UN 
Manufacturers worldwide are increasingly adopting circular economy principles to reduce waste and resource use, according to a report by the Ellen MacArthur Foundation. Key practices include product redesign for durability, material recycling, and service-based business models.
The report notes a 30% reduction in raw material consumption among participating companies over the past five years, alongside cost savings and improved environmental performance. Circularity is also linked to enhanced competitiveness and regulatory compliance.
Challenges remain in harmonizing standards, creating viable markets for secondary materials, and scaling infrastructure. Industry leaders call for stronger policy incentives, cross-sector collaboration, and consumer awareness campaigns to accelerate transition towards sustainable production and consumption patterns in line with SDG 12.
