Circular economy principles

Definition: are fundamental basis for decision making or behavior. The implementation of a circular economy is facilitated by incorporating circular economy principles into organizational policies, actions, and procedures. Examples of circular economy principles are given under CLEPA comments.

Source: Modified from sources

Type of source: Associations

CLEPA Comments:

  • Comment 1: European Sustainability Reporting Standards (ESRS) E5 includes the following circular economy principles (but not limited to):
    – minimising waste
    – maintaining the value of products, materials and other resources at their highest value
    – enhancing the efficient use of products, materials and other resources in production and consumption.
  • Comment 2:  the European circular economy principles are:
    i. usability;
    ii. reusability;
    iii. repairability;
    iv. disassembly;
    v. remanufacturing or refurbishment;
    vi. recycling;
    vii. recirculation by the biological cycle;
    viii. other potential optimization of product and material use.
  • Comment 3:  ISO59004:2024 defines 6 circular economy principles:
    – systems thinking;
    – value creation;
    – value sharing;
    – resource stewardship;
    – resource traceability;
    – ecosystem resilience.
  • Comment 4:  According to the Ellen MacArthur Foundation, the circular economy is based on three principles, driven by design:
    1. eliminate waste and pollution.
    2. circulate products and materials at their highest value
    3. regenerate nature.