LSBM201: Ethics, Sustainability, and Circular Economy in London Report

This report delves into the concept of the circular economy, exploring its theoretical underpinnings and emergence, with a particular focus on London's development in this area. It examines the core principles, including the "cradle to cradle" and "blue economy" models, and analyzes the progress made in London, a major commonwealth city, in adopting circular economy practices. The report identifies barriers to implementation, such as financial, structural, operational, and technological challenges, while also highlighting enabling factors and opportunities for growth. It discusses ways local and international companies can support the circular economy, and concludes with recommendations for government ministers. The report emphasizes the importance of ethics, sustainability, and social impact in driving the transition to a circular economy, aiming to reduce waste, conserve resources, and promote innovation.

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,

capitalizing abundant resources while supporting human and environmental health.
 Blue economy systems approach by Pauli, is another essential theory which has been
analysed to be crucial factor behind evolution of circular economy which aims for
improvement model which aims for further improvement in human wellbeing. There are
ethical factors, sustainability significantly attached to reducing environmental risks and
ecological sacrifices. Blue economy seeks to promote diverse economic growth, social
inclusion and perseveration within improved livelihoods factors which ensures
environmental sustainability development. Oceans resources being limited has serious
impact on ecosystem aspects where impacts are likely to be amplified in future, especially
in view of projected growth domains. Blue economy has diverse components including
fisheries, tourism and services contributing significantly to coastal protection, waste disposal
and existence of biodiversity aspects. This has also given rise to circular economy which
provides social and economic benefits for current and future generations, to create restored
maintenance of diversity horizons. It will be based on clean technologies and circular
material flows that potentially reduces waste and promotes recycling of materials. The
circular economy wishes to pursuer economies of scale, based on standardization of
products secured in worldwide through just in time sustainable deliveries and outsourcing
where labour productivity is key to success (Sanchez-Panelled, Segarra-OñandPeiro-Signes,
2021).
◦ Blue economy approach applies to business sectors in addition to rejection of cash into
local economy, use of varied resources in ecological sustainable way dedicated to
efficient usage of resources. This brings on massive savings factor among materials and
costs, reducing footprint on environment and health risks among citizens in world. It
has been also known in inspiring young entrepreneurial minds and offers broad
platforms of innovative ideas demonstrating bright future effectively varied as per latest
scenarios.
The above analysed theories has shaped circular economy evolution imperatively for
shaping higher scale innovation in producing eco-friendly sustainable products and services, which
aims at qualitative added value mind-set.
2 Circular economy development at London
London being one of the globalised city in commonwealth country UK aims to functionally
focus on circular economy development, where sustainability goals of city on whole has been
expanding on varied scenarios recently. Circular economy is defined in London Plan policy as

major aspect in reducing waste, where resources and I trails are retained in use at highest
conservative value informatively. Reusing, recycling and detainment of value within materials and
resources indefinitely with no residual waste enhances transformational change among commercial
projects which are designed, built and operated with wide focus. The city has outlined vision of
capital city thriving adoption of principles in circular economy which keeps products, components
and materials at highest valuable use at all times. It looks forward to alterative current linear
economy where sustainability enhances outcomes of significant resources on varied levels
imperatively, bringing on keen component efficacy within economy goals. Vision for London to be
the global leader in delivery of circular economy sharing advanced learning and good sustainable
practices around world, has been analysed as substantial contribution to aspiration for attaining
zero carbon marks by 2050 (Circular Economy, Sustainability and Business Opportunities, 2020).
Circular economy programme used by London waste and Recycling board brings together
50m of investments, by setting up targeted demonstration projects creating collaboration hub,
communicating circular economy benefits and inspiring policy development. London as centre for
innovation and wide scale productive economic activities, possess huge catalytic power in driving
circular economic activity possessing great power in building advanced sustainability goals. The
commonwealth city has become prime player in leading transitions, with new route maps providing
wide recommendations across key arenas. Circular economy statements are intended to
demonstrate eco-friendly development and incorporating circular economy into varied aspects of
design, construction and operation process. Customer demands within resource efficient in UK
market has been growing towards resources sustainability factors, with imperative focus on ethical
products and services (What is a Circular Economy? 2021).
With various circular business models being sustainably shaping London progress, being
financially outperformed towards innovative circular business models. Circular economy has been
identified as starting point for inspiring longer term strategic collaborations and business
commitments, helping to ensure varied thriving opportunities in adopting circular economy models.
The huge positive environmental impacts potentially brings on rise to environmental potentialities,
which also makes good commercial sense for creating imperative wide focus towards untapped
ethical parameters. London waste and recycling board is committed to help make London place to
be for best innovators in circular economy entrepreneurs. London aims to provide 100m worth of
investments to small and diverse businesses with at least 14m of venture capital targeted at circular
economy start-ups, fuelling growth in sustainability within environment goals. London digital
community invests time in exploring new ways in which digital applications can give rise to
circular economy parameters, based on areas of asset tracking and sharing. The prospects of circular

