Circular economy is a new way of looking at how we use—and ultimately reuse—materials and resources. Our economy is resource-based, meaning it depends on the ability to preserve finite resources in order to succeed.

Historically, products have been produced and consumed through a linear process (make, take, waste), being designed and used for convenience with a limited life and diminishing value over time.

A circular economy goes beyond the linear approach to create a more sustainable, longer-lasting and higher-value system of use. A circular economy approach maximizes resources for years to come.