Davos, January 17, 2017 – The World Economic Forum’s Community of Young Global Leaders, in collaboration with Accenture Strategy (NYSE: ACN), has awarded the Circulars at the Annual Meeting of the World Economic Forum in Davos-Klosters. The awards recognize individuals and organizations that have made notable contributions to the circular economy.
The third annual Circulars awards ceremony showcased advances from the private sector, public sector and civil society that drive innovation and growth while reducing dependence on scarce natural resources. The seven Circulars were awarded as follows:
The Fortune Award for Circular Economy Leadership: William McDonough, Chief Executive of McDonough Innovation, a globally recognized leader in sustainable development. He advises leaders worldwide through McDonough Innovation and with MBDC and introduced the concepts of biological and technical cycles to the circular economy field.
The Accenture Strategy Award for Circular Economy Multinational (Joint Award): NIKE, Inc., for leading work on material efficiency and waste reduction and aiming to double their business with half the impact through adopting circular economy principles. Patagonia, for a long track record of sustainable innovation in the industry and embedding the principles of the circular economy into their business strategy through the likes of their ‘Worn Wear’ initiatives.
The Young Global Leaders Award for Circular Economy SME: MBA Polymers, Inc., for up-cycling complex plastic waste streams to the same quality, and at the same price, as virgin plastic with the potential for scale and impact in plastics globally.
The AB InBev Award for Circular Economy Governments, Cities and Regions: Scottish Government, for leading a coalition across business and government to drive the circular economy in Scotland with clear impact demonstrated and ambitious targets for the future.
The CNBC Award for Circular Economy Investor: SJF Ventures, for investing in circular economy businesses across their target sectors that simultaneously scale social and environmental impact whilst delivering sound financials.
The Ecolab Award for Circular Economy Digital Disruptor: Rubicon Global, for providing a sustainable waste and recycling solution that utilizes cloud-based technology and big data to connect customers with haulers.
“The Circulars demonstrate that the days of the ‘take, make, waste’ business models are over. The path to innovation, growth and competitiveness starts by creatively reducing the strain on scarce natural resources,” said Peter Lacy, managing director, Accenture Strategy.
“Digital technology is increasingly critical to the success of the circular economy, and these awards also showcase technology innovation.”
The Circulars attracted 237 entries from 37 countries. The judging panel was drawn from the Young Global Leader community of the World Economic Forum and leading experts across business and civil society. In addition to Accenture Strategy, The Circulars are sponsored by AB InBev, Dell and Ecolab. This year’s media partners are CNBC and Fortune Magazine.
“The circular economy is now established as one of the major ways organizations, cities and economies pursue sustainable growth. The rapid progress in advance sciences, industrial design and digital innovation has been matched by a swift application of circular models at a large scale.” said Dominic Waughray Head of Pubic Private Partnership at the World Economic Forum.
“The Circulars remain an important initiative of the World Economic Forum’s Young Global Leaders to recognize and celebrate such cutting edge innovation and impact.”
“It was true pleasure talking to Dame Ellen MacArthur, Ellen MacArthur Foundation and Ida Auken, Member of Parliament of Denmark – The Young Global Leaders Circular Economy Taskforce, a World Economic Forum Young Global Leaders (YGL) initiative in Davos, at The Circulars Awards. Clear vision, amazing experiences, concrete actions on place for making this world more circular. Proud to be engaged in this movement with Circular Change,” Ladeja Godina Košir said after the event.