The concept of a circular economy is gaining traction as a more sustainable alternative to the traditional linear economy, where resources are extracted, used, and then discarded as waste. A circular economy aims to keep resources in use for as long as possible, reducing waste and minimizing the impact on the environment.
The three pillars of sustainability are tools for defining sustainable development. There are three parameters of sustainability: people, profit, and place. The Brundtland report of 1987 mentions the three pillars of sustainability- environment, economy, and society. This report has the initiative to resolve the conflict between economic growth and degradation for sustainable development.