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News and Press

Event helps businesses explore circular economy approach to boost their bottom line
Posted on 27 Jun 2016

A group of business delegates and consulting professionals from various industries across Peterborough and further afield, took part in a practical workshop this week to learn more about how adopting circular economy principles can benefit both their business and the wider city. The event, which was hosted at the Allia Future Business Centre, was delivered by the Knowledge Transfer Network (KTN) as part of the Peterborough DNA Smart City programme.


Sponsored by Allia as part of the city’s Circular Peterborough initiative - an ambition to create a circular city to help Peterborough efficiently manage the flow of its resources – the event supported businesses to take their first practical steps towards circularity.


The event began with an introduction from KTN and the Peterborough DNA project team to help delegates understand more about the Circular Economy approach: what it is, the intended outcome for the city, and examples of how it is already being used in Peterborough.  Delegates then participated in group activities to put the Circular Economy approach into practice, to challenge their usual way of doing business and explore ways to apply the principles to their own companies. 


Steve Bowyer, Chief Executive of economic development company Opportunity Peterborough, said: “Our vision to become a Circular City will put Peterborough right at the front of smart city thinking, re-enforcing our aspiration to make Peterborough a fantastic place to live and work.  However, to achieve that vision, we need collaboration on a city-wide scale, with representatives from business, schools, communities as well as city institutions. 


“This event provided practical guidance to help Peterborough businesses adopt Circular Economy principles - helping the city achieve its ambition but also supporting delegates to boost their bottom line.  We’re keen to work with as many local companies as possible so would encourage any business with an interest in working in a more economically sustainable way to get in touch.”


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