Circular procurement is the procurement of products and services that follow circular economy principles, prioritizing reuse, durability, and recycling within supply chains to extend product life cycles and minimize waste. It may involve acquiring goods and services designed for longevity or reuse, incorporating shared-use models, refurbishing existing assets, and purchasing products containing recycled materials.
Circular procurement is the procurement of products and services that follow circular economy principles, prioritizing reuse, durability, and recycling within supply chains to extend product life cycles and minimize waste. It may involve acquiring goods and services designed for longevity or reuse, incorporating shared-use models, refurbishing existing assets, and purchasing products containing recycled materials.
Source: Wikipedia "Circular procurement" · CC BY-SA 4.0
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