This episode we get a primer on what exactly the term ‘circular economy’ means, why it goes beyond recycling and the economic levers behind creating a sustainable system. Dan Yungblut, Head of Research and Chair of the ESG Investment Committee at Scotia Global Asset Management is our guest.
Key moments this episode:
1:08 — What is a circular economy?
1:19 — How the circular economy goes beyond just recycling
2:02 — How long the idea has been around
2:30 — How the circular economy is being built into policy
3:01 — Two big pieces of policy that create incentives for reusing plastics
3:18 — What is extended producer responsibility?
5:37 — What can we learn about the circular economy from kids toys?
6:19 — What needs to happen for a circular economy to take hold?
7:48 — “There’s no such thing as a sustainable product, only a sustainable system.”
8:48 — Why is the circular economy on the radar of an asset management firm?
11:19 — What’s on the horizon for the circular economy
12:29 — What all this means for consumers' bottom line