GCM 746 Lecture Notes - Lecture 2: Triple Bottom Line, Circular Economy, Social Capital
12 May 2020
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Document Summary
Whole system thinking vs life cycle thinking. Introduction to sustainability in print & packaging. Key drivers of sustainable printing & packaging market. A systemic approach to economic development designed to benefit businesses, society and the environment. Aims to gradually decouple economic activity from the consumption of finite resources, and design waste out of the system. Underpinned by a transition to renewable sources, the circular model builds economic, natural and social capital. Cascading maximizes resource effectiveness by using biomass in products that create the most economic value over multiple lifetimes. For example, a resource effective cascade may start with recently harvested, solid wood that goes into: Veneer wood products, after one life cycle then becomes; Four essential building blocks of a circular economy: circular economy design, new business model, reverse cycle, enablers & favorable system condition. Design for easy end-of-life sorting, separation or reuse of materials. Design-for-manufacturing criteria that take into account possible useful applications of by-products and wastes.
