The momentum to step away from a take-make-waste economic model is growing and we see both the private and public sectors to begin setting ambitious circular targets. Transparency and alignment are critical to establishing a common language across industries and governments.
For this reason, together with 26 of our members we have jointly developed a universal and consistent framework to measure circularity. The Circular Transition Indicators (CTI) is a simple, objective and quantitative framework that can be applied to businesses of all industries, sizes, value chain positions and geographies.
Built by business, for business, the CTI provides companies with a common language to use for internal decision-making and communicating to key stakeholders. The CTI, and its free online tool, are now available on these links: CTI report, CTI tool.
Digitization and smart software solutions enable companies to accelerate their transition towards the circular economy. We partnered with Circular IQ to develop the free online tool that supports and guides companies through the CTI process. The tool structures data, calculates the outcome and helps companies to draw conclusions and formulate actions. It can support users to reach out to internal stakeholders or value chain partners for data requests that avoid confidentiality issues.
The CTI Academy offers several services to learn more about the Circular Transition Indicators. Depending on your needs, availability and time, these are a few channels through which we can get you up to speed on what CTI is, how it works and how it can help your company.
To support companies in adoption of CTI into their strategy setting, we have trained experts in CTI that can help prepare and perform CTI assessments, as well as interpret the outcomes and translate them into action. The first group of service providers represent consulting companies within our own member base, but new trainings will be open for application to any service provider.