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The Circular Economy 100 welcomes three new members

November 02, 2018
New Members November News Item

Impact Institute empowers organisations and individuals by creating a common language and the tools for measuring and managing impact. They develop open-source standards for impact valuation, training, and services for their implementation . Impact Institute’s flagship Integrated Profit & Loss (IP&L) is a reporting and strategic decision making tool that quantifies the end results by expressing various economic, environmental, and social impacts in one metric.

Involved in regional and global initiatives, Impact Institute's ambition is to provide organisations with the measurement tools to quantify positive and negative impacts of products and services, identify and assess opportunities for the circular economy, and facilitate strategic decisions to maximise the positive impact of circular economy products and initiatives.

Toronto is Canada's largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. It is a global centre for business, finance, arts and culture, and responsible for its municipal governance.

Through the implementation of its Long-Term Waste Management Strategy, the City of Toronto is working towards an aspirational goal of zero waste and making Toronto the first municipality in the province of Ontario with a circular economy. To drive innovation and the growth of a circular economy in Toronto, the City has established a Unit for Research, Innovation, and a Circular Economy within the Solid Waste Management Services Division. The Unit is involved in research and planning as well as incorporating circular economy principles into programmes, policies, and processes, such as public procurement.

Target has more than 1,800 stores in the United States with 350,000-plus team members worldwide. Working to take circular to the mainstream, the mass retailer wants to lead the charge by offering the greatest number of products, services, and experiences that are circular by design. They are incorporating this concept into owned brands and working with recycled and sustainably sourced materials.

Target’s goal is to establish a culture and mindset around circular design and zero waste lifestyles, and to take those actions across the business. Target is committed to using resources responsibly and designing operations, products, and services to be sustainable and circular.