2024从言辞到行动-消费品和零售行业的循环经济发展之路研究报告（英）-毕马威

Fromtalktoaction

Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

KPMG.MaketheDifference.

KPMGInternational

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

Knowledgeand

Resource

Resource

Circularity

Conclusionsandkey

targets

resources

inflows

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Introduction

Consumergoodsarepartofourdailylives.Weusetheminvastvolumesandvariety,oftenwithavoidablyshortlifespansandahighimpactontheplanet’sresources.Whileconsumergoodsandretail(C&R)companiesincreasinglypromoteeco-friendlyinitiatives,thesector’srelianceonfiniterawmaterialsandfossilfuelstoservetheseconsumerneedscreatesacontradiction.

Despiteagrowingemphasisonreducingenvironmentalimpact,shortlifespangoodscontinuetobeproducedatscale,leadingtosubstantialwasteandresourceuse.Thisreliancealsomakesthesector

increasinglyvulnerabletosupplychaindisruptions,whichcandeepenpotentialenvironmentalimpactsandslowcircularityprogress.

Whereregulatorymeasures,taxes,andincentivesaimtoacceleratetheshifttowardsacirculareconomy,inconsistenciesinthepaceofadoptionacrosstheC&Rsectorhighlightthecomplexitiesinaligningoperationalpracticeswithcircularitygoals.Broadinnature,thesecomplexitiesarebornefromthedynamictensionbetweencompanies’ownpledges,

consumerexpectations,andever-shiftingregulations.

Whilecompanypledgesarewell-intended,theytypicallylack

theunderlyinginfrastructuretodeliverontheircircularintentions.

Well-establishedandtraditionalprocessestendtoprevailinfavorofmarginandmarketdemand,whichcanlimitavailablefundsandresourcestoinvestinnewcircularinitiativesandinnovations.

Atthesametime,consumersareseekingmorecircularoptionsastheybecomeevermoreawareofhowtheirbuyingdecisionsaffecttheenvironmentandoursociety,bothpresentandfuture.Inarecentglobalsurvey,69percentofconsumersagreedthat“wemustconsumelesstopreservetheenvironmentforfuturegenerations”,with91percentexpressinganinterestinbuyingmoresustainableproducts.1

Foranindustrypressuredbybothmarginandvolume,webelieve

thebusinesscaseforacirculareconomyisurgentnowmorethan

everbefore.Withelementsofbestpracticesbeginningtoemergeinsomesub-sectors,acceleratingthetransitiontoacirculareconomyisexpectedtocomefromharnessingcollaborationtolearnfromthoseahead—movingcollectivelyatthespeedofthefastest.

ItisherethatcircularitycanbringwithitsignificantopportunitiesforC&Rtoreimaginethefuture.

Thecirculareconomyisaneconomicsystemthatusesasystemic

approachtomaintainacircular

flowofresourcesbyrecovering,

retainingoraddingtotheirvalue,allwhilecontributingtosustainabledevelopment.2

1Healthy&SustainableLivingReport2023.GlobeScan(October26,2023).

2CircularEconomy-Vocabulary,principlesandguidanceforimplementation.ISO59004(2024).

2|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

Thesixareasevaluatedaspartofourassessