In 2016, 92% of Fortune 500 companies responding to the CDP used GHG Protocol directly or indirectly through a program based on GHG Protocol. It provides the accounting platform for virtually every corporate GHG reporting program in the world.

Although the use of common indicators for circularity performance is essential to accelerating the transition to the circular economy, the value of CTI for a company goes beyond the calculation in the guidance, analysis and explanation for how circularity drives company performance. The CTI process helps companies’ scope and prepare the assessment and interpret its results, understand its risks and opportunities, prioritize actions and establish SMART targets to monitor progress.

Knowledge of how industries can transition to the low carbon economy is often scattered across different pieces of research and inaccessible to those driving the change. By standardizing transition strategy in ACT methodologies built around a common framework – and involving company and sector stakeholders in the methodology development – ACT can ensure this essential information is made available to those who need it.