Schréder - Circular Economy

What is next? Many of the lighting solutions we installed back in the 1970s are still working. We’re proud of that but, for the well-being our planet, we need to go a step further. Living well within the limits of our planet is one of our objectives and for this, we are integrating another concept under our sustainability umbrella: circularity.

What is circularity? Circularity aims to concentrate mainly on the “planet” and “profit” aspects of sustainability. It focuses on reducing the environmental burden by valorising the flow of all materials. It is mainly defined in opposition to the traditional linear economy: take, make and dispose. In a circular economy, products are designed and developed as part of a value network where they will be used for as long as possible. Then, depending on their characteristics, they can be reused, refurbished, upgraded or recycled. The circular economy is typically described in terms of four concentric loops. Inner circles describe high value activities and processes and moving towards the outer circles residual value is extracted until a product is recycled.

extracting raw materials

parts supply

recycle

manufacturing

parts harvesting

refurbish

1. Services Activities aiming at extending the technical and economic lifetime of products. 2. Refurbish Remanufacture products at end of life to sell them again. 3. Parts harvesting Recover valuable parts in products to sell/ use them in other products. 4. Recycling Recycle materials to bring them back into the economy.

distribution

service

user

incineration & landfill

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