ABN AMRO in transition towards a circular economy

Moving towards a circular economy in 14 steps

In a circular economy raw materials are continuously recycled and waste is eliminated. Many businesses face the challenge of finding the best way to make the transition to this new economic model. The ‘Circular Economy Guide’ explains the basic principles of the circular economy, it provides concrete tools, and walks companies through the process of drawing up a sound business case in 14 steps. The guide covers the entire life of a product: from the design phase and selecting materials, to production, consumption and recycling. The steps are illustrated with inspiring examples of companies that are blazing the trail in the circular economy, such as Heyde Hoeve, a cooperative of pig breeders that makes compost from minerals in animal manure waste, with the aid of biogas.

Accelerated transition

The circular economy revolves around making optimum use of raw materials through perpetual recycling. This approach creates opportunities. McKinsey consultancy has calculated that a circular economy could save the European Union 1,800 billion euros in 2030. ‘We are on the eve of a new phase. Anticipating future developments is key here. We want to put our thorough understanding of the various economic sectors to use by helping clients get on the fast track to becoming circular. The challenges businesses face often lead to innovations that make them healthier and more resilient,’ says Niels Dijkman, Sustainability Manager at ABN AMRO Corporate Banking. ‘The Circular Economy Guide serves as a good starting point when engaging with clients about sustainability issues.’

Supporting a circular economy

ABN AMRO is one of three major Dutch banks that support the circular economy. For more information, see the press release (in Dutch) issued by MVO Nederland on 21 January 2016.

Documents

• ABN AMRO Circular Economy Guide​