Brands embrace circularity with E.MacArthur Foundation initiative
In a significant move towards sustainability, major brands such as H&M, Nike, and Unilever have recently committed to the Ellen MacArthur Foundation’s Circular Economy 100 (CE100) initiative. This program aims to accelerate the transition to a circular economy by fostering collaboration among leading companies, governments, and academics. Participants pledge to redesign products and business models to minimize waste and maximize resource efficiency. The initiative encourages the development of closed-loop systems where materials are continuously reused and recycled. By joining the CE100, these brands are setting a precedent for industry-wide change, demonstrating a collective effort to address environmental challenges and drive innovation in sustainable practices. This commitment marks a crucial step in reshaping industries towards more circular and regenerative economic models.