2023 BEYA (2402) A True Commitment to Sustainability: The Emergence of the Green Circular Economy

Learning Objective: To understand the measurable value of ‘circular’ innovations and advocate for adopting circular sustainability in manufacturing, product development, and the global supply chain ecosystem. No matter the type or size of the idea or organization, from startups to enterprises, collective sharing is required to accelerate innovation and answer the global resource challenges facing our health and environmental equities. This natural ral resources continue to deplete; our international markets are migrating towards circular systems of sustainability (i.e., the emergence of the Circular Economy as described by the World Economic Forum). The session explores the circular economy, which has been described as an ecosystem of global innovation formulated to advance our capabilities of converting waste and natural resources into sustainable ecosystems to offer an alternative to traditional “take-make-dispose anywhere” environmental practices by advocating for innovative waste and resource cycling, and remanufacturing to reduce waste, cost and environmental impacts on our planet. The natural and human resources powering Industry are global; from raw materials to distributed products, the world has reached its peak and must embrace sustainability, environmentally friendly “green” recycling, and remanufacturing. Industry 4.0 has boosted the Circular Economy. An economy designed to provide continued use and recycling of waste and mitigate urbanization, mass migration, climate impacts, food security, global supply chains, and weather-related events.

After this seminar, the participants will be able to:

1. Understand the strategy and value of circular innovation and its positive impact on our planet and well-being.
2. Identify the values and benefits of innovative recycling and remanufacturing goods and products.
3. Identify the best practice approaches towards developing an organization-wide circular strategy and culture.
4. Understand how sustainability can be implemented into the core design and development process to produce measurable green outcomes.

Speakers:

Donna Bell, EVP - Product Creation, Engineering, and Supply Chain, Lordstown Motors

Andre Welch, Director of Federal Affairs, Ford Motor Company