Regarding the circular economy we were among the first to develop a methodology for measuring the circularity of a product.
Our methodology considers the economic and environmental aspects in terms of resources used such as materials.
By collecting data on flows “input” and “output” throughout the product life cycle, we calculate the circularity of the product and we identify any critical point.
You should consider that by measuring the circularity of a product you can also explore new marketing strategies, such as sales of service as a substitute to product sales.
To let you know about our approach and the tools we have created, we suggest you read here.