G&A will guide you through the CTI framework in a step-by-step process.
The CTI framework encompasses seven steps, outlined below, to guide the assessment of a company’s circular performance.
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Scope: determine the boundaries
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Select: select the indicators
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Collect: identify sources and collect data
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Calculate: calculate circularity
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Analyze: interpret results
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Prioritize: identify opportunities
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Apply: plan and act
The first four steps are focused on the actual performance measurements for a company and yield quantitative results. The final three steps yield qualitative results that can serve to provide context for the quantitative results.
Circular Transition Indicators (CTI) framework
The World Business Council for Sustainable Development (WBCSD), with the support of others, developed the CTI framework as a universal framework for measuring circularity. The framework can be used to measure circularity of individual products, business segments, or entire businesses. The calculation and use of material flow-focused circular performance indicators can help companies to understand related risks and opportunities, set targets, and monitor progress towards a circular business.
This project allows an organization to:
- Measure circularity by assessing the organizations’ material resource inflows and outflows.
- Understand the resource use of its own operations and value chain and support decision making and transparency in the transition towards a more circular business.
The results can be used to respond to the European Sustainability Reporting Standards (ESRS) E5 Resource Use and Circular Economy disclosure.