The Circular Transition Indicators are now available in Japanese

Tokyo, October 25 – Today the World Business Council for Sustainable Development (WBCSD) in cooperation with KPMG Japan released a Japanese translation of the Circular Transition Indicators (CTI) v3.0. The launch took place at the WBCSD’s Annual Council Meeting, held this year in Tokyo, Japan, which was attended by hundreds of global business leaders.

CTI is a simple, quantitative framework for measuring the circularity of products and business processes. It helps companies assess risks, identify the most effective actions to become more circular, and understand the impact of their circular economy strategies on their overall sustainability goals.

In a circular economy, organizations work together to eliminate waste, increase resource productivity, and keep resource use within planetary boundaries. At the heart of the business case for circularity is the opportunity for companies to create more value by using and reusing products and materials more intelligently.

Earlier this year, the Japanese government announced plans to increase the domestic circular economy market from the current 50 trillion yen to 80 trillion yen by 2030, with a focus on reducing carbon emissions through the reuse of products and resources.

Junichi Adachi, Deputy Director of KPMG AZSA Sustainability Co., LTD., said: “The WBCSD’s approach is based on the knowledge that companies are unable to manage, improve and accelerate what they do not measure. Therefore, expanding knowledge and data on the circular economy is essential to transforming a business into one that can thrive in a circular economy. It is expected that Japanese companies with complicated and extensive value chains will take time to convert their sourcing, design, production, marketing and customer service activities to circular models. The CTI framework is useful for each of these steps and it will also be helpful in increasing transparency and accountability and redirecting capital into circular activities to develop sustainable and ambitious business models.”

Irene Martinetti, Manager, Circular Economy, WBCSD, said, “The Circular Transition Indicators help companies extract more value from products and materials by improving performance at all key circularity levers. CTI can be applied at the process, product, or business unit level, allowing organizations to measure circularity consistently—regardless of where they are on the circular maturity curve.”

Suzanne Kuiper, Senior Manager, KPMG Sustainability, added, “It’s great to see the widespread use of Circular Transition Indicators and the Japanese translation of V3.0. The circularity measurement of matter flows, the core of the framework, is accompanied in this new version by some great additions on life cycle extension, greenhouse gas impact and scenario planning. These additional insights will help companies future-proof their business through a better understanding of their circular performance.”

In connection with the launch of CTI 3.0, KPMG Japan has published an online seminar in Japanese (with Japanese subtitles) with Suzanne Kuiper from KPMG Netherlands, one of the co-authors of the CTI report. The seminar can be accessed here free of charge after registration.

If you are interested in learning more about CTI, please contact Irene Martinetti, Manager, Circular Economy.

Would you like to read about CTI in other languages? The Circular Transition Indicators are available in English, French, Italian, Japanese, Portuguese, Spanish, Traditional Chinese and Turkish.

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