Pact for a Circular Economy

The Pact for a Circular Economy is a voluntary initiative that promotes collaboration and coordination between economic and social agents and public administrations, to jointly face the current environmental, economic and technological challenges, simultaneously taking advantage of the opportunities arising from the transition to circular economy with two objectives: 

1. To involve companies in the implementation of measures that facilitate the transition to circular economy in their operations, production cycles and functions. Thus, one of the commitments made by the Pact’s signatory companies is to identify common, transparent and accessible indicators that make it possible to know and monitor the degree of implementation of the circular economy in order to evaluate its evolution. 

2. That small and medium-sized companies (not only large ones) start to get used to handling this type of information, the financial and non-financial indicators (ESG), since in the near future it will be affected directly/ indirectly due to the implementation of Sustainable Finance Regulation and ESPR. 

This initiative helps companies to internalize the principles of circular economy and helps them to improve internal company policies and establish indicators in line with their economic activity.