Circular purchases refer to a buying practice that aligns with the principles of the circular economy. The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible. In this context, circular purchases involve:
- Buying Products Designed for Longevity: Choosing products that are durable, repairable, and upgradable.
- Opting for Recycled or Upcycled Goods: Purchasing items made from recycled materials or upcycled products.
- Engaging in Sharing or Leasing: Instead of owning products, participating in sharing or leasing models for items that are used infrequently.
- Supporting Companies with Circular Practices: Choosing to buy from businesses that implement circular economy principles in their operations.
- Considering End-of-Life Options: Selecting products that can be easily recycled or disposed of in an environmentally friendly manner at the end of their life cycle.
Circular purchases help in reducing waste, conserving resources, and minimizing the environmental impact, aligning with sustainable consumption and production patterns.