How do data and data-based solutions support the success of circular businesses?
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How do data and data-based solutions support the success of circular businesses?
The Grand-Duchy of Luxembourg is a frontrunner in many economic sectors, including finance, construction, data-driven innovation and space resources.
In recent years, the country has sought to position itself as a hotspot for the circular economy (CE) and many ongoing public and private initiatives support this claim.
Based on these fruitful experiences and the recognition of the CE as a high priority by the Luxembourg government, which has made it a major feature of the 2018-2023 Government agreement, the current strategy aims to take the CE in Luxembourg to the next level. It identifies proven regulatory, financial and information management methods and tools for boosting circular initiatives, and proposes a methodology for using them in a number of key economic sectors.
This EEA Briefing highlights how digitalisation is transforming the 21st century and affecting every area of daily life, including the environmental technology sector. Digital technologies will make waste management more effective. They will enable Europe’s economy to recover more of the valuable materials present in waste streams, reducing the amount of raw materials mined or imported and avoiding the associated environmental and climate impacts.
The briefing also concludes that the digital transformation of the waste management sector should be aligned with plans to make greater use of digital technologies in the development of a circular economy.
ConnectedBin has developed a waste container solution using artificial intelligence to identify waste types and sort them properly. The Internet of Things system reports on waste types and amounts, making waste collection more efficient.
Employees and managers in related businesses can join the network and participate in meetings to discuss the development of the circular economy and how digital technologies can be applied.
The Circularity Dataset is an initiative by Luxembourg’s Ministry of the Economy and some international industry leaders. It has now developed the “Product Circularity Data Sheet” (PCDS): a data template for standardising data about the circular aspects of products.
Nachhaltig.digital is a platform for stepping up dialogue on the sustainability and digitalisation of SMEs in Germany.
It provides a space for the exchange of ideas, products, solutions, inspiration and discussion - both online and offline. The platform helps companies to use digitalisation to make their business sustainable.
The platform has also focused on the circular economy. As well as providing a forum where companies can interact, Nachhaltig.digital informs them about digitalisation and the circular economy, answering questions and telling them about current trends.
CIRCit was a 3½-year research project, spanning the five Nordic countries: Denmark, Norway, Finland, Iceland and Sweden. The objective was to help their industry to discover and implement the opportunities of the circular economy.
The project focus areas for the circular economy were:
- Sustainability screening
- Business modelling
- Circular product design and development
- Smart circular economy
- Closing the loop for a circular economy
- Collaborating and networking for a circular economy.
ELWIS: an Electronic Waste Registration System for a more responsible approach towards waste by households
In Slovakia and Czechia, an initiative set by three recent graduates has been positively impacting the sector of waste management in both countries. The Elwis Waste Registration System has the objective to increase efficiency in the cities’ waste management systems by helping reducing the amount of mixed waste.
Madaster is a platform to register and document a range of materials or products. It offers its services to individuals, companies or public sector institutions that wish to collect and store data about their materials. Madaster stores the data in a secure and efficient way.
Most importantly, the platform offers updated information about the circular values and potentials of the owned materials, thus expanding opportunities for more efficient green management of resources. With the data, Madaster provides the clients with a “material passport” that enables them to use it for moving towards a circular economy.
The Digital Platform for Circular Economy (CE HUB) recently created by the Chamber of Commerce and Industry of Serbia showcases circular economy-related information for the business community on:
- possibilities of improving knowledge and practice
- current events in the EU
- potential grants
- financial support
- business models
- possible savings by shifting to a CE business model.
The interactive part of the platform aims to:
- link business people from different sectors,
- present best practice examples, ideas and projects, and
- establish future cooperation and new investments with national, regional and international partners.
The aim is for CE businesses to join the Alliance for Green Transition of Serbia.
Circular Innovation Lab invites you to the launch event for ShopC - the first ever marketplace for circular fashion & lifestyle. Circular Innovation Lab has invited an exciting panel of participants – representatives of international organisations and fashion brands and circular economy experts – exploring topics such as sustainability, innovation and circular fashion & lifestyle.
