Rhwydwaith WISE :: WISE Network

4.11.14
CIWM report confirms that WISE Network underpins future sustainable economic growth

News, Quality Control and Process Monitoring, Resource Efficiency, Sustainable Business Development, Sustainable Product Development

John Quinn

John Quinn, President of CIWM

WISE Network was one of the key contributors to the Chartered Institute of Wastes Management’s (CIWM) Circular Economy Report, launched on 4th November in the Palace of Westminster.  The project has been identified as one of the university projects who are leading the way in circular economy research, and providing business focused support projects.

The report was commissioned by incoming CIWM President John Quinn FCIWM, who used his inauguration on 21 October to confirm that the circular economy will be the theme for his presidential year, emphasising the need to “grasp this concept with both hands”.

Interactive system diagram of the Circular Economy Butterfly from the Ellen McArthur Foundation

Click here to use the Interactive system diagram of the Circular Economy Butterfly from the Ellen McArthur Foundation

The European Commission states that a circular economy approach is essential to underpin sustainable economic growth in the future.  In its broadest sense, the circular economy is about keeping resources at work, and all businesses have a key role to play in collecting and reusing material resources to make that circle happen.

The report confirms that to retailers, designers, manufacturers and researchers across the United Kingdom and the Republic of Ireland, the circular economy concept means becoming more resource and energy efficient, designing out waste, and reducing the need for virgin resources, areas of expertise available to businesses through WISE Network’s team of experts.

Rebecca Colley-Jones, WISE Network’s Co-ordinator, is quoted in the report:

WISE Network’s whole purpose of being is to focus on economic development in Wales and the circular economy underpins this”

This is the start of an exciting period which will involve substantial changes to the culture, principles and practice of businesses and bring new challenges and opportunities.  It is clear that businesses need to understand the concepts and implications of the circular economy in order to maintain and enhance competitiveness and take advantage of growth in the green economy, and WISE Network is perfectly positioned to support this.