There's a New Industrial Revolution Underway
By William Burckart and Jamie Butterworth, published on Quartz
The outskirts of Paris might not seem like the most likely home of the next industrial revolution—but along the bank of the River Seine, the vehicle manufacturer Renault is operating a groundbreaking “re-manufacturing” plant that is transforming old car parts into like-new or better-than-new condition—all to be used in its new cars. Renault is among a new wave of global brands that are adopting the principles of a circular economy in order to become more self-sufficient, resilient, competitive, and usually more profitable.
How does this tie into impact investing? Read more of this op-ed on Quartz, and check out key findings from the Money Management Institute's recent report on impact investing.
William Burckart is the Founder and CEO of Burckart Consulting an impact investing analytics and strategy advisory firm. He serves on the Global Advisory Council of Cornerstone Capital Group and is a visiting scholar at the Federal Reserve Bank of San Francisco.