Check 23 - Companies - The Circularity

The Hidden Power

End-to-end producer responsibility: Producers are responsible for all impacts of their activities and products, from raw material extraction to product recycling/disposal.

There's no doubt that a single company can create and inspire change. But if all producers up and down the supply chain, and indeed across the economy, are holding each other accountable for all impacts by virtue of this principle, then we really do have the potential see the kinds of changes we need on a grand - global - scale. Effectively, a feedback loop. And let's not forget what Einstein had to say about about another feedback loop, compound income: it's "the most powerful force in the universe".

In this episode we see in Fast Fashion Brand Boohoo a case in point of many of the things we have been talking about: the Global Monetary System at work, almost blindly driving profit, with scant regard for its vast impacts in human and ecological terms. And failure of consumer power, and tension between activist censure and investor appetite. In contrast we also consider Renault, a company that is embracing complete re-use and recycling.

What would complete circularity look like?

Talking points:

The limits of limited liability

Out of sight, out of mind - we don't want to know

Fast fashion, Boohoo - and the Global Monetary System

Contributory factors in the development of fast fashion

Extended Producer Responsibility

Plotting the chain - gouging and dumping vs circular process

iPhones and the truth of supply chains

Is this a basis on which the world wants to work?

Renault transitioning to the new economy - PACE

Respect and the biosphere

Nature vs consumer culture

Ethos and company culture as something accessible

Community as a part of good business and good branding

Neo-liberalism means - take and don't care

Links

Business of Fashion Podcast:

https://www.businessoffashion.com/podcasts

Greta Thunberg BBC series:

https://www.bbc.co.uk/programmes/p099f58d/episodes/player

PACE - Platform forAccelerating the Circular Economy

https://pacecircular.org

Extended Producer Responsibility (EPR)

https://en.wikipedia.org/wiki/Extended_producer_responsibility

UK Govt/ recent DEFRA EPR Consultation:

https://consult.defra.gov.uk/extended-producer-responsibility/extended-producer-responsibility-for-packaging/

...+ consultation document pdf (06.2021/ 213 pages):

https://consult.defra.gov.uk/extended-producer-responsibility/extended-producer-responsibility-for-packaging/supporting_documents/23.03.21%20EPR%20Consultation.pdf

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