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Measuring the circular economy: Frameworks, Indicators and Impact Management

Foretica

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Spain

Forética and the Task Force on Circular Economy*, which coordinates with 11 large Spanish companies, presented on 11 July 2019 the report Measuring the circular economy - Frameworks, Indicators and Impact Management.

The document analyses the business opportunities in measuring circular economy in business management and contains a roadmap to support companies in this measurement.

This report identifies how to measure circularity in business using three different scopes:

  • the measurement of the physical flows,
  • the positive impact for companies from resources efficiency
  • impact on Sustainable Development Goals.

The report stresses the importance of carrying out a specific analysis of the "circularity" of each sector to advance faster in this transition, which will create 2 million jobs in Europe by 2030 according to estimates by the European Commission. The document includes a series of practical examples that illustrate how the Group companies measure their approach to the circular economy.

*The Task Force on Circular Economy consists of 11 large companies: Cerealto Siro Foods, Deloitte, Ecoembes, Ecovidrio, Endesa, IKEA Ibérica, ING, Nestlé, Red Electrica of Spain, Saica and Via Célere .

Read Foretica's press release