Circular Transition Indicators (CTI) for businesses, created by the World Business Council for Sustainable Development (WBCSD), provide a reliable measurement framework for understanding how companies can increase circularity across their value chains and reduce their impact on climate and nature.
CTI v4.0 includes updates to the Cycle Impact module, which helps companies prioritize circular strategies in light of their impact on sustainability goals.
This updated version of CTI expands the greenhouse gas (GHG) impact methodology to provide a more comprehensive picture of how circularity can affect the carbon footprint of a company's products and materials. This methodology draws on widely adopted carbon accounting practices and focuses on promoting the reuse of products and materials across value chains. With the update to the greenhouse gas (GHG) impact methodology, the impact of using higher value inputs (used, refurbished, and remanufactured content) and recycling outputs on the material's carbon footprint is measured.
Business has an important role to play in protecting and rehabilitating natural systems, and CTI v4.0 has added a new indicator to assess the impact of circularity on the environment. This indicator, requires radical changes in the way we extract, produce, and consume resources, but promises to deliver huge benefits in halting and reversing nature loss. CTI v4.0 begins this important work on land use by focusing on significant pressure on nature loss.
To meet the increasing demand for food, fuel, and raw resources, humans have significantly transformed 75% of the Earth's land area. Applying circular methods in material supply is an important step in ensuring the sustainability of our planet's ecosystems and life. The most important driver of nature loss is land use, and CTI v4.0 will help businesses evaluate how renewable generation and resource extraction can reduce its impacts. This report therefore presents a methodology to measure the land use impact of circular sourcing strategies. With these changes, the use of CTI has become easier and its outputs have become more valuable.
You can contact our team to get detailed information about the use of CTI.
