This session examines industrial symbiosis from a business perspective. It covers the role of big data in connecting green HRM with logistics social responsibility, insights from a bioethanol network case study on drivers and barriers to symbiosis, and an analysis of symbiotic relationships within a national legislative framework. The webinar provides practical insights into emerging IS dynamics.
Concept and Practical Relevance
The video explores how the circular economy moves from theory to real-world implementation, showing how businesses can redesign production and consumption systems to reduce waste and optimise resource use. It highlights the shift from linear value chains to circular systems where materials are continuously reused, repaired, or recycled.
Circularity is presented as a strategic opportunity for companies to improve efficiency, reduce costs, and create new value. By integrating sustainability into core business operations, firms can enhance competitiveness while contributing to environmental objectives such as waste reduction and lower emissions.
Business Models and Enabling Mechanisms
The video focuses on innovative circular business models, including product-as-a-service, sharing platforms, and take-back systems, which allow companies to retain control over materials and extend product lifecycles. These models are supported by design strategies that prioritise durability, modularity, and recyclability.
It also emphasises enabling factors such as collaboration across value chains, digital technologies for tracking materials, and supportive policy frameworks. Real-world examples demonstrate how circular approaches can generate both environmental and economic benefits, encouraging broader adoption across industries.
Overall, the video illustrates how circular economy principles can be effectively translated into practice, supporting a systemic transition towards more sustainable and resilient economic models.