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What it is
Material Circularity Indicator (MCI) is an assessment tool for companies to improve product design and material procurement. The MCI tool:
How MCI and Circulytics complement one-and-other
The company-level Circulytics and the product-level Material Circularity Indicator (MCI) are complementary as they address different needs, but with the same dataset. MCI data, when available on a company or on a business unit level, can be applied to the Circulytics material flow related question indicators.
What it is
CTI is a self-assessment framework for companies to help them understand the circularity performance of their material flows and energy consumption. It also looks at the use of critical materials and circular material productivity.
CTI allows companies to:
These elements enable CTI to be used in scenario planning. They are also useful in having informed discussions with suppliers and customers.
Other benefits and more details are available directly from WBCSD and via their website.
How Circulytics and CTI complement one-and-other
The Foundation and WBCSD have worked together to ensure the greatest viable degree of alignment as to how we collectively define and measure circular economy for companies. Importantly, the definitions and the ways each method measures material flows have been aligned so that companies can use the same datasets if they choose to use both tools.
What it is
Global Reporting Initiative (GRI) provides standards for sustainability reporting on a range of economic, environmental and social impacts. GRI updated their Waste reporting standard 306 in May of 2020 to include elements of circular economy. The standard requires organizations to report on waste generated throughout the value chain, and release detailed information on its composition and how it is managed.
How GRI 306: Waste 2020 and Circulytics complement one-and-other
GRI 306 includes elements of circular economy, and companies who use either GRI 306 or Circulytics are able to use the same data in both methods. A detailed mapping of Circulytics indicators to GRI 306 indicators is available here.
Other tools to follow in 2020 and beyond as they are launched