The circular economy means that waste generated by some is transformed into resources for others.
In order to implement circular economy models in its organization, FAEL SECURITY SRL has activated 5 fundamental pillars:
- Resource sustainability:
using renewable or re-use/recycling sources and materials helps us reduce our environmental impact.
- The product as a service:
designing modular products that are easy to repair, upgrade and remanufacture.
- Sharing Platforms:
Sharing and collaboration tools between users and proprietors make it possible to optimize the costs of goods and services and the resources used to produce them, thereby promoting their efficient use.
- Life Cycle Extension:
thanks to digital technologies, instead of selling a good to the customer today a company can offer him the service of usage, thus reducing the environmental impact.
- Recovery and Recycling:
In addition to recycling raw materials, it is necessary to learn how to valorize goods and products beyond the end of their useful life, through processes of remanufacture, repair and re-market, or re-use them for purposes other than their initial use.
Every production company gains economic benefits through the development of the circular economy.
But it also has a social role and a great concern for young people, as it provides them with a healthier, sustainable and stable environment, also in In order to establish a circular economy, it is essential to work towards a system in which all activities, starting with production, are organized in such a way that waste products are constantly reused and transformed into resources.
The development of the circular economy in the production system (and in the whole enterprise in general) is however not a trivial process: it initiates profound change, involving regulatory, production, organizational, distribution and consumption aspects.