3. @cjweetman
Global risks
Adapted from World Economic Forum (2019),
Global Risks Report 2019
KEY
Top 10 in terms of Likelihood
Top 10 in terms of Impact
Top 10 for both Impact & Likelihood
ECONOMIC
GEOPOLITICAL
SOCIETAL
TECHNOLOGICAL
Extreme weather
events
Large-scale involuntary migration
Natural disasters
Failure of climate change mitigation & adaptation
Data fraud or theft
Asset bubbles in
a major economy
Water crises
ENVIRONMENTAL
Spread of infectious diseases
Biodiversity loss &
ecosystem collapse
Weapons of mass
destruction
Food crises
Man-made environmental disasters
Cyber
attacks
Critical information
infrastructure breakdown
4. @cjweetman
Industrial processes – take, make, dispose
MAKE
PRODUCT
KEY
GHG & emissions
Sewage, effluent, run-off
Landfill
USE
Store
& sell
TAKE
MATERIALS
TECHNICAL AND BIOLOGICAL
MATERIALS MIXED UP
ENERGY FROM FINITE SOURCES
5. Get noticed | Get connected | Get ahead
Value leakage....
6. @cjweetman
Crossing the chasm?
Tipping point – when
~10-20 per cent of
people adopt new
behaviour or thinking
Chasm!
People
"The Stone Age didn't end because we ran out of stones."
Sheikh Ahmed Zaki Yamani, OPEC Minister, 1973
12. @cjweetman
Creating new value: the ‘rectangle of recovery’
Make parts Make product
Reuse partsRecycle &
reuse
materials
Remanufacture Repair & refurbish Resell/
repair &
maintain
C
L
O
S
E
D
L
O
O
P
Reuse parts/
materials
Remanufacture/
Upcycle
Key: Process waste
recovery
Primary flow
Recovery flow
By-productsO
P
E
N
L
O
O
P
Repair & refurbish
Resell
Closed loop = in-company
Open loop = other company/same sector
or = other company/other sector
UseStore Sell
Share
& resell
Resell
Catherine Weetman 2015
16. Are you lagging or leading?
Image Kantonia from Pixabay
The future is already here,
it's just not widely distributed
William Gibson
17. @cjweetman
www.RethinkGlobal.info
• Definitely, it’s the best tool we have
• Maybe, but it doesn’t solve all the problems
• No, it’s just greenwash
Poll time!
Is circular economy thinking
essential for profitable, resilient and
sustainable businesses?
“Sector by sector, Catherine
Weetman systemically unpicks
why we need to build a circular
economy and, crucially,
complements this analysis to
explain how we can do this.”
Mike Barry,
Director of Sustainable Business,
Marks and Spencer plc
18. Get noticed | Get connected | Get ahead
Catherine@RethinkGlobal.info
@cjweetman
CircularEconomyPodcast.com