Why does the closed-loop principle seem to be a common theme in sustainable business? What does it say about the relationship between human activity and the biosphere and further about how we should view business activity in the coming decades?
The Closed-Loop Principle in Sustainable Business
Sustainability 'implies meeting the needs of the present without compromising the ability
of future generations to meet their own needs' (United Nations General Assembly, 1987). The closed-loop model of corporate sustainability is an acknowledgement that the business functions within a world of finite resources (Clift, 2011). A closed loop ...
A brief discussion of the closed-loop model of business and supply chains in sustainable business.