Strategic Focus: Innovative Circular Technologies Advancing Climate And Sustainability Performance

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Executive Summary

Innovative technologies in materials science, bio- and chemical engineering and decarbonization are playing a vital role in improving circularity in key industries that have historically relied on resource extraction. Through a combination of software and hardware, new solutions that support chemical and water recycling, the decarbonization of concrete, and synthetic material development will not only play a vital role in the transition to a circular economy, but will deliver secondary benefits that can help manufacturers and brands reach their net zero and nature-positive goals. This report should be used by corporates operating predominantly in heavy industries to assess their own processes and to discover ways in which these new technologies can improve their sustainability.  

Table of contents

Growing resource pressure is driving innovation in material solutions
The current state of resource use does not align with future sustainability scenarios
The resource gap can be closed with powerful circular solutions
New technologies can target the inefficiencies organizations face
Solutions represent lucrative opportunities for investors and corporates alike

Table of figures

Figure 1. Regulations, directives and strategies driving greater focus on resource use
Figure 2. Examples of technology to resolve existing resource constraints 
Figure 3. Funding into technology supporting the circular economy in industry

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.

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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