Circular economy solutions

The circular economy is not just about recycling materials or repairing and reusing goods. It is forward-looking design and long-term action that respects nature and people in the production of both products and services. Once natural resources have been extracted, the aim is to keep them in circulation for as long as possible while generating value for the economy.

The circular economy offers an alternative to the traditional take-make-dispose model and addresses the challenges of today’s overconsumption culture. Operating models for the circular economy include product and material sharing, sharing platforms, rental and leasing services, reuse, repair and refurbishment, and material recycling. The aim is to reduce the amount of waste generated and the need for virgin raw materials. Comprehensive and sustainable design takes into account not only the sustainability of the product or service, but also the surrounding infrastructure and logistics in order to find the best technologically feasible and economical solution.

The circular economy also supports security of supply. For example, products designed to be durable and repairable can be maintained and utilised efficiently even in crisis situations. In addition, the use of recycled materials, such as domestic recycled fertilisers, reduces dependence on imported raw materials and strengthens self-sufficiency.

The circular economy offers companies new business models, improves operational resource efficiency and provides a competitive advantage in markets where sustainability requirements are increasing. However, it is advisable to start with small steps, as the circular economy cannot be adopted overnight or built alone. Successful development requires collaboration, multidisciplinary expertise, and a willingness to experiment.

In Resource Wisdom research area, we offer expert assistance in circular economy matters to a wide range of industries. We have developed training programmes, gathered best practices from different sectors and carried out company-specific studies and development projects. We also organise workshops, seminars, webinars and other events to share knowledge and build networks between stakeholders from different fields.

The Kirkkokallio Eco-Innovation Park in Satakunta is a unique example of a business cluster based purely on the circular economy, where side streams are harnessed for beneficial use. The Resource Wisdom research area studies and develops, among other things, regional planning and process solutions at Kirkkokallio.