BEGIN:VCALENDAR VERSION:2.0 PRODID:-//swoogo.com//NONSGML kigkonsult.se iCalcreator 2.27.21// CALSCALE:GREGORIAN BEGIN:VEVENT UID:2ed19ce2f8dff9bec5e0c27d943da57a0f6de61e@swoogo.com DTSTAMP:20240328T213402Z DESCRIPTION:Can digital help us to reduce waste and gain greater efficient use of the materials that we have on hand and enable progress toward a cir cular economy? \n\nIt has been said that a key barrier to increased reuse \, refurbishment\, and recycling of goods and materials is a lack of infor mation. In other words\, if you don’t have a full understanding of the pr ovenance and condition of an item\, you won’t be able to accurately estima te the degree to which that item or its components might be reusable\, or the effort and cost to refurbish or recycle it compared to the value of th e refurbished or recycled item. Digital brings us new capabilities to sen se\, analyze and trace the composition\, quality and provenance of an item \, driving higher confidence and increased propensity toward reuse\, resul ting in cost savings and efficiency. This has design implications as well \, as increased propensity toward reuse will increase the value of product s designed for reuse. This will make “design for reuse” as a competitive differentiator. In other words\, digital will be a critical enabler of im proved Environmental\, Social and Governance (ESG) performance\, and compa nies should begin to incorporate circular economy objectives into their di gital strategies now.\n \n DTSTART:20211103T130000Z DTEND:20211103T133000Z LAST-MODIFIED:20240328T213402Z LOCATION: SEQUENCE:0 STATUS:CONFIRMED SUMMARY:ISG PREDICTS: Will Digital Bring the Circular Economy Closer? TRANSP:OPAQUE X-ALT-DESC;FMTTYPE=text/html:
Can digital help us to reduce waste and gai n greater efficient use of the materials that we have on hand and enable p rogress toward a circular economy?
\n\nIt has been said that a key
barrier to increased reuse\, refurbishment\, and recycling of goods and m
aterials is a lack of information. In other words\, if you don’t have a f
ull understanding of the provenance and condition of an item\, you won’t b
e able to accurately estimate the degree to which that item or its compone
nts might be reusable\, or the effort and cost to refurbish or recycle it
compared to the value of the refurbished or recycled item. Digital brings
us new capabilities to sense\, analyze and trace the composition\, qualit
y and provenance of an item\, driving higher confidence and increased prop
ensity toward reuse\, resulting in cost savings and efficiency. This has
design implications as well\, as increased propensity toward reuse will in
crease the value of products designed for reuse. This will make “design f
or reuse” as a competitive differentiator. In other words\, digital will
be a critical enabler of improved Environmental\, Social and Governance (E
SG) performance\, and companies should begin to incorporate circular econo
my objectives into their digital strategies now.
\n