As a partner event of the EU Green Week 2021, this conference will focus on the opportunities and challenges of the circular economy for SMEs and show how standards support the green transition. It will explore possible gaps and barriers of the current standardisation and legislative system. The conference will also highlight the role of data and digital technologies.
The Horizon-2020 SHAREBOX project promoted industrial symbiosis by developing an online platform providing information on waste resources (i.e. energy, water, residues, etc.) that could be used to replace primary resources, to plant managers and other decision-makers.
The Finnish Innovation Fund Sitra is a future fund collaborating with partners to research, trial and implement bold ideas that shape the future. It aims to make Finland a pioneer in sustainable well-being.
Since 2015, Sitra has been working to lead the way to a circular economy – a new kind of society in which everyday lives and well-being are no longer based on excessive consumption and fossil fuel use.
Currently, Sitra’s work focuses on supporting a fair transition to a circular economy and investigating how business can be based on sharing instead of ownership. Sitra is also working to advance circular trade policies, to increase the understanding of environmental effects of digitisation and to explore the potential of the circular economy to safeguard biodiversity.
EU Interreg Alpine Space Project CIRCULAR4.0 takes you on a virtual study tour on Optimal Use Business Models in a Circular Economy.
The Nordic working group on Circular Economy and Nordic Swan Ecolabel have investigated the potential for developing ecolabels for the growing sharing economy. Their findings are set out in a Study into the Potential Framework for Ecolabelling of Sharing Based Services in a Circular Economy Perspective.
The study examines sharing economy sectors and gives some recommendations:
- a screening model has been developed which indicates which market/business models ecolabels should focus on in future;
- ecolabels should adopt a medium broad definition of the sharing economy, divided into its three main groups: gig, peer-to-peer and access economy;
- ecolabels should focus on the transport sector and the entertainment business.
The Collaborating Centre on Sustainable Consumption and Production (CSCP) is an international, non-profit think-and-do tank. Together with companies, political organisations and civil society actors, the CSCP pursues its mission to mainstream sustainability towards the good life for all.
From H2020 projects (R2Pi, Scalibur, Refresh and Spread), to CE Missions to Japan and Mexico, to launching the Consumer Insight Action Panel with the European Economic and Social Committee, co-developing the European Circular Cities Declaration or designing and running the Academy of Change – a unique capacity building programme that can be replicated across various topics - the CSCP integrates multiple stakeholders and various perspectives to help implement a systemic transition towards circularity.
On 10 February, ACLIMA, ATI, EASME, DG GROW and ECESP organised the policy seminar on circular economy and advanced technology/digital policies. The panel discussed the ways industrial recovery policies realise a green, climate-resilient economy in the short and long terms, and how digital transformation respects the environment.
The Ellen MacArthur Foundation develops and promotes the idea of a circular economy. It works with, and inspires, business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally.
Its vision is a new economic system that delivers better outcomes for people and the environment. Business models, products, and materials are designed to increase use and reuse, replicating the balance of the natural world, where nothing becomes waste and everything has value.
A circular economy, increasingly built on renewable energy and materials, is distributed, diverse, and inclusive. The Foundation’s work focuses on six interlinking areas:
- Institutions, Governments and Cities
- Insight and Analysis
- Systemic Initiatives
The EU-financed LEVEL-UP project offers circularity protocols and strategies for extending the remaining useful life of large industrial equipment and assets that can no longer remain competitive in the Industry 4.0 paradigm.
CIRCULÉIRE is Ireland’s first cross-sectoral circular economy innovation network, first designated EU circular economy hotspot, and is supported by several government departments. Its goal is to accelerate the transition towards a net-zero carbon circular economy in Ireland.
CIRCULÉIRE is co-creating innovative solutions with Irish industry from the agri-food, pharmaceutical, recycling, medical devices, ICT and built environment sectors. It has a dedicated innovation fund to invest in innovation demonstration projects.
CIRCULÉIRE also engages with a wide range of stakeholders from the Irish innovation ecosystem through our open-access circular economy knowledge library and capacity building activities including annual thematic working groups and workshops.