08. PEOPLE, PLANET, PROFIT

A circular economy is regenerative by design. It's success needs framing through the health of communities and ecosystems, measured through triple bottom-line accounting. 

By calculating the true cost of materials and valuing waste as a resource, the human and environmental impact of their production.

KEY ACTIONS FOR:

  • The true cost of materials needs calculating to allow educated comparisons between materials

  • Altering the priorities within the supply chain from rapid production of new textiles to keeping textiles within the supply chain as long as possible

  • Triple bottom line accounting, including true cost of materials, labor and environmental impact into products

  • Promote triple bottom line accounting

  • Support in-depth ESG reporting. Invest in education to build a highly-skilled workforce longer term