Menu
Sitra, the Finnish Innovation Fund, has launched an ambitious Circular Economy Program to transform Finland into a global leader in sustainable resource management by 2025. This program is a cornerstone of Finland’s national strategy to transition from a linear to a circular economy, promoting sustainable practices across various sectors.
Sitra’s Circular Economy Program seeks to redefine how resources are used and managed, emphasising the principles of reduce, reuse, and recycle. The initiative aims to create a sustainable economic model that minimises waste, maximises resource efficiency, and fosters innovation. To drive systemic change, the program involves multiple projects and collaborations with businesses, government agencies, and research institutions.
The program promotes the efficient use of resources by encouraging the design of products that are durable, repairable, and recyclable. This approach aims to extend product lifecycles and reduce the consumption of raw materials.
Sitra’s initiative focuses on reducing waste generation at every product lifecycle stage. This includes innovative waste management solutions, improved recycling processes, and the development of circular supply chains.
The program supports the development of new business models that prioritise sustainability. This includes product-as-a-service models, where customers lease or rent products instead of purchasing them outright and sharing economy platforms that maximise the use of resources.
Sitra collaborates with research institutions and businesses to foster innovation in circular economy practices. This includes funding research projects, developing new technologies, and creating knowledge-sharing and collaboration platforms.
The program works closely with government agencies to develop policies and regulations that support the circular economy. This includes incentivising businesses to adopt sustainable practices and implementing standards that promote resource efficiency.
In alignment with the objectives of Sitra’s Circular Economy Program, our consultancy provides comprehensive support to organisations pursuing sustainability initiatives. By leveraging our expertise in strategic planning, innovation facilitation, and cross-sector partnerships, we help clients implement effective circular economy practices. Our commitment to sustainability ensures that organisations are well-equipped to achieve impactful and lasting change in line with global environmental goals.
Let’s explore how Rhyza Consulting can help you achieve your strategic goals and drive sustainable growth.
At Rhyza Consulting, we are more than just advisors; we are your strategic partners in navigating the complexities of modern business landscapes.