From www.aicd.com.au: A recent AICD panel sees the circular economy as a strategic opportunity for boards, noting its potential for cost savings, supply chain resilience, and value creation.

Australia currently has a low circularity rate of four percent, but new initiatives aim to double this by 2035 while addressing barriers to circularity in supply chains.

Directors are encouraged to explore circular practices to align with risk management and business strategy, engaging with regulators and investors to support these initiatives.