The Ellen MacArthur Foundation’s circular economy performance measurement tool – Circulytics – supports a company’s circular economy transition towards the circular economy.
The Ellen MacArthur Foundation’s circular economy performance measurement tool – Circulytics – supports a company’s circular economy transition towards the circular economy. This last August Evertis sent their submission and is proud to communicate they have received an overall B+ score (average of their 3 plants) and achieved an A in their plant Evertis Ibérica S.A. - Portugal.
Circulytics measures a company’s entire circularity, not only products and material flows, but the company as a whole. This company-level measuring tool reveals the extent to which a company has achieved circularity across its entire operations. It does this by using the widest set of indicators currently available, broken down into two different categories: Enablers and Outcomes. The Enablers category is based on qualitative indicators around the enabling conditions that are important to accelerate the transition to circularity. The Outcomes analyze more quantitative indicators around materials flows, product and service design, energy use, and physical assets; providing more of a snapshot of how circular a company is.
At Evertis we are pleased with our results and believe that it is a reflection of our sustainability strategy and achievements. Although the circular economy is about much more than recycling — it is based on the three principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems — Evertis envisions a future with increased use of recycled content in our films, greater recyclability of our products and lowest feasible carbon footprint. Additionally, our group plays a leading role in sensitizing our communities to the benefits of recycling PET and advancing a closed loop economy. This overall score gives clear insights into our company’s strategy, people, systems and processes, innovation and external engagement with clients and suppliers, demonstrating our efforts towards circularity and providing transparency to investors and customers about Evertis’ circular economy adoption.
We stated that this result has not only reinforced our pledges and ambitions but has also encouraged us to become even more circular in our operating model due to the urgent worldwide need to achieve a shift towards circularity.
At Evertis we believe in forward-thinking, working with nature and for society, seeking to connect with communities and improve lives. Circulytics provides this feedback in the form of tailored insights from the Ellen MacArthur Foundation, a company that develops and promotes the idea of a circular economy, bringing solutions at scale.
The Ellen MacArthur Foundation was launched in 2010 to accelerate the transition to a circular economy. Since its creation, they have emerged as a global thought leader, establishing the circular economy on the agenda of decision makers across business, government, and academia.
Their vision is a new economic system, in contrast with the ‘take, make, waste’ linear economy, that delivers better outcomes for the economy, people, and the environment. Business models, products, and materials are designed to increase use and reuse, replicating the balance of the natural world, where nothing becomes waste, and everything has value.