Circular Metrics for Business
Circular Metrics for Business
Circle Economy regularly reviews circular frameworks to help businesses identify the metrics that work best for them. The CIRCelligence indicators framework, designed by BCG and introduced in the paper Circular Metrics for Business - Introduction to the CIRCelligence indicators framework, helps businesses assess the circularity of their entire value chain, from input to end of life.
The paper provides a holistic assessment of resources flowing into the business (inflow), resource use (slow flow) and the type and amount of resources flowing out of the company (outflow). Through a qualitative assessment, it also takes into account whether the business model is adapted to circular thinking.
CIRCelligence is designed for the high-level management, CSR experts and executives of a business. It requires more input than most other circular economy metrics and so provides a more thorough and detailed overview of an organisation’s circular performance. Results can also be used to report on progress.