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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Waste Hierarchy and Stages of Circularity

Waste Hierarchy and Stages of Circularity

Connor Hill

15 years: Circular economy strategist

In this video, Connor Hill continues discussing the circular economy and explains the waste hierarchy and the 8 stages of circularity.

In this video, Connor Hill continues discussing the circular economy and explains the waste hierarchy and the 8 stages of circularity.

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Waste Hierarchy and Stages of Circularity

16 mins 25 secs

Key learning objectives:

  • Understand the role of the circular economy in addressing overconsumption and resource depletion

  • Understand the waste hierarchy triangle

  • Understand the 8 different stages of circular economy

Overview:

The circular economy aims to reduce overconsumption and resource depletion by promoting the reuse, repair, and recycling of products and materials. In order to transition to a circular economy, it is very important to consider our consumption habits and the lifecycle of products. This can be illustrated using the waste hierarchy triangle and the 8 stages of circularity. It is the collective responsibility of companies, communities, and governments to help achieve this transition.

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Summary

How can the circular economy be a solution to the overproduction and consumption model?

The circular economy is a system that aims to move products and materials from point A to point B and then back to point A, enabling their repeated use and reducing the reliance on virgin resources - unlike the current linear economy which has led us to this point of overproduction and consumption. 

What are the two perspectives of the circular economy?

Circle of life : How organic matter is returned to the biological cycle through the nutrient cycle, contributing to soil fertility and ecosystem health.

Circle of stuff : Refers to human-made products and the challenges associated with their disposal

What is the waste hierarchy?

The waste hierarchy is introduced as a framework for prioritising waste management strategies. Refusing unnecessary consumption and reusing existing products are presented as the first steps. Refurbishing and repairing products are encouraged, followed by reselling and only as a last resort, recycling. Landfill and incineration are discouraged due to the loss of materials from the circular value chain.

What are the 8 stages of circularity?

  1. Materials: Start with recycled or renewable materials, reducing dependence on virgin resources and considering sustainable sourcing practices.
  2. Design: Create timeless and durable products that are modular, upgradable, and resistant to becoming obsolete.
  3. Manufacturing: Implement zero-waste design and manufacturing processes to minimise waste in the supply chain.
  4. Alternative Ownership Models: Explore rental or subscription services that shift the focus from ownership to accessibility (multiple uses of the same product)
  5. Product Life Extension: Offer services like lifetime warranties and repair options to prolong the use of products.
  6. Resale: Facilitate easy resale channels for customers, promoting the circulation of products and reducing the need for new production.
  7. End of Use/Collection: Establish mechanisms for the proper collection and disposal of products at the end of their life, including curbside.
  8. Recycling/second generation: Recycle materials efficiently and reduce the dependence on extracting virgin materials and promote a more sustainable circular economy. 

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Connor Hill

Connor Hill

Connor Hill is a circular economy strategist, entrepreneur and changemaker. Connor has been working in the circular economy and sustainability space since 2007. He has helped create the early circular foundations for companies like Adidas, Marks and Spencer, and John Lewis. He has also launched his own companies, Reborn Circular to create circular lifestyle products and Inspire Circular to help inspire individuals and companies on how to start and accelerate their circular journeys. He has also created courses with the University of Cambridge, the University of the Arts London and others to help inspire and empower thousands of students on how they can start their circular journeys.

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