LSBM201: Circular Economy, Sustainability, and Social Impact Report

This report delves into the principles of the circular economy, examining its theoretical underpinnings and practical applications. It explores the concept of circular economy, emphasizing its benefits for businesses, the environment, and society. The report analyzes the development of the circular economy in London, highlighting the city's waste management strategies and initiatives. It discusses the barriers and opportunities for growth within the circular economy framework, including financial challenges and the importance of innovation. The report also examines the role of government and businesses in supporting the circular economy, including recommendations for action. The report also highlights the circular economy’s environmental, economic, and social benefits, such as reduced waste, resource efficiency, job creation, and increased GDP. The report concludes by emphasizing the need for a sustainable approach that considers the needs of the present and future generations.