Circular Economy: Nordic and Baltic Transition Towards It


2019 11 05

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For the 6th time the largest international responsible business conference in Lithuania - Nordic-Baltic Sustainability Summit 2019 - will be held in Vilnius on the 12th of November. This year's theme is “Circular Economy: Nordic and Baltic Transition Towards It”.

The Nordic countries are aiming to become the most sustainable and integrated region in the world by 2030. There is no single solution, but a complex set of activities needed: the circular economy, the bioeconomy, sustainable energy production, climate neutrality, green transport and investment.

“The circular economy is an economic and environmental fellowship. In such an economy, businesses that create products and services are aware of their environmental impacts and minimize or avoid them. This is a huge change in the company that can be helped by responsible business philosophy and strategy. And yes, it will be costly – both to businesses and consumers. This business model is not an easy path as it is about developing new materials, products and systems. Only by switching to renewable sources, abandoning hazardous chemicals company can create products that will never become waste. Do companies only respond to certain signals through small initiatives or do they have long-term strategies to reduce their environmental impact?”, Says Audronė Alijošiutė-Paulauskienė, an independent expert at the Lithuanian National Contact Point.

At the conference, business leaders and sustainability experts from the Nordic countries and Lithuania will share insights on sustainable business and review best practices.

The conference has a very solid circle of foreign speakers. Masamichi Kono, the Deputy Secretary-General of the OECD, will attend this year's conference to discuss the importance of a global approach to the circular economy. Danish representative Finn Mortensen will present the circular economy strategy implemented in Denmark.

The conference will discuss proven trends in responsible business and present practical examples of sustainable business and initiatives. Representatives of Lithuanian and Nordic companies operating in Lithuania, such as Auga Group and Telia, will give presentations at the event.

Emphasis will be placed on business-state dialogue on sustainable business. Representatives of the Ministries of the Economy and Innovation and the Environment will participate in the panel discussions.

The event is organized by the Responsible Business Association of Lithuania, the Chambers of Commerce of Norway, Denmark, Sweden and Finland, the Nordic Council of Ministers Office in Lithuania, the Danish Embassy in Lithuania, the Lithuanian National Contact Point, the Ministry of the Economy and Innovation and Ministry of Foreign Affairs.