The circular economy is an economic model that prioritises sustainability by emphasising reuse, repair, recycling, and reducing waste to minimise environmental impact.
Consulting Manager
Agricultural intensification is pushing the environment to a breaking point. The linear model of food production that we use today carries severe environmental, social, and economic costs. Agriculture uses half of the planet’s habitable land, reducing biodiversity, destroying ecosystems, and polluting environments with pesticides and fertilisers. According to the Intergovernmental Panel on Climate Change (IPCC), food related CO2 emissions are set to double by 2050, driving climate change and threatening the long-term sustainability of our planet. If the agrifood industry does not adopt more sustainable practices, the impact could be catastrophic.
The circular economy is a model of production and consumption that aims to tackle climate change, waste, pollution, and biodiversity loss. A circular economy focuses on using minimal amounts of external inputs by sharing, reusing, recycling, refurbishing, and repairing existing materials to extend the life cycle of products and reduce waste. In agriculture, this could be the conversion of manure into organic fertiliser, repurposing food waste and byproducts into new products, using wastewater for irrigation, and much more.
At Farrelly Mitchell, our agrifood experts offer unique insights into ESG strategies such as circular agriculture. We understand the intricacies of the circular economy and can support food and agribusinesses in transitioning away from linear food production to more sustainable alternatives. Our circular economy experts can guide businesses in waste reduction, resource optimisation, repurposing byproducts, and contributing to a more sustainable and resilient agrifood system.
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The circular economy is an economic model that prioritises sustainability by emphasising reuse, repair, recycling, and reducing waste to minimise environmental impact.
The circular economy in agriculture is applied by converting waste into resources, like using organic byproducts for fertilisers or agricultural residues for animal feed, and strengthening local food systems to reduce waste and enhance sustainability.
Consulting in circular economy aids agrifood businesses by guiding them towards sustainable practices. This not only helps in cost reduction but also in creating value from waste, leading to financial gains and better regulatory compliance.
Implementing circular economy in food production saves money and creates value. By reducing waste and sourcing food locally, it can generate significant economic benefits, while also contributing to environmental sustainability.
If you’re looking to implement more responsible, sustainable, and regenerative practices in your business, our experts can help. Contact us today to achieve true circularity and build a more prosperous greener future.
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