Circular Business Models
Circular Business Models
The Nordic countries have unique positions of strength, a wide range of biological resources from land and water, high technological knowledge, a competitive industry, and a well-educated population, to take a leading role towards a circular economy. These strengths can be utilised to ensure rapid adaptability, and improve our global market opportunities and competitiveness.
Besides upholding the ambitious goals of the Paris Agreement in 2030 to reduce CO2 emissions, the Nordic prime ministers have the vision of the Nordics becoming the most integrated and sustainable region by 2030. One of the action areas is the adoption of circular business models by Nordic companies – improved resource efficiency is a means to enhance emission abatement, reduce extraction, improve biodiversity and improve security when materials are kept in the region.
Circular business models are a necessity for building resilience in the Nordic region. This is also clearly shown in the Sustainable Development Report 2022 where Nordic nations scored highly for their overall performances within the 17 sustainable development goals (SDGs) agenda. Out of 193 countries compared, Finland is first for the second year, followed by Denmark in the second position, Sweden in the third, Norway in the fourth and Iceland in the twenty-secondth position.
Data Sharing for a Circular Economy in the Nordics by Nordic Innovation
A baseline mapping of the current landscape of data sharing for the circular economy in the Nordics, as well as the future potential and opportunities that follow. The report identifies barriers and enablers to an accelerated transition towards the use of data sharing for circularity, the role Nordic and international policy can play in this, and presents recommendations for the implementation of pilot projects. Download report >
NORDIC INNOVATION HOUSE SINGAPORE ACTIVITIES UNDER CIRCULAR BUSINESS MODELS
Technology Showcase by the Nordics | 28 - 30 September 2021
In partnership with TechInnovation by IPI Singapore.
TechInnovation is a premier technology-to-industry matching event presented by IPI. It brings together international technology providers and enterprises to accelerate the commercialisation of emerging technologies, seed licensing opportunities and foster open innovation collaborations. 10 Nordic companies presented innovative technologies for digitalisation, healthcare, smart cities and sustainability. This showcase of technology offers is curated by Nordic Innovation House Singapore with Denmark, Finland, Iceland, Norway, and Sweden. Together, we aim to connect promising Nordic tech companies to Singapore and Southeast Asia.
Circular Waste Economy in Singapore and in the Nordics | 26 April 2021
Presented by SGInnovate and Nordic Innovation House Singapore
As forerunners in the Circular Economy sector, we believe that Nordic innovations and solutions can support and accelerate Singapore’s environmental industry to build a cleaner, sustainable and more liveable city. In partnership with stakeholders in Singapore, Nordic companies can co-develop and adapt Nordic solutions to address the waste and water management markets in Southeast Asia.
In this online event, we had speakers from Sembcorp Industries, Hydroleap, Norsk Gjenvinning, moderated by Zero Waste City to discuss the opportunities for bridging Nordic solutions to Singapore and Southeast Asia problem statements, understand the current state of waste management and the effective contributions towards a better circular economy future.
Water-Waste-Food Virtual Market Entry Programme | 19 - 30 April 2021
Organised by Nordic Innovation House Singapore, Innovation Norway, Business Sweden, Business Iceland, and the Embassy of Finland in Singapore.
Nordic countries are global leaders in circular economy and sustainability. In this programme, we provided new market access and showcase opportunities for 10 selected Nordic companies with innovations that can address water, waste and food waste challenges in Singapore and Southeast Asia. We partnered with environmental key players, tech connectors and knowledge partners such as PUB - Singapore’s National Water Agency, National Environment Agency (NEA), Sembcorp Industries, ALBA Singapore, Veolia, ADB Ventures, UNDP Global Centre Singapore, Singapore Business Federation, Singapore Water Association, Enterprise Singapore, IPI Singapore, KPMG Impact, Zero Waste City, SMU Institute of Innovation and Entrepreneurship and TOMRA. This enabled the Nordic companies to pitch their solutions, and foster co-creation and co-development opportunities with these partners. We also tailored knowledge sessions with industry experts to share market insights on waste and water management landscapes in Thailand and Vietnam.
In the virtual closing event themed ‘Circular Economy Opportunities in Southeast Asia and the Nordics’, we had a speech by H.E. Anita Nergaard, the Ambassador of Norway at the Norwegian Embassy in Singapore to share her thoughts on circular economy and fostering cooperation between the Nordics, Singapore and the wider region. Then, a robust panel (TOMRA, Alliance To End Plastic Waste, Siam Cement Group and National Environment Agency) representing the Nordics and Singapore to elaborate on their current efforts in addressing challenges in water-waste-food waste, and building a sustainable future together.
Nordic Technology Showcase: Healthcare, Smart Cities and Sustainability | 8 December 2020
In partnership with TechInnovation Singapore by IPI Singapore.
TechInnovation is a premier technology-industry brokerage event organised by IPI that gathers international technology seekers and providers to explore technology and business collaboration opportunities through open innovation in Singapore and the region. Nordic companies and research groups presented innovative technologies for healthcare, smart cities, digitalisation and sustainability. This showcase of technology offers is curated by Nordic Innovation House Singapore, which connects promising Nordic tech companies to Singapore and Southeast Asia.