News

Human networks are the key also in developing circular economy

Everyday discussions within the supply chain may create new dynamics and benefit companies that produce new products from waste materials.
Kuvassa näkyy Elizabeth Miller. Kuva: Roope Kiviranta / Aalto-yliopisto

MSc Elizabeth Miller's thesis recently won the university category in a management thesis competition organized by the Association for Environmental Management in Finland, YJY ry. Photo: Roope Kiviranta / Aalto University. 

 

Recycling is an important way to reduce the consumption of natural resources and many companies already utilize waste as one of their raw materials. However, getting waste materials in suitable quantities and qualities may be a challenge. “It was interesting to notice in my thesis research that this basic thing, namely matching the quality and quantity of available waste with the raw material needs of the companies, was actually one of the big issues companies were facing”, says MSc Elizabeth Miller.

Elizabeth Miller emphasizes the role of networks: “Examples from the companies I studied show that solutions to supply problems could sometimes be found in informal discussions between the members of the supply chain or in new relationships between a company and its ecosystem. For example, in one case, a new recycled product line grew from an off-hand comment on a routine purchasing call with a supplier. In other cases, customers became suppliers of raw materials. Moreover, co-operation between competitor companies could be another solution to the mismatch between the need and the availability of raw materials from waste. The challenge will be getting companies to think in new ways and see these hidden opportunities.”

Elizabeth Miller’s Master’s thesis “Trash to Treasure: A Multiple Case Study of Finnish Companies That Create Economic Value from Waste Materials” recently won the university category in a management thesis competition organized by the Association for Environmental Management in Finland, YJY ry. Her thesis was completed as part of her studies in the Creative Sustainability programme.

For the young researcher, developing sustainable businesses means broadening the circular economy conversation beyond just recycling: “In many cases, when companies champion circular activities like recycling and reuse, and have measurable outcomes so they are not simply greenwashing, it adds value to their brands. From a sustainability point of view, the goal of recycling is to reduce the use of natural resources, but recycling alone isn’t enough. In addition to supporting brands that recycle waste, people should pay attention to their consumption patterns and really think about whether the things they buy will bring them long-term value.”

 

More information:

MSc Elizabeth Miller
Aalto University, Department of Management Studies
[email protected]

 

Miller E.  Trash to Treasure: A Multiple Case Study of Finnish Companies That Create Economic Value from Waste Materials. Master's Thesis 2018. https://aaltodoc.aalto.fi/handle/123456789/32561.  

 

  • Published:
  • Updated:
Share
URL copied!

Related news

Photo: Nokia Foundation.
Honoured Published:

Nokia Foundation award given to Mikko Möttönen for quantum-computing research

Professor Mikko Möttönen has dedicated his research to new technology that is now being used in the development of commercial quantum computing.
Aalto-Helsinki team 2020 photo: Markus Sommers
Honoured Published:

Aalto-Helsinki student team awarded gold medal in iGEM 2020 Giant Jamboree

The student team's awarded solution tackles pharmaceutical pollution in wastewaters.
Jukka Luoma
Honoured Published:

Jukka Luoma, Teacher of the Year 2020

The Prodeko Guild of the Department of Industrial Engineering and Management chose Professor Jukka Luoma as the Teacher of the Year 2020.
Aalto University alumnus Asad Awan.
Honoured, Research & Art Published:

Alumnus Asad Awan awarded for the best doctoral thesis in the field of technology

Awan’s doctoral research deals with the control methods for more efficient electric motors, which could replace traditional induction motors in industrial applications and help reduce the carbon footprint of motor driven systems