economy heads on focus towards building community of organisations working together in dynamic
functional horizons to bring on leveraged long term sustainable functional goals. Circular economy
approach keeps buildings, products and materials at highest value as competitive as possible with
latest estimates for net benefits being implemented in circular economy. Buildings that use circular
economy within productive design, enable enhanced flexible durable infrastructure to be framed on,
where there London aims to use best resource planning actively towards new vision oriented goals.
Progress analysis focusing on barriers, enabling factors and opportunities for growth
Barriers of circular economy are based on barriers of financial, structural, operational and
technological which have impact on long term effective circular economy goals. Dynamic
economic trends rapidly degrading ocean resources through unsustainable extraction of marine
resources, physical alterations and destruction of marine and coastal habits required to harness
development benefits with sustainability factors (Pierson, McAloney and Grosso. 2021).
There is also challenge of strengthening concept and overcoming inadequate valuation of
marine resources and ecosystem services provided by oceans which makes it difficult to address
cumulative impacts. Retain, refurbish, reclaim\ reuse, remanufacture and recycle are some of the
enabling factors within circular economy parameters where varied scale innovation is focused on.
Circular economy has given dynamic fundamental rise to keep up ethics attained in building eco-
friendly sustainable work goals, where London has constant potential focus. Circular economy
action programs therefore provide good direction and financial resources by introducing sustainable
business models, economic modes and supply chain integration with best business ecosystems that
constantly redesigns (Nylon Berm and Agarwal, 2021). London as one of the globally recognised
commonwealth city has wide scope and opportunities to expand on circular economy aspects,
progressively expanding on projects that functionally expand new eco-friendly goals.
There are varied opportunities for growth in circular economy where London offices and
companies, by heading on maximum reuse of resources will generate advanced revenue for
business. This will create sustainability factor strong along with ethical fundamental diversity by
supporting work programmes, involved in circular economy rote map by creating best innovative
route maps. Widespread circular economy principles would drastically reduce quantity of new
materials imported into London, amount of waste which will be manged effectively including
exports. Reduction in waste of imported materials and exported waste, smart technologies and
infrastructure logistics contributes significantly to reduced vehicle movements (Aksum, Stour and
Herzog, 2021). Air pollution, noise and greenhouse gas emissions reduction are intended to
demonstrate public realm with supporting innovative infrastructure opportunities. Circular economy

measures into all aspects of design, construction and operations procedures has varied scope to
bring on greater synchronised efficiencies that help to save resources within dynamic evolving
paradigms (Moro, and Gamble, 2021).
3 Analysis of new proposing ideas by local and internationally companies can take for supporting
circular economy
Circular economy is all about transformation of the way businesses execute creation of
goods and services, for organizing varied range of ethical sustainability in creating advanced
sustainable innovation. Companies at London by adopting new aspects towards sustainable business
ideologies will be able to yield strategic focus on advanced scope for ethical diversity. To actively
head on circular economy requires development of all business structure where circular economy
brings dynamic scope, keenly bringing on fundamental innovation. Companies in London has scope
to evolve on sustainable investments both economically and ecologically determinants, where
gaining clear view of current environmental impacts enhances lifecycle of products. Ethical
sustainable business goals have wide scope where gaining in depth practical focus on of circular
business models, gives dynamic push to competent efficacy horizons. Green recovery stage brings
on business efficacy goals to reconfigure sustainable ecology goals within businesses where London
companies are functionally progressing towards effective recycling strategies of products. There has
to be consistent focus pertained on resource efficient, equitable, sustainable and circular world
where production has to go from technical system and biological aspects effectively. London is
building strong community of organisations working together to deliver more resilient, resource
efficient economy paradigms (Kemble, Beihai and Verme, 2021).
Successfully dealing with change in volatile complex global business has been identified as
main aspect for evolving on change priorities. In dynamic competitive world progress has been
identified as main scenario where sustainability in resources has been adopted as main functional
goal. Circular economy and sustainability have been consciously growing within recent years,
where it is restorative regenerative way to reduce waste effectively. Internationally co manias have
scope to indulge in circular economy parameters by being ethically responsible among decisions for
all stakeholders. Circular economy creates efficiencies where revenue streams and product lines are
important domains within economic uncertainty, where this brings on more focus towards
productive scale determinants (Patel, Ghibelline and Ramakrishna, 2021).
Profound shift brings opportunities for international companies creates value and safeguard
environment by improving management of resources, eliminating waste through better design. It
maximises circulation of products, components and fundamental innovation in shape for harnessing

