Business Classes – Sustainability: Class 4
Circular Economy Metrics for Business by Business
According to the Circularity Gap Report, the global economy is only 9% circular today. The Circular Transition Indicators (CTI), shaped by 26 multinational companies, help answer questions like:
- How circular is my company?
- How do we set targets for improvement?
- And how do we monitor improvements resulting from our circular activities?
The CTI is simple, applicable across industries and value chains, comprehensive yet flexible, complementary to a company’s existing sustainability efforts and agnostic as to material, sector or technology.
Central to the CTI stands a self-assessment that determines a company’s circular performance. Although the use of common indicators for circularity performance is essential to accelerating the transition to the circular economy, the value of the CTI for a company goes beyond the calculation in the guidance, analysis and explanation for how circularity drives company performance.
The CTI process helps companies to scope and prepare the assessment and interpret its results, understand its risks and opportunities, prioritize actions and establish SMART targets to monitor progress.
This session provides participants with an introduction to the Circular Transition Indicators and to the CTI Tool. Using the tool initiates value chain discussions. It delivers a framework to prepare this response. It does not provide a rating but leaves it to the company to determine whether the results are in accordance with its ambitions, putting the company in the driver’s seat of its own circular transition.
For implementers, the CTI Academy provides additional resources such as:
- CTI Case Studies
- Tutorial videos
- Recorded webinar
- Interactive webinar
- Training for individuals
- Training for companies
Recommended pre-reads and links:
Constant VAN AERSCHOT
Director Asia Pacific
World Business Council for Sustainable Development (WBCSD)
Constant leads the WBCSD regional office in Asia Pacific. He is a sustainability and construction sector expert. He manages regionally relevant programs and liaises with local WBCSD members. He brings the latest sustainability-related frameworks, methodologies and toolkits for business implementation in strategy and operations. Constant sits on the board of two nonprofit organisations in Singapore and one in Malaysia.
He frequently speaks at seminars and is an invited judge for sustainability awards. He is on National Environment Agency’s Editorial Advisory Panel for Envision and was an invited member of the international panel of expert to review Singapore 3rd Green Building Masterplan.
His previous roles include VP Public Affairs and Sustainable Development (LafargeHolcim), corporate strategy senior analyst (Alcatel-Lucent), practicing civil engineer and board member of a foundation in France.
Kindly note that there are limited seats available, registration is binding and payment is non-refundable. The organisers reserve the right to change the programme content without giving prior notification or any reasons thereof.