Ethics, Sustainability and Social Impact

Ethics, Sustainability and
Social Impact

Table of Content
INTRODUCTION................................................................................................................................3
1 Circular economy and theories of their emergence......................................................................3
2 Circular economy development at London..................................................................................5
Progress analysis focusing on barriers, enabling factors and opportunities for growth................7
3 Analysis of new proposing ideas by local and internationally companies can take for
supporting cicrcular economy..........................................................................................................8
4 Report to commowealth local government ministers and recommendations ..............................9
CONCLUSION..................................................................................................................................10
REFERENCES...................................................................................................................................11

INTRODUCTION
Ethics, sustainability and social impact can be understood as widely essential aspects
impacting today’s business cultures actively within varied working scenarios to bring on competent
scale efficacy parameters productively. With high risk to global resources increasingly rising risk
factors, ethical fundamentals and sustainability focus has been imperatively rising as widely crucial
parameter. Report will be analysing circular economy and theories leading to emergence, for
bringing on in depth analysis towards varied new advancement. The study will be also discussing
development of circular economy in commonwealth country, progression domains focusing on
enabling diverse factors and opportunities for growth. Study will be discussing varied ways
companies within local and international domains can do to support development of circular
economy scenarios. Further report on commonwealth local government ministers will be discussed
and meeting on key recommendations for action will be focused on, to bring on advanced scale
decisions based on competent productive goals.
1 Circular economy and theories of their emergence
Circular economy can be understood as systematic approach to economic development
designed in benefiting businesses, wide scale society and environment on whole. It contrasts to
make waste linear model regenerative by design and aims to gradually keep check on growth form
consumption of finite resources. Moving towards advanced circular economy enables to deliver
benefits such as reducing pressure on environment, improving security of raw materials and to
enhance competitiveness by stimulating innovation. Circular economy gives boost to economic
growth activities that rebuilds overall system health, innovating importance of economy which
gives push to work effectively. Transitioning circular economy amount to adjustments aimed at
reducing negative impacts of linear economy, which represents systematic shift which builds long
term economic opportunities. It gives emerging wide scale opportunities to provide environmental

and societal benefits, designed to minimize resource input as well as waste and emission production
which aims to reach maximum efficiency in usage of finite resources. Recovery to materials and
products at end of useful life brings on technical push towards productive varied growth, creating
circular economy that describes regenerative economic system. Circular economy is model of
production and consumption, which involves sharing, leasing, reusing and repairing products as
long as possible for gaining stronger vitality. Goal of circular economy is to have positive effective
on planet ecosystem by heading on sustainable effective implementation of resources in strategic
format. Circular economy has potentiality to reduce greenhouse gas emissions, with use of raw
materials for optimizing new agricultural productivity and decreased negative externalities on wider
horizons ([Quick Guide to Circular Economy Business Strategies, 2020).
Theories of their emergence can be analysed as follows:
 Cradle to cradle is deign philosophy, where remaking ways to make new innovation is
focused on which is certified product standard that integrates multiple attributes with safe
range of produces and reuse of materials. Renewable energy and social fairness plays high
role in sustainable operational expansion within new dimensions for corporate functional
growth among stakeholders, to yield on diverse determinant pace goals in longer time frame
(Cradle to Cradle, 2021). Cradle to cradle materials are applied in respect of their intrinsic
value for creating useful life in recycled upcycled products category which gives rise in
value of technological sophistication. This theory has given emergence to circular economy
where there is no waste, no shortages and no limitations which is designed on predicated
unlimited reuse of raw materials. It is ideally associated to give stimulation on diversity
within resources factor which ensures production and manufacturing positive impact on
economy at whole. Mc Dough and chemists Michael Braungqart presented integration of
design and science that provides varied range of enduring benefits for society on whole
from safe reusable materials. Everything is resource for something else, presenting designed
framework characterized by three principles derived from nature, where everything comes
in as essential aspect for safety return in soil biological nutrients. This can be analysed based
on principle of biological nutrients, which are reutilized as high quality materials for new
advanced products within longer run. Cradle to cradle looks at product through five quality
categories, where material health within renewable energy goals and carbon management
gives push to sustainability factor instantly. Ethics, sustainability factor within social impact
are some of the most essential aspects towards which cradle to cradle heads focus on,
bringing on varied shift to diverse shift rewards sustainability factors. Sustainability plays
major role in bringing clean renewable energy among living thrives on energy system,