Self-assessment: How Well is Your Company Performing on Circularity?

Sustainability

Self-assessment: How Well is Your Company Performing on Circularity?

  • Self-assessment: How Well is Your Company Performing on Circularity? First self-assessment on circular performance launched by the World Business Council for Sustainable Development (WBCSD), helping companies to measure their sustainability efforts and readiness for circular transition.
  • Date: Jan 30, 2020
  • Category: Sustainability
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About the Report:

Two years in the making, the CTI framework has been jointly developed with 26 WBCSD member companies, representing 13 industries, across 13 countries and USD $1.7 trillion in annual turnover, making it truly built for business, by business.

The CTI is a comprehensive framework that complements a company’s existing sustainability efforts and it is applicable to all companies, regardless of their industry, value chain position or geography. It enables companies to take ownership of their circular transition and perform their self-assessment based on their own scope and priorities, in full confidentiality and without sharing data with third parties.

The CTI fills the gap for a universal and consistent way of measuring circularity. It gives companies a common language to use both for internal decision-making and for communicating with external key stakeholders in the supply chain. The CTI framework is completed by an online tool, a software specifically developed in partnership with Circular IQ, for companies to do their own circular assessment.

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Published by

World Business Council for Sustainable Development (WBCSD)

  • Tags : Sustainability, Circular Economy

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