The Circular Transformation of Industries is a multi-stakeholder initiative at the World Economic Forum that aims to enable a growing, resilient and sustainable economy through the adoption of circularity at scale.
We advance circularity to drive:
Resilience: Improving supply chain control, flexibility and responsiveness to shocks
New Sources of Revenue: Innovating with business models that generate new economic opportunities
Efficiency: Maximizing value from scarce resources
Sustainability: Reducing environmental footprint and delivering net-zero goals
Why is the Circular Transformation of Industries initiative needed?
Over the past 20+ years, businesses, industries, and governments have experimented with circularity initiatives mainly focused on waste management, missing the much broader systemic opportunity. True circular transformation requires a systems-wide change. Not only from waste management but from operations, manufacturing and business models. Systems change will come from a community that will drive progress at a global, cross-industry level.