Ms. Henal Shah is a Design Strategist and Innovation Consultant for setting up new projects. Her key focus areas are sustainable environment and social impact through her work. She is a supply chain professional with 6 years of experience with Larsen & Toubro – Hydrocarbon Engineering. She is basically an instrumentation engineer and has inclination towards design, art, and supply chain. She has also done a graduation diploma in Material Management and professional courses in design.
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The Doughnut economics, is a visual framework for sustainable development – shaped like a doughnut or lifebelt – combining the concept of planetary boundaries with the complementary concept of social boundaries. Progress on climate action and sustainability could be a significant casualty of the COVID-19 coronavirus crisis, according to a new report from the World Economic Forum. Amsterdam is embracing the so-called doughnut, an economic model that envisions “a world in which people and planet can thrive in balance”.
The future of business is circular, and everyone has to consider waste elimination, regeneration and sustainability in mind in every business operations. Using the tools of a circular economy offers all organisations a lasting advantage by combining more productive ways of doing things while engaging in more system-wide activity: ‘feeding the forest’ and not just ‘doing less harm’.
In a highly competitive global world where economies are growing and in the race of being top economies. However, all such races are based on industrialization and capitalism which is mainly fueled by fossil fuels. Such high usage of fossil fuels leads to environmental pollution and Climate change. A leadership must look into efficient utilization of resources and take environment friendly steps to avoid climate change.