1、Global Circularity Protocol for business:Impact Analysis on Climate,Nature,Equity and Business PerformanceContents12345Foreword 3In support of this report 6Executive Summary 10Introduction 12Defining,contextualizing and assessing the GCP 15The potential impact of the GCP at a business level 21The po
2、tential impact of the GCP at a global scale 31Conclusions and considerations 44Annexes 48Global Circularity Protocol for business3The likelihood of overshooting the 1.5C target helps sharpen our focus on the innovations,actions,and opportunity areas that can accelerate the recovery needed to keep ou
3、r planet within safe and just operating boundaries.One such opportunity area is the circular economy and the staggering 55%i of global greenhouse gas emissions that result from the extraction and processing of materials.Circularity is a critical mitigator of planetary crises;it drives decarbonizatio
4、n,helps halt biodiversity loss,and offers economic and well-being gains.It is an important lever of acceleration that can decouple resource demand from material supply.Businesses are actively seeking ways to drive change,but face challenges in measuring and disclosing circular performance due to the
5、 lack of standardized metrics and frameworks,while policy gaps impede scaling.As a result they have reduced ability for fully informed decision making on innovation,cost reduction,cutting greenhouse gas emissions,and reducing their dependency on finite resources.The Global Circularity Protocol for B
6、usiness(GCP)offers a comprehensive framework to accelerate how companies can close these gaps.Building on the success of the GHG Protocol and grounded in WBCSDs Circular Transition Indicator(CTI)metrics,the GCP is a science-based standardized framework to provide a harmonized methodology for the man