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The new ISO - International Organization for Standardization standards on #CircularEconomy have been published! 👏🎈 The new family of standards brings the much-expected formalised frameworks on circular economy (CE)♻️ and will help organisations in assessing, measuring, communicating, and implementing CE principles in their business models. 💡 Just to start off, here is the #definition of the circular economy (From ISO 59004:2024): "economic system (3.1.2) that uses a systemic approach to maintain a circular flow of resources (3.1.6), by recovering, retaining or adding to their value (3.1.7), while contributing to sustainable development (3.1.11) Note 1 to entry: Resources  (3.1.5) can be considered concerning both stocks and flows. Note 2 to entry: The inflow of virgin resources (3.3.2) is kept as low as possible, and the circular flow of resources is kept as closed as possible to minimize waste (3.3.6), losses (3.3.7) and releases (3.3.8) from the economic system." 💬 What are your thoughts on the new standards and what role could they play in your organisation? 📮 Let's talk circularity! Reach out to us on our website: https://xylosweden.se/ #XyloSweden #ISO #InternationalStandard #ISO59004 #KPI #Circularity #Harmonization #CircularBusiness #Implementation

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