Survey Shows 74% of Supply Chain Leaders Expect Circular Economy to Increase Profits Through 2025

September 30, 2022 EcoVadis ‏‏‎


A recent survey by Gartner, Inc. found that 74% of supply chain leaders expect profits to increase between now and 2025 as a result of applying circular economy principles. On average, supply chain organizations have been applying circular economy principles for three years to approximately 16% of their product portfolio.
“There is still such a great deal of untapped potential in the circular economy. Supply chain leaders can use the inflationary environment as a catalyst to reshape their relationship with materials. Instead of losing materials out of the economy in the form of waste, the circular economy helps capture value,” said Sarah Watt, VP Analyst with the Gartner Supply Chain practice.



Read the full article at: www.gartner.com

Read more...

About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 175+ countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
Ficosa celebrates 20 years of adherence to the Global Compact and continues to strengthen its commitment to sustainability
Ficosa celebrates 20 years of adherence to the Global Compact and continues to strengthen its commitment to sustainability

In 2002, Ficosa was one of the country’s first companies in the sector to join the Compact, as part of its ...

Next Article
Climate Week: The power of A.I. to help mitigate and manage climate change
Climate Week: The power of A.I. to help mitigate and manage climate change

BCG recently conducted a global survey of 1,000 leaders in A.I. and climate that tells us more about that p...