ESG531 Circular Economy for a Sustainable Future Assignment: Developing a Strategic Roadmap for SME Transformation

Group-based Assignment

Question 1

You are part of the Circular Transformation Taskforce formed within a Small and Mediumsized Enterprise (SME) that aims to transition from a linear to a circular operating model by 2030. The CEO has commissioned your team to develop a comprehensive circular strategy roadmap that moves beyond incremental operational changes and reimagines how the business
creates value through circularity.

To answer this question, choose a real-world SME from a sector of your choice (e.g., manufacturing, retail, logistics, technology, and food & beverage).

(a) Discuss the company’s current circular practices across its value chain. Assess the key gaps by comparing these practices to sector-specific circular economy benchmarks or best practices, using relevant frameworks (e.g., Ellen MacArthur Foundation, GRI Sector Standards, ISO 59004, or industry-specific reports).

(15 marks)

(b) Choose a circular business model that is well-suited to the company. Propose three targeted circular strategies that align with this model and address the gaps identified in (a).

(30 marks)

(c) Examine the key enablers (e.g., digital technologies, capacity-building, supply chain partnerships, financing mechanisms, and policy incentives) required to implement the proposed strategies. Analyse potential challenges or risks the company may face and recommend practical mitigation measures.

(35 marks)

(d) Present your key findings and recommendations from (a), (b), and (c) to a panel comprising the company’s senior management. Each group will present during Seminar 5, scheduled for 10 October 2025, for no more than 20 minutes (including Q&A). Limit the presentation to no more than 15 slides. All members of the group are required to participate in the presentation.

(20 marks)

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