A circular economy glossary by Ellen MacArthur Foundation
The Ellen MacArthur Foundation, in co-operation with IKEA, has published a circular economy glossary which includes definitions for commonly-used terms such as recycle, reverse logistics, and finite resources, and explains the difference between terms such as reuse, refurbishment, and remanufacturing.
By establishing a common language, and defining terms that are often misunderstood, the aim is to make it easier for businesses, policymakers, and cities to align on what the circular economy is and how they can adopt truly circular models.
The terms in the glossary can be applied to any sector of the economy. It can be used to aid understanding within organisations, facilitate collaboration and conversations with others, and in reports, strategies, and communications materials.
Explore the glossary HERE.
News & image source: ellenmacarthurfoundation.org