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GRI 306: Waste 2020 is the first globally applicable reporting standard for companies to provide a complete picture of waste impacts along their value chain. Circulytics from the Ellen MacArthur Foundation – the global thought leader for the circular economy – is a tool that enables any business to assess circular economy performance in its operations.
The Circulytics and GRI 306 linkage document provides an overview of the disclosures in the GRI Waste Standard and maps them against the relevant Circulytics indicators. This enables companies to use the data they already collect for their GRI reporting to complete a Circulytics assessment, providing results that can enhance sustainability reporting. Access to the GRI Standards and Circulytics are both free of charge.
“The GRI Standards enable organizations to communicate their impacts in a way that is globally comparable, creating information that can be used by companies and their stakeholders for multiple purposes. When it comes to understanding waste impacts, circularity is a central focus of the GRI Waste Standard. There are strong parallels between GRI 306 and the Circulytics tool. We would encourage organizations to assess the benefits that come from adopting circular economy practices, as supported by combining GRI reporting on waste with the metrics and insights from Circulytics.”
Anna Krotova, Senior Manager – Standards, GRI“We think it is important that Circulytics users can collect relevant data from the reporting they already do, to avoid added workload. Therefore, since many companies globally use the GRI Standards in their non-financial reporting, we decided it was important to map the Circulytics indicators to GRI 306 and will continue to do so with other GRI Standards where there is an overlap.”
Nikki Kapp, Project Manager, Data and Metrics, Ellen MacArthur Foundation