Paris, 30 April 2019: The members of WBCSD’s Global Network Partner Entreprises pour l’Environnement (EpE) and the Institut National de l’Economie Circulaire (INEC) have initiated a project for circular economy indicators in business.
The publication, titled Circular economy indicators for businesses, offers an approach to enable each business to identify the most relevant indicators for them. It draws on experiences from member businesses, as well as about 22 case studies, to illustrate possible solutions to current questions in concrete terms.
Main features of the publication include:
- The reasons that prompt businesses to measure their circularity;
- A review of the tools available for businesses;
- The key outputs of the analysis of more than 160 indicators;
- Recommendations for businesses for selecting the circular economy indicators, tailored to their business’s specific situation.
More and more businesses exploring new business models that incorporate the principles of the circular economy. These businesses need an increasing number of indicators to measure their degree of circularity and its effects on the environment, to guide their approach and strategies, linked to contributing to the Sustainable Development Goals, including Goal 12 on Responsible Consumption and Production.
Moreover, according to the UN Environment, the total consumption of resources could more than double between 2015 and 2050, putting the planet’s capacities under immense pressure. The circular economy offers a response to this situation in the form of new models, which aim to improve the management of resources by using and reusing them as efficiently as possible, thus reducing waste production and the need to extract raw materials.
Head of Climate & Resources
Entreprises pour l’Environnement (EpE)