Companies launch new circular economy initiative

Partnership will advance the next frontier of corporate sustainability

Great River Energy is one of 25 businesses and organizations launching the Minnesota Sustainable Growth Coalition, a business-led partnership harnessing their expertise to advance the next frontier of corporate sustainability – the circular economy.

A circular economy is an economic system that values and preserves all types of capital – financial, natural, manufactured, human or social. In this system, nothing is lost or wasted, and all resources are utilized to their highest potential. The end result is an economy that decouples economic growth from the consumption of finite natural resources.

Minnesota’s business community is leading the charge to advance a circular economy by going above and beyond addressing environmental performance in their operations and supply chains to identify what progress can be made by working across sectors and across industries.

Coalition members see the adoption of circular economy principles as a way to uncover business growth opportunities, drive innovation and ensure a healthy and sustainable region. And, one of the defining characteristics of the group is commitment to real action.

Members include: 3M, Andersen Corporation, Aveda, Best Buy, Cargill, Center for Energy and Environment, Dow Water, Ecolab, Ever-Green Energy, Fredrikson & Byron P.A., General Mills, Greater MSP, Great Plains Institute, Great River Energy, HealthPartners, Hormel Foods, Institute on the Environment – University of Minnesota, Medtronic, Metropolitan Airports Commission, Metropolitan Council, Pentair, Target, Tennant Company, Tunheim, Uponor, Wenck, and Xcel Energy.