy.html

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