The Circulars: These 11 companies are leading the way to a circular economy
The circular economy is more than just a buzz phrase. With the global population predicted to approach 9 billion people by 2030, we are using more resources than the planet can provide. Our future depends on reusing what we have in a sustainable way. Fortunately, innovation is unlimited, and many companies are developing ingenious ways to reduce, reuse and recycle.
The World Economic Forum and the Forum of Young Global Leaders, in collaboration with Accenture Strategy, brought up the most innovative companies and solution at The Circulars.
Among the companies that are leading a way to circular economy, stands out DyeCoo, a Dutch company that has developed a process of dyeing cloth that uses no water at all, and no chemicals other than the dyes themselves. It uses highly pressurised “supercritical” carbon dioxide, halfway between a liquid and a gas, that dissolves the dye and carries it deep into the fabric. The carbon dioxide then evaporates, and is in turn recycled and used again. The cloth, giving vibrant colours, absorbs 98% of the dye. In addition, because the cloth does not need to dry, the process takes half the time, uses less energy, and even costs less. The company already has partnerships with major brands like Nike and IKEA.