technical scale priorities, stakeholder’s accountability goals and to give constant rise to diversity.
International countries and countries business determining pace have functional role to play in
idealizing functional focus, towards new priorities and keeping up affirmation benchmarks active.
Implementing circular approaches can boost employments aspects, reduce resource dependencies
and limit varied environmental impacts fundamentally. Businesses reimagining products, packaging
services and experiences bring on benefits to makers and users, customers and stakeholders within
community on whole for dynamic connectivity (Falser and et.al, 2021). London companies and
international business scenarios are heading to world on multiple levels of research, industry and
government which had been ongoing to advance ideas in products and services. Work at multiple
levels of research, industry and stakeholders community brings on advance ideas in product
stewardship, cleaner production and extended producer responsibility factors. This can be analysed
that commonwealth city London brings on strategic focus towards diverse commitment to yield on
strengthened functional scope, keeping up sustainability factor intact.
4 Report to commonwealth local government ministers and recommendations
The report to commonwealth local government ministers, for identifying recommendations
can be analysed as main scenario, where fundamental scale operative goals are diverse as per latest
diverse affirmative goals. London to expand on untapped sustainability goals, and new ideologies
formation as per diverse technical scale priorities, have to shape up varied new strategies. Ethics
and functional usage of constant technical diversity keeps up companies innovative business goals
for scaling up constant efficacy on sustainable performance (Bartha Sosa, Lopez Montoya, and
Acosta Prado, 2021).
 Developing sustainable materials for consumer goods: Commonwealth local government
in London by focusing on development of sustainable materials in consumers goods among
companies, will be able to head on functional growth imperatively. This also comes in as
essential aspect where sustainable production and usage of best eco-friendly products among
services, will productively expand circular economy parameters effectively. The strategy
aims to set up world class research facility for sustainable materials, involving development
of plan to earn stakeholder trust while maintaining brand reputation effectively. Finding alternatives to plastics packaging: Devising innovative sustainable factors in cost,
supply and demand dynamics in effective varied recycling potential of alternatives in
plastic. This factor has been identified as functional scope for technical diversified scale
objectives among circular economy parameters and to pertain keen paradigms towards
functional goals. Sustainable sourcing is fast becoming top priority for fashion companies

where survey of sourcing executives, brings on target market effectively varied for dynamic
fundamental pace within circular economy aspects.
 Plastics recycling model: Scenario based analysis of economics and environmental benefits
in key recycling technologies, to support decision making aspects for waste operators and
bringing on best potential investors for dynamic working goals. Plastic recycling model
gives varied scope for collection and treatment routes among final destinations to inform
policy makers in technology companies and within private equity firms effectively. This can
be informatively analysed as main aspect where plastic harms environment most, and has
been found as also one of the main factor degrading marine life globally. Eco design
approaches to design products in long term impact full scenarios, brings on sustainable
designs and also gives push to industrial ecology ways in remodelling systems. This leads to
maximized value exchange and symbiosis for pertaining through diverse domains, where
operational innovation comes in as most essential aspect (Benicia, S., Luca, R.M. and
Bioko, 2020).
CONCLUSION
From the above report it can be concluded that ethics, sustainability and social impact plays
crucial role in enhancing functional growth towards recent demands among environment parameters
globally. Circular economy has been concluded as model of production and consumption involving
extension of life cycle products, where services are aimed to be sustainable competently effectively.
Cradle to cradle and blue economy system theories are emerging approaches from which circular
economy has been emerged. Study has also concluded London, commonwealth city where best
scale sustainable goals are used for keeping up diverse goals formed as per diverse fundamental
operative. Circular economy adopted among local and international business platforms gives on
fundamental scale growth to sustainable goods, services where London has been actively
progressing. Report also brings on constant focus on keeping advanced scale targets affirm focused
on for constant innovation, where London has functional scope to evolve on dynamic economy
circular models.

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