NikKhah Consulting launches circular economy proposition

25 January 2024 3 min. read
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NikKhah Consulting has launched a new circular economy advisory offering, aimed at helping its clients across the Middle East embrace the transition to circular economy principles – from design through to realisation.

Amir NikKhah, Managing Partner of NikKhah Consulting, said the fresh proposition comes in response to growing demand from its clients to “not just drive sustainability, but take a more fundamental approach to achieving net zero.”

Of the different fundamental approaches organisations can embrace, going circular is the most progressive. “It means turning the existing traditional linear model of ‘take, make, dispose’ into a system where resources are continually reused, recycled, and repurposed.”

NikKhah Consulting launches circular economy proposition

While the concept is becoming extremely popular, if not a hype among ESG-evangelists, bringing circular economy principles into practice still is notoriously difficult. “It requires a revolutionary paradigm shift, not just in strategies and structures, but also in everything else – processes, systems, human capital, and culture.”

Against this backdrop, NikKhah said that the firm’s approach takes a holistic view on the transition to a circular economy, blending in integrated elements to ensure circular ways of working actually get from the ground.

The offering kicks off with a strategic process, which ensures that there is a clear circular economy strategy in place, and that key principles are embedded across the different pillars of the corporate strategy. “We work closely with clients to assess current operations, identify areas for improvement, and develop tailored strategies that align with their business goals while embracing circularity.”

Notably, NikKhah Consulting helps its clients identify the sweet spots for circular economy – those use cases where environmental responsibility and economic success go hand in hand.

With the fundament in place, the consultants then work with clients on redesigning products and processes with a circular mindset at the core. “In the case of products, we conduct thorough assessments to identify opportunities for design improvements, longevity, and end-of-life considerations, ensuring products are created and managed with circularity in mind.”

The same is true for waste which comes out of production operations. “We assist in developing effective waste reduction strategies, including the implementation of recycling programs, to minimise the environmental footprint of operations.”

Supply chain and logistics is another area that is taken under scrutiny, as well as other externalities that stem from a company’s footprint.

Meanwhile, for service-based businesses, the thinking is “not much different” said NikKhah, although offerings are tailored to the specifics of such businesses where human capital in fact represents the key ‘product’ being acquired.

For businesses where regulatory compliance and certifications come into play, NikKhah Consulting helps its clients with obtaining certifications and developing the robust governance and controls infrastructure needed to comply with (international) regulation.

“As a forward-thinking consultancy firm, we recognise the urgent need for businesses to adopt innovative and sustainable practices, and our circular economy services are designed to guide companies towards a more regenerative and environmentally responsible future.”

“Our team of experts brings a wealth of knowledge and experience to the table, ready to assist companies in navigating the complexities of transitioning from a linear to a circular economic model,” NikKhah concluded.