The traditional “take, make, dispose” business model is no longer sustainable in today's rapidly evolving environmental landscape. Industries worldwide are beginning to realise the need for a more responsible approach: the circular economy. According to Accenture, transitioning to this model could unlock $4.5 trillion in global economic output by 2030. But for many companies, this shift represents a significant challenge.
Ingram Micro Lifecycle (IML) is leading the charge to help businesses navigate this complex transformation with the Circular Economy Maturity Model (CEMM). Developed in collaboration with Research HQ, the CEMM offers companies a clear roadmap for implementing circular economy principles, particularly in high-tech electronics.
What is the Circular Economy Maturity Model?
The CEMM provides a structured framework that enables businesses to assess their current circular economy efforts, set future goals, and map out the resources and tools needed to succeed. Its four core objectives—assessing maturity, setting future goals, allocating resources, and fostering collaboration—allow organisations to improve resource efficiency, develop reverse logistics systems, and measure sustainability success.
For decision-makers and implementers alike, the CEMM delivers tailored guidance to ensure businesses of all sizes and industries can thrive within the circular economy. Whether you're managing logistics, supply chain operations, or sustainability initiatives, the model offers practical steps to optimise processes and improve sustainability metrics.
Why Circular Economy Matters
At its core, the circular economy keeps products, materials, and resources used for as long as possible through recovery, refurbishment, and reuse. By embracing these practices, businesses can reduce waste, enhance resource efficiency, and boost profitability.
IML, through the CEMM, is committed to helping companies embrace these sustainable principles. With the right strategy and the CEMM’s guidance, businesses can thrive in a more sustainable future and unlock new opportunities for growth and innovation.
