Our approach to measuring the circularity of products and services is based on the indications present at the international level with particular attention to the regulatory ones implemented by the European Commission.
Measurement is aimed to provide operational results to the companies, to give concreteness and tangibility to the actions pursued, to facilitate improvement interventions and to monitor results over time.
We develop a “tailor-made” approach dedicated to the company’s activity.
We develop the metrics by collecting the most relevant data in a context of efficient use of resources and, through dedicated KPIs, we develop one or more final measurement indicators.
This is a functional and efficient approach that has already been consolidated over the years with projects in various product sectors.
Matrec provides the companies to carry out the circularity measurement process, characterised by four main phases:
resources used evaluation
critical points identification
improvement objectives definition
alternative materials solutions search
The four main phases can be broken down into three different approaches:
- Circular Materials Mapping Company or Material Capital (CMMC), considers the material input resources used by the company for the overall production of products, services, projects.
- Circular Materials Mapping Product (CMMP), considers material resources in input and output by including the design stage of the product, service or project in the analysis.
- Circular Economy Performance (CEP), examines the life cycle of a product, service or project, analysing inputs, outputs, design stage and the production process.
The measurement is carried out using the CircularTool: a cloud-based tool developed by Matrec for its customers.
In order to achieve greater market recognition, it is possible to certify the measurement of circularity for each of the three approaches. The certification enables a management system to be put in place for the implementation of material balances aimed at the efficient use of resources and the measurement of circular economy for an organisation, product, service or project.
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