Novartis – Our ambition is to be a catalyst for positive change and a leader in environmental sustainability

Unless we make some major adjustments to the way the planet is run, many observers believe that business as usual puts us on a path to catastrophe. Around 90 per cent of global biodiversity loss and water stress (when the demand for water is greater than the available amount), and a significant proportion of the harmful emissions that are driving climate change, is caused by the way we use and process natural resources. Over the past three decades, the amount of raw materials extracted from the earth, worldwide, has more than doubled. At the current rate of extraction, we’re on course to double the amount again, by 2060.

The Covid-19 pandemic has challenged all facets of human endeavours, and seven months later the economic effects are particularly being felt · How the world can leverage the positive and negative effects of COVID-19 to build a new, more resilient and low-carbon economy has been analysed by a group of academics led by WMG, University of Warwick

A circular economy is an economic system that focuses on eliminating waste and the unnecessary use of resources. What that means to businesses, industries and individuals can vary, leading many to ask, “Which practice supports a circular economy?” Using resources efficiently is the practice that is central to how the circular economy is implemented. In other words, the goal of a circular economy is to use as few resources as possible by keeping materials in circulation and getting the greatest value from them.