Strategic Focus: Understanding The Key Policies Driving Circular Economy Adoption
03 Jan, 2024
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Executive Summary
In order to support local, national and regional sustainability goals, governments are increasing the rollout of policies, strategies and regulations that outline requirements for organizations to integrate more circular operations into their business practices. This report provides information on some of the key initiatives that corporates should be aware of in a growing ESG and sustainability regulatory environment, with specific details for certain industries and some practical measures to embed circular economy practices.
Circular economy policies are growing in breadth and depth of coverage
A combination of regulation, fiscal policy and nationwide strategy is defining the circular economy landscape
Apparel, automotive and process industries face the biggest push
Engagement presents an opportunity for value
Turning requirements into opportunities requires ambition
A combination of regulation, fiscal policy and nationwide strategy is defining the circular economy landscape
Apparel, automotive and process industries face the biggest push
Engagement presents an opportunity for value
Turning requirements into opportunities requires ambition
Figure 1. Policies, roadmaps, regulations and strategies for circular economy initiatives
Figure 2. EU directives, strategies and regulations for circularity
Figure 3. Timeline of significant implementation dates for circular economy policies
Figure 2. EU directives, strategies and regulations for circularity
Figure 3. Timeline of significant implementation dates for circular economy policies
Organisation for Economic Co-operation and Development (OECD), Renault, Redwood Materials, Pregis, Adidas, Volvo Cars, International Energy Agency (IEA), European Council, European Commission, DuPont, Nike, Amazon, eBay, LyondellBasell, Polykemi, US Environmental Protection Agency (EPA), Circulor, ISCC, Unilever
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 acro…
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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