How might Policy, Strategy and Digital influence the Measurement of Circular Economy Performance.
Many signals indicate that the Circular Economy is growing at a healthy pace. However, a need is emerging for tools to monitor and optimise efforts at the business level. With Sustainability Reporting systems deployed across businesses "going Circular", UL EHS Sustainability gathered selected clients and experts at the 2016 European Client Roundtable to discuss the evolution of reporting on Circular Economy Performance.
Discussions revealed that policy may act as a catalyst for broader disclosure on Circular Economy Performance, but the dominant forces in the development of Circularity Reporting are likely to be business leaders in need of data to support transformative decision making, and digital technology making new Circular Economy information flows available to reporting approaches.
Conversations concluded with a mutual recognition that Circularity Reporting, as a separate dimension of business intelligence, will require continued development in order to better support business leaders that are already executing a shift to Circular Economy operating models.
This white paper covers:
How policy can progress the Circular Economy by developing common frameworks, languages, and motivation for reporting
How strategy can shift the focus of Circularity Reporting towards value oriented outputs, and
How digital technology can enable the integration of new information flows into business reporting to provide powerful feedback on Circular Economy performance.