Circle Economy Foundation
Climate Impact & Sustainability Data (2014, 2016, 2018, 2024)
Reporting Period: 2014
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Leadership
- Technology
Environmental Achievements
- Reduced carbon footprint through energy efficiency initiatives (specific quantification not provided)
- Implementation of ENERGY STAR® programs (impact not quantified)
Social Achievements
- Focus on worker satisfaction, wellness, and productivity through workplace improvements (impact not quantified)
- Initiatives to improve employee retention (impact not quantified)
- Corporate Social Responsibility (CSR) initiatives focusing on social value (impact not quantified)
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Difficulty in succinctly defining facility management's impact and showcasing its value to the C-suite
- Challenges in securing funding for FM projects, especially those involving IT
- Need for greater collaboration with other shared services
- Shortage of FM professionals, particularly younger generations
- Need for agility and change management to adapt to evolving business needs
Mitigation Strategies
- Developing relevant case studies and success stories to showcase value
- Aligning FM metrics with other shared service metrics
- Training resources in new metric development, deployment, and reporting
- Building integrated systems to connect data from disparate resources
- Building agility and change management processes
- Attracting and developing the next generation of FM talent, including from IT backgrounds
- Focusing on soft skills development for FM leaders
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable Diets
- Climate Change
- Health and Wellbeing
- Supply Chain Sustainability
Environmental Achievements
- Reduced resource intensity of meals through plant-based options (implied)
Social Achievements
- Improved staff motivation and retention through engagement in sustainability initiatives (implied)
- Cook5 cooking competition for under-16s (Leon case study)
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Widespread perception that sustainable diets cost more
- Supply chain constraints
- Complexity of implementation and monitoring
- Lack of understanding of sustainable diets
- Lack of government incentives and regulation
Mitigation Strategies
- Educating customers, clients, and suppliers
- Investing in sustainable supply chains
- Promoting company values
- Sharing best practices
- Agreeing on a shared definition of sustainable diets
- Collaborating for sustainable diets
- Advocating for policy changes
- Integrating sustainable sourcing and health & nutrition across departments
- Piloting sustainable menus
- Bundling costs
- Developing passionate staff
- Tailoring business cases
- Horizon scanning
- Removing unsustainably sourced ingredients
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sourcing of certified organic and Fairtrade coffee, organic milk and porridge oats, free-range eggs, local and seasonal vegetables, and MSC certified fish (Leon case study)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green & Lean meals (Sodexo case study)
Awards & Recognition
- Leon named Best New Restaurant in Great Britain (2004)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced refrigerant losses
- Monitored estate energy usage
- Reduced energy consumption by saving £1.6m
- Reduced environmental impact due to a reduction in journeys
- Improved building performance and occupant comfort
- Efficiently managed water usage and consumption
- Increased asset operational life by up to 75%
- Reduced reactive maintenance by around 10%
Social Achievements
- Trained poorly performing technicians
- Improved customer-oriented services
- Improved transparency with customers
- Enhanced productivity in workflow management
- Improved stock management
- Better route planning for jobs
Governance Achievements
- Achieved smooth asset replacement
- Achieved better transparency in reporting to the client
- Evidence of engineering compliance
- Improved tender pricing accuracy
Climate Goals & Targets
Environmental Challenges
- Securing access to reliable and potent big data
- Analytics talent gap
- Issues with legacy systems
- Establishing a clear business case for funding
- Data quality
- Standardisation and nomenclature
- Data mobilisation costs
- Stakeholders’ resistance to change
- Data security, data ownership and data aggregation
- Remote access to BMS systems
- Inconsistent connectivity
- Closed protocols from product manufacturers
Mitigation Strategies
- Commissioning pilot projects, proof-of-concepts
- Integrating big data with existing systems and processes in an agile manner
- Training the existing workforce
- Investing in sophisticated CAFM systems
- Knowledge sharing/collaboration to refine predictive rules
- Developing a standard, rational method of managing and organising information
- Bespoke secondary labelling system
- Collaboration with external technology specialist
- Developing a robust technical foundation
- Establishing asset hierarchy
- Adopting agile methodology
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Circularity
- Climate Change
- Biodiversity
- Social Equity
- Decent Work
Environmental Achievements
- Identified 16 circular economy solutions that could reduce global material extraction by one-third and reverse the overshoot of five planetary boundaries.
Social Achievements
- Highlighted the importance of a just transition, ensuring that the circular economy benefits all people, particularly the most vulnerable.
Governance Achievements
- Advocated for policy changes, financial reforms, and skills development to enable a global shift towards a circular economy.
Climate Goals & Targets
Environmental Challenges
- Global circularity is declining, with a decreasing share of secondary materials in the economy.
- Unequal distribution of wealth and materials exacerbates social and environmental problems.
- Continued acceleration of material consumption does not guarantee increased wellbeing in high-income countries.
- Existing economic models do not incentivize circular solutions.
Mitigation Strategies
- Proposed a three-pronged approach: create a level policy playing field, get the economics right, and build circular expertise and skills.
- Identified 12 high-impact circular solutions tailored to different country profiles (Build, Grow, Shift).
- Advocated for systemic change through systems thinking, focusing on root causes, leverage points, and systemic enablers.
Supply Chain Management
Responsible Procurement
- Prioritizing circular materials and approaches in the built environment and manufactured goods sectors.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products and services
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
The report's recommendations contribute to achieving these SDGs by promoting sustainable development, reducing environmental impact, and creating decent work opportunities.