The Circulars, an initiative of the World Economic Forum and the Forum of Young Global Leaders, run in collaboration with Accenture Strategy, is the world’s premier circular economy award program. The award offers recognition to individuals and organizations across the globe that are making notable contributions to the circular economy in the private sector, public sector and society. The annual awards are hosted at the World Economic Forum’s Annual Meeting in Davos, 22nd January.
2018 Finalists from the Public Sector include the London Waste and Recycling Board (LWARB) who together with the Greater London Authority (GLA) are ensuring London leads the transition to a circular economy.
Together with other public bodies, businesses, and academia across the capital, they are pioneering a radically better outcome for our citizens and our world.
Their major focus is around creating an ecosystem that will enable London to become the world’s circular economy capital. This is being done in a number of ways:
- Supporting circular economy SMEs to grow and traditional businesses to transition through venture capital, collaboration, an accelerator programme and tailored business support.
- Creating a Circular Economy Route Map with 100 practical actions.
- Embracing circular economics across public policy and procurement.
2018 Finalists from People’s Choice Entrepreneur include Toast Ale and Vigga.
Toast Ale Ltd is a social enterprise committed to giving 100% of profits to organisations tackling food waste. They created a scalable business model through contract brewing and licensing so the business can grow quickly and deliver maximum social impact.
In the UK, 44% of bread is wasted. Their solution? A great tasting beer brewed with fresh surplus bread – turning a perishable food item into a stable, long-life product. More broadly, they communicate the issue of food waste to consumers in a fun, engaging way and donate profits to the charity Feedback and to end food waste.
VIGGA is a maternity and kid’s wear brand designed for a circular economy, because pregnancy bellies and kids grow and clothes don’t. Through their circular subscription online platform, VIGGA offers high quality, organic clothes for a monthly subscription fee.
VIGGA solves a universal problem: Parents are forced to take part in the buy and throwaway society, because children or bellies grow – clothes do not! The VIGGA customer receives a bundle of clothes, which are exchanged for larger sizes as the child or belly grows. The returned clothes are checked for flaws, treated and repackaged.
2018 Finalists from the SMEs category include Fairphone.
We on a global scale we are in a transitional period between a linear and circular economy, but we have a long way to go. Fairphone make it an important part of how they do business, attempting to integrate circular economy at various levels and holistically across the business.
Fairphone is bringing the circular economy to the mobile phone industry. Their focus on the circular economy is brought to life through the design of the Fairphone 2 and the reuse and recycle programs they lead. They have developed a modular design phone which allows the user to customize, upgrade and repair the phone more easily, with the company goal to slow down obsolescence. Their solution is a phone that is easier to repair and, easier to refurbish, recycle and dismantle.
These and other circular successful initiatives are happening all around the world, The Circulars Awards is the premier program to giving them recognition. Check now all The Circular Finalists here.