We develop solutions based on circular business models, resource efficiency and renewable materials.
About the Program
The constantly growing economy places an enormous pressure on our ecosystems. Increasing resource scarcity and resource depletion means that previously profitable business models now carry significant risks. With business as the driving force and in broad collaboration with various actors in society, Axfoundation aims to find solutions rooted in circular business models, resource efficiency and circular resource flows.
Showcasing Successful Examples
At Axfoundation, we are convinced that the companies that will succeed in the future are those that dare take the necessary steps to build a circular economy. This requires investing in circular business models and actively developing markets for circular material flow and sustainable raw material sources. Forming the circular economy can take various routes: designing recyclable products; offering services rather than products; developing repairable products with long lifespans; minimizing waste in the production process; and using recyclable, renewable or recycled materials.
Structural Changes Require New Collaborations
The circular transformation of a company often rests on structural changes and partnerships built on new cooperations outside the usual ecosystem of that company.
Although the shift to a circular economy has already begun within retail, successful large-scale circular economy use cases are still few.
Within the program, Axfoundation provides opportunities for cooperation and the network needed to shift towards a circular economy. In partnership with stakeholders we identify and develop circular solutions for future business models and aim to highlight successful examples in order to speed up the shift towards a circular economy.
“A circular economy requires that we make ourselves independent of virgin fossil-based raw materials and change to renewables, and thereby breaking the link between economic growth and resource extraction.”
Axfoundation aims to find solutions rooted in circular business models.
From straps to clothes: Can one company's waste be another company's input?
Circular Business Models
In the circular economy, business value goes hand-in-hand with resource efficiency. Circular business models focus on the longevity of a product and employs reuse manufacturing, thereby minimizing resource inputs and making use of the product’s material even at the end of its life-cycle. This kind of business model offers the client a product that can fulfill several needs, or provide clients with an opportunity to rent a service rather than buying another product. Axfoundation takes an active role in finding, testing and developing circular business models.
Circular Resource and Material Flows
A circular economy is designed to maintain product and material value as long as possible while also minimizing waste production. It employs the use of renewable, recyclable or recycled resources and materials. This is regrettably not the reality today. To aid the shift towards a circular economy Axfoundation works with locating and testing future resource and material flows.
A circular economy is based on renewable, recyclable or recycled resources and materials.