Buyer’s Guide: Circular Economy Consulting Services (2023)

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Executive Summary

This report provides executives in sustainability, finance, operations, design and product with current analysis of nine circular economy service providers. It draws upon data collected from vendor questionnaires and interviews, as well as previous Verdantix research, supplemented with publicly available information. The circular economy is growing in prominence not only as a means to enhance business performance, but also to achieve sustainable operations and unlock additional value throughout organizations. Prospective buyers should use this guide to support their search for consulting service providers that correspond to their specific circularity requirements. 

Table of contents

Buyer’s guide to circular economy consulting services
Defining circular economy services
Circularity can enhance innovation, efficiency and sustainability performance
Buying concepts of circular economy service engagements
Key criteria that buyers should consider when seeking services
Selection criteria for the circular economy services Buyer’s Guide
AFRY
Anthesis
Boston Consulting Group (BCG)
Bureau Veritas
Capgemini
Ricardo
Stena Circular Consulting
SYSTEMIQ
WAP Sustainability

Table of figures

Figure 1. Types of circular economy services
Figure 2. Relative importance of circular economy regulations and other ESG and sustainability standards
Figure 3. Examples of recent corporate circular economy innovation and target-setting
Figure 4. Circular economy services applied to the product life cycle
Figure 5. Case studies of circular economy service vendors
Figure 6. List of circular economy service providers
Figure 7. List of circular economy providers profiled
Figure 8. AFRY service offering overview
Figure 9. Anthesis service offering overview
Figure 10. Boston Consulting Group (BCG) service offering overview
Figure 11. Bureau Veritas service offering overview
Figure 12. Capgemini service offering overview
Figure 13. Ricardo service offering overview
Figure 14. Stena Circular Consulting service offering overview
Figure 15. SYSTEMIQ service offering overview
Figure 16. WAP Sustainability service offering overview

Organisations mentioned

3E Exchange, 3M, Accenture, ACLCA, AECOM, AFRY, Agendi, Air France, Airbus, Amager Resource Centre (ARC), Amazon Web Services (AWS), Anthesis, ArcelorMittal, Arup, AstraZeneca, ATD, Audi, Autodesk, Bain & Company, Battery Pass, BDO, BIFMA, Bike Club, BMW Group, Boston Consulting Group (BCG), BRODIE Consulting, Bureau Veritas, Canary Wharf Group, Capgemini, Carlyle, CDP, Centre for Sustainable Energy (CSE), Circle Economy, Circulor, Clean Production Action, Crédit Agricole, Dassault Systèmes, DEKRA, Deloitte, Delterra, denkstatt, Drax, DS Smith, DuPont, Electrolux, Ellen MacArthur Foundation, Enel, ERM, European Commission DG RTD, EY, German Federal Ministry for Economic Affairs and Climate Action (BMWK), Global GreenTag, Global Plastic Action Partnership, Global Reporting Initiative (GRI), Groupe Coriance, Handelens Miljøfond, Heng Hiap Industries, Hilti, HP, IBM, IFRS Foundation, IKEA, International Organization for Standardization (ISO), Japan Airlines, Lufthansa, Material Focus, McKinsey & Company, Mepex, Microsoft, Modern Milkman, Nestlé, openLCA, OPRL, OPTEL, PepsiCo, Polestar, PTC, Quantis, Rail Safety and Standards Board (RSSB), Ramboll, Renault, Ricardo, Safran, Salesforce, SAP, Science Based Targets initiative (SBTi), Siemens, SimaPro, SLR Consulting, Sphera, Stena Circular Consulting, Stena Metall, SYSTEMIQ, Tsetinis, Unilever, US Securities and Exchange Commission (SEC), Walmart, WAP Sustainability, Wayfair, World Business Council for Sustainable Development (WBCSD), World Economic Forum, Zero Waste Scotland

About the authors

Guy Lewis

Industry Analyst
Guy is an Industry Analyst in the Verdantix ESG & Sustainability practice. He currently leads research on circular economy software and services and supports research across several other ESG and sustainability themes. Prior to joining Verdantix, Guy was an energy specialist helping to optimize member experience, through which he gained knowledge of both operations and smart technologies. Guy holds a BA in Geography from the University of Manchester, with a placement year at the University of Queensland.

Priyanka Bawa

Senior Analyst
Priyanka is a Senior Analyst in the Verdantix ESG & Sustainability practice. Her current research focuses on ESG and sustainability consulting services and social aspects of ESG regulations, reporting and disclosures. Prior to joining Verdantix, Priyanka led diversity, equity and inclusion (DE&I) research in the legal and environment sectors. She holds a DPhil in Social Policy from the University of Oxford.

Kim Knickle

Research Director, ESG & Sustainability
Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain sustainability, circular economy, social impact, and sustainable finance. Kim has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering and product safety testing, beginning her career at Underwriters Laboratories, Inc. Kim holds an MBA from Boston University and a BS in Electrical Engineering from Cornell.

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