💡 The Global Circularity Protocol (GCP) by the WBCSD – World Business Council for Sustainable Development offers a standardized framework to help companies shift to a circular economy. 🚀 It supports target-setting, measuring, and reporting on circularity, aiming to reduce material consumption, cut emissions, and promote environmental health. The protocol’s expected outcomes include a 4-5% reduction in global material use and significant greenhouse gas and air pollution reductions by 2050. Set to launch in 2025, it includes four workstreams focused on impact analysis, accountability, policy, and science-based circularity targets. 🌐 For more details, you can download the impact analysis at this link: https://lnkd.in/e7KxKB5x.
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With the introduction of the Corporate Sustainability Reporting Directive (CSRD), businesses are urged to conduct comprehensive assessments of their environmental impact, including the double materiality analysis. For many companies, this analysis will reveal a crucial finding: CIRCULARITY IS MATERIAL! The question immediately arises: Now what? Read the blog post from Pernilla Dahlman, business leader Circular Business Lab at RISE. #industriomstallning https://lnkd.in/dx4N4jpj
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🌍 Understanding the Intersection of CSRD and Circular Economy 🌍 The Corporate Sustainability Reporting Directive (CSRD) is more than just another regulatory burden—it's a transformative force driving businesses towards more sustainable practices. SLR Consulting's recent article provides a deep dive into how the CSRD aligns with and accelerates the circular economy, making it essential reading for any corporate decision-maker focused on sustainable growth. At Spin Ventures, we recognize that the future of business is circular. Our mission is to accelerate the transition to circularity in the consumer and retail sectors by investing in innovative climate tech solutions. These efforts are not just about compliance—they're about unlocking new revenue streams and increasing profitability through sustainable practices. As highlighted in the article, integrating circularity with CSRD offers a pathway to both regulatory compliance and business excellence. Join us in this transformation. Connect with us to explore how your organization can lead in circular innovation and thrive under CSRD's evolving landscape. 🔗 Read the full article here: https://lnkd.in/eZFSN7gy #CircularEconomy #CSRD #Sustainability #ClimateTech #SpinVentures #Innovation #CorporateResponsibility #RegulatoryCompliance
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I'm cautiously optimistic about the creation of a Global Circularity Protocol - a framework to guide and harmonize business and government efforts will be increasingly necessary, to collectively move towards a future that creates less waste. Using existing frameworks like the GhG Protocol to create standardized metrics, they are aiming to release an early version at COP30, in November 2025. My concerns are primarily around contributing to disclosure / audit fatigue, though it will at least start as voluntary. Am I being too cynical? Would you welcome a framework to help guide your company's circularity efforts and transparently report on them? #GCP #Circularity
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The Circular Economy presents a sustainable solution by emphasizing the reuse of resources, a concept that is gaining recognition globally. Despite its benefits, transitioning to this model requires a fundamental shift in how we produce, consume, and dispose of goods. To facilitate this transition, major industry players are spearheading the Global Circularity Protocol for Business (GCP). This initiative aims to establish a universal standard to assess and quantify the effectiveness of circular business practices. By adopting the GCP, companies can streamline their operations, reduce waste, and contribute to a more sustainable future. To learn more about the Global Circularity Protocol and the advantages of embracing it, click on the link provided. #CircularEconomy #Sustainability #GlobalInitiative
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Looking for a summary of the inspiring discussions and expert insights from Circularity 2024? We have you covered! Read on for a summary to discover the learnings from each session at Australia's leading circular economy conference and the key themes that emerged across the day: https://lnkd.in/gfZSdDjb. #circularity2024 #circulareconomy
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Circularity frameworks: Lost?🫤 Let's answer some. We can do it!👇 Navigating existing circular economy (CE) frameworks can be challenging. Understanding some differences can help. 1️⃣ European Sustainability Reporting Standards (ESRS). ➡️ What: Part of the EU’s CSRD, focusing on sustainability reporting. ESRS is a key standard for CSRD reporting. 📲 Who: Large companies and listed SMEs in the EU. 📝 How: Disclose resource use and circular strategies under ESRS E5. 2️⃣ Global Reporting Initiative (GRI). ➡️ What: Standards for sustainability reporting, including circularity indicators. 📲 Who: Organizations worldwide. 📝 How: Use GRI 301 for material inflows and GRI 306 for waste outflows. 3️⃣ Sustainability Accounting Standards Board (SASB). ➡️ What: Standards for financially material sustainability information. 📲 Who: Companies targeting investors and financial markets. 📝 How: Integrate sector-specific SASB standards into reports. 4️⃣ Circular Transition Indicators (CTI). ➡️ What: Measures a company’s circularity by WBCSD. 📲 Who: Businesses aiming to quantify circular performance. 📝 How: Use the CTI tool for insights on material flows and circular revenue. 5️⃣ Circulytics. ➡️ What: Tool by Ellen MacArthur Foundation for assessing circularity performance. 📲 Who: Companies of all sizes. 📝 How: Receive a circular economy scorecard. 6️⃣ ISO 59020. ➡️ What: International standard for CE measurement. 📲 Who: Organizations seeking standardized circularity metrics. 📝 How: Implement ISO 59020 for comprehensive assessments. 7️⃣ Cradle to Cradle (C2C). ➡️ What: Certification for circular products. 📲 Who: Companies certifying products as circular. 📝 How: Certify products with a qualified assessment body. 💡 Bonus - as not on the picture: 8️⃣ Global Circularity Protocol by WBCSD. ➡️ What: A voluntary framework that aims to address key accountability and policy gaps currently impeding the scaling of circularity globally. 📲 Who: Companies of all sizes. 📝 How: Working towards of Science-based targets for circularity. What help you need here? PS: ♻️ Please DM me for needed amendments - it's a tricky field. Thanks Philip Ching Shing Sin for the inspiration and great meme. #circulareconomy #zerowaste #linkedintopvoices
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Exciting News from the US Circular Economy Coalition! 🌎 ✨ Keep an Eye Out for Our Upcoming Circularity Report & Webinar! We are excited to announce that the US Circular Economy Coalition will soon release a detailed Circularity Report. This report delves into key U.S. federal government policies as outlined by Executive Orders, rulemaking, and federal programs. It also examines recent legislation supporting future sustainability initiatives and collects information on federal assistance programs from leading agencies in the sustainability area. These grants, covering FY19 to FY24, incorporate aspects of circularity, even if not explicitly labeled as "circularity." Additionally, we are preparing to host an informative Webinar. More details will follow, so stay tuned! 🔔 Make sure to follow our LinkedIn page to stay updated on these forthcoming initiatives! Together, let's innovate and transform our world. Your engagement is crucial to our mission. #CircularEconomy #Circularity #Sustainability #Sustainable #Innovation #Innovate #Report #Webinar #StayTuned
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⚖️ Circularity and Compliance: The Road Ahead 📊 With new regulations shaping the business landscape, Global Circularity emphasizes the growing importance of accountability. Corporations need to adopt frameworks that promote genuine progress. Have you considered how your organization will adapt to these shifts? 🔗 #CircularEconomy #PolicyAlignment #SustainableFuture
🌍 Global Circularity Protocol for Business: Landscape Analysis 2024 🌱 The shift to a circular economy is no longer just an option; it’s a business imperative. The latest Global Circularity Protocol for Business landscape analysis highlights how corporations are performing in circular practices and the growing importance of accountability and policy alignment. Key takeaways: 🔄 Corporate performance in circularity is rising, but we still have a long way to go. ⚖️ New regulations are shaping how businesses can operate in a more sustainable world. 📊 Accountability frameworks are key to making real progress. Have you had a chance to dive into this report? What are your thoughts on how businesses can accelerate their circularity effort #DigitalProductPassports, #circulareconomy #supplychain #transparency #sustainability 🔗 https://lnkd.in/dnmVvyh7
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#Circularity is playing an increasingly important role in the economy. To help quantify the sustainability of its products and account for circularity, The Chemours Company has updated its EVOLVE 2030 portfolio sustainability assessment methodology. Learn more.
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#Circularity is playing an increasingly important role in the economy. To help quantify the sustainability of its products and account for circularity, The Chemours Company has updated its EVOLVE 2030 portfolio sustainability assessment methodology. Learn more.
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