Added: May 31, 2021
Last edited: May 31, 2021
This white paper details the importance of measuring circular impact and using it to steer decision making in business. Using the case study of Meerlanden, the paper shows how data on circularity can bolster profitability in business while limiting negative environmental and social externalities through two avenues: integrated profit and loss and multiple balance sheets. Next steps and recommendations are provided for companies, financiers and accountants.
This white paper elaborates on the need and potential of integrating information on circular impact into the financial reporting of a company.
STANDARDISATION: There needs to be comparability between different circular impact measurements to create a level playing field;
IMPORTANCE OF CIRCULAR IMPACT DATA: Circular impact should explicitly inform management and financial decision making;
GETTING STARTED: Start measuring and monitoring in order to practise generating and using data;
CIRCULAR IMPACT AS A COMMUNICATION TOOL;
INTEGRATION OF NON-FINANCIAL INFORMATION IS KEY
More information about the Coalition Circular Accounting: https://www.circle-economy.com/programmes/finance/coalition-circular-accounting
Material efficiency
Reusable, recyclable materials and inputs
Water efficiency
Energy efficiency
Renewable energy, fuels
Closed loop collection
Open loop collection
Open loop upcycling
Generating energy from waste
Processing waste into fuel
Recovery and reuse of waste energy
Design for bio-degradability
Data analytics, modelling
Jobs
Well-being
Productivity
Reduce Emissions (SDG13)
Reduce Material Consumption (SDG12)
Minimise Waste (SDG12)
Save Water (SDG6)
Reduce Energy Consumption
Coalition Circular Accounting
cca
impact