Topics of the module

Identifying the stakeholders

Raw materials - The most important group of stakeholders are in the supplier network. If we want to make a circular product, we need to make sure that the raw materials meet the requirements of the circular economy. We need to know the possible costs for reuse/recirculation when sourcing the raw materials for the production. A few percent of savings in this process can lead to a much more costly reuse process. If the raw materials are produced at the cost of environmental destruction, then the production process will no longer be in accordance with the circular economy principles. We must avoid this. The other principle we have to uphold in our stakeholder network may be the impact on the natural and social environment involved in the production of the raw material. It is not enough to just examine the impact of our own production, we also have to consider the impact of the previous elements of the value chain.

Product design – The partners involved in the design process are very important stakeholders. We have to design a product, so it meets the circular economy criteria. The product planning team can also be a stakeholder, if this is not done internally. Sometimes a consultant team can be hired to validate the aspects of the circular economy, or even help to lay the foundations for financial sustainability.

Production – During production it is important that we do not burden the environment or generate non-recyclable waste. Here, the most important stakeholders are the machine suppliers and packaging suppliers and if there are subcontractors, they must also understand the principles of the circular economy. Again, all parts of the value chain must lead their processes along the same values.

Consumption - our customers are the most important stakeholders here. We need to know their preferences and expectations, and based on these, we need to support them in the process of sustainable consumption. We cannot transfer the responsibility to our customers, so we need to support sustainable consumption by offering high quality circular products, but also by educating our customers.

Waste management - companies specializing in recycling, and regulatory institutions that are involved in waste management processes.

Some of the processes you might know how to do yourself, but every business will face the need for suppliers, production facilities and logistics, so choose your friends wisely.
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This project (project no: 2019-1-SE01-KA204-060527) has been funded with support from the European Commission.
The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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