The Ellen MacArthur Foundation is proud to officially welcome SUN (Stiftungsfonds für Umweltökonomie und Nachhaltigkeit GmbH) as a new Philanthropic Partner, the first in a series of new partnerships to be announced in the coming months. As a Philanthropic Partner, SUN will enable the Ellen MacArthur Foundation to explore new areas of research and insight that will help accelerate the global transition to a circular economy.
Stiftungsfonds für Umweltökonomie und Nachhaltigkeit GmbH (Foundation for Environmental Economics and Sustainability), or SUN, was established in September 2014 by the Deutsche Post Foundation in Bonn, Germany. SUN supports institutions, programmes and projects dealing with the challenges and opportunities of environmental protection and sustainable development.
We believe that circular economy thinking will advance the world economy and the environment. In the field of circular economy, the Ellen MacArthur Foundation is writing a great success story. Therefore, we are proud to support the Ellen MacArthur Foundation and to strengthen its capabilities.
This new partnership follows a previous successful collaboration between the two organisations, with SUN sponsoring the influential 2015 report Growth Within: a Circular Economy Vision for a Competitive Europe authored by the Ellen MacArthur Foundation and the McKinsey Center for Business and Environment. The report was presented at the European Commission’s stakeholder conference on the circular economy in Brussels, which led to the adoption of the EC Action Plan for the Circular Economy in December, opening up €24 billion of existing finance to circular economy businesses.
In partnering with the Ellen MacArthur Foundation, SUN joins a network of leading businesses, universities, governments and cities, and Global Partners, Cisco, Google, H&M, Intesa SanPaolo, Kingfisher, Nike, Inc., Philips, Renault and Unilever. Philanthropic Partners are a new addition to this network, which specifically welcomes the support of philanthropic entities.
We are delighted to be working with SUN, our first Philanthropic Partner, to expand our circular economy research and analysis capacity. Our new relationship with SUN is highly complementary to our work with existing Knowledge and Design Partners, and with government, business and academic communities, in enabling the shift towards a circular economy.