Enel and Hewlett Packard Enterprise join CE100 to accelerate closed-loop transition
Enel Group and Hewlett Packard Enterprise (HPE) have become the latest corporate members of Circular Economy 100 (CE100), the innovation platform launched by the Ellen MacArthur Foundation to accelerate closed-loop ambitions.
Enel and HPE are using the CE100 platform to open-up collaborative opportunities with companies and organisations which are actively seeking and developing closed-loop models. The firms join the likes of Coca-Cola, Unilever and Apple in signing up to the initiative.
Global technology company HPE has set a target to increase the energy performance of its product portfolio 30 times by 2030, and purposely design for easy customer repair, upgrade or reuse. As part of its circular strategy, HPE has developed a Circular Economy report which helps customers understand how participation in its end-of-life programmes can address the social and environmental impacts of IT transformation.
Multinational energy firm Enel has set a zero-emission target for 2050, to be reached by gaining capacity from renewables and circular decommissioning of thermal plants. Enel is also focusing on smart grids, circular cities and circularity applied to its own operations as well as suppliers and customers.
Wheels in motion
The Ellen MacArthur Foundation estimates that Europe could create a net-benefit of €1.8bn (£1.59bn) by 2030 by adopting circular economy principles.
The circular economy concept received a boost last week when major companies from across the plastics value chain, including Procter & Gamble (P&G), Veolia and ExxonMobil, last committed more than $1bn (£777m) as part of a new alliance aimed at eliminating plastic waste in the environment. The alliance will use the $1bn in committed funding to scale solutions that minimise the amount of plastic in the environment by utilising closed-loop solutions.
Circular economy at edie's Sustainability Leaders Forum
The likes of Nespresso and WRI will take part in an in-depth discussion on the circular economy on Day One of edie's Sustainability Leaders Forum event in London on the 5 & 6 February. The session will look at the role of business in building peace, prosperity and economic development.
The two-day event, taking place 5 & 6 February at the Building Design Centre, London, will also include debates on what the future of business leadership in regards to sustainability, CSR and energy will look like.