Chapter 07 · Materials & footprintsCircular Economy & Materials
Sharing economy
Definition
The sharing economy is the use of platforms or arrangements that allow assets, products or services to be shared, rented or accessed by multiple users.
References
This reference provides supporting context for how “Sharing economy” is defined and used.
Overview
What it means in practice
Sharing economy should be read as a materials and circular-economy term. Its meaning depends on the product, material pathway, infrastructure and evidence behind the claim.
In practice, users should state the boundary, material route, measurement method and evidence. That keeps sharing economy clear enough to support review without turning it into a broad claim.
Why it matters
Sharing economy matters because circularity claims can influence design, procurement, consumer understanding and reporting. Clear wording helps distinguish real material outcomes from broad environmental language.
Common misconception
A common error is to treat Sharing economy as proof of circularity by itself. The stronger approach is to state the material route, quality, scale and final use.
Review questions
What boundary or material route is being described? What evidence supports the term? What condition, timeframe or modelling choice should be stated before a reader relies on it?
How it is used
In professional practice, “Sharing economy” helps designers, manufacturers, procurement teams, life-cycle practitioners and waste managers describe or assess the use of platforms or arrangements that allow assets, products or services to be shared, rented or accessed by multiple users. It is commonly encountered in product design, procurement, footprinting, material selection, production and end-of-life decisions.
A credible application identifies the product system, life-cycle stages, functional unit, geography, timeframe and measurement method.