The British Chambers of Commerce (BCC) has urged policymakers across the UK to place businesses at the heart of efforts to achieve sustainability and reduce waste.
In its latest Circular Economy report, the BCC sets out several recommendations aimed at ensuring British businesses, particularly SMEs, play a central role in advancing a circular economy.
Key Recommendations:
- Circular Economy Roadmap: The government is urged to publish a comprehensive roadmap without delay, with a strong focus on innovation and design-led skills.
- Localised Solutions: A more place-based approach is recommended, building on the success of regional circular economy initiatives.
- Ongoing Business Consultation: The report emphasises the importance of consistent collaboration with the business community on zero-waste policies.
- Innovation Funding for SMEs: Enhanced access to funding for small and medium-sized enterprises (SMEs) is critical to help them adopt circular practices.
- Strengthened Supply Chains: A review of procurement, supply chains, and planning processes is proposed to bolster support for circular economy initiatives.
The report highlights the challenges facing SMEs, noting that only 38% currently have a recycling target in place.
However, it also underscores the economic benefits of adopting a circular economy, such as cost reductions and increased value from waste streams.
Businesses as Key Drivers of Sustainability
Shevaun Haviland, Director General of the British Chambers of Commerce, highlighted the essential role of SMEs, describing them as “the lifeblood of the economy.”
She emphasised that empowering businesses through strategic policymaking is key to driving sustainability at every level.
The way forward is clear: prioritise local solutions, strengthen supply chains, and foster innovation. SMEs must be equipped with the tools to thrive in this new economic model
“In cities across the UK, we already see brilliant examples of the circular economy benefitting both businesses and the environment,” she said.
“The way forward is clear: prioritise local solutions, strengthen supply chains, and foster innovation. SMEs must be equipped with the tools to thrive in this new economic model.”
Regional Potential and Sector Growth
Alison McRae, Senior Director at Glasgow Chamber of Commerce, pointed to the significant economic potential of transitioning to a circular economy, particularly in achieving net zero targets.
Research by the Ellen MacArthur Foundation indicates that 45% of the solution to net zero lies in transforming the way materials are used and products are made.
McRae emphasised the importance of creating high-value, design-led jobs through innovation in remanufacturing, engineering, and technology sectors.
“Our Circular Glasgow initiative has demonstrated how future-proofing businesses can maximise the value of materials and reduce waste,” she added, highlighting success stories from the region.
A Call to Action for Policymakers
Ben Goodwin, Director of Policy and Public Affairs at the Institute of Environmental Management and Assessment, stressed the urgency of transitioning to a circular economy.
“Our throwaway culture is unsustainable,” he said. “The BCC’s report outlines practical steps to engage the business community and accelerate progress.”
The BCC’s report calls for a united effort between businesses and policymakers to create a circular economy that delivers both economic growth and environmental benefits.
By encouraging innovation, enhancing supply chains, and adopting localised strategies, the UK can lead the way in building a sustainable and prosperous future.
For policymakers and businesses alike, the message is clear: collaboration, investment, and innovation are key to transforming the UK economy into a circular model that benefits all.