Report | October 2024
The business case for circular economy
The circular economy secures long-term supply chains and saves companies millions, according to the whitepaper "The Business Case for Circular Economy" to which we contributed. Our expert Michael Bruch, Global Head of Advisory Services at Allianz Risk Consulting, explores the key role of insurers in managing supply chain risks, highlighting the vulnerabilities of linear models.
The global economy learned a harsh lesson in 2021 when the Ever Given blocked the Suez Canal, causing an estimated $60 billion in losses in just six days. The incident highlighted the fragility of global supply chains.
Moving to a circular economy isn't just an environmental initiative - it's a strategic move to reduce risk. By reducing reliance on global trade and creating resilient, circular value chains, businesses can secure their supply chains and save millions in potential losses.
The report, developed by UnternehmerTUM's Circular Republic, in partnership with Porsche Consulting, Agora Strategy, the Technical University of Munich and us, outlines key strategies for building resilient supply chains with real-world examples.
Moving to a circular economy isn't just an environmental initiative - it's a strategic move to reduce risk. By reducing reliance on global trade and creating resilient, circular value chains, businesses can secure their supply chains and save millions in potential losses.
The report, developed by UnternehmerTUM's Circular Republic, in partnership with Porsche Consulting, Agora Strategy, the Technical University of Munich and us, outlines key strategies for building resilient supply chains with real-world examples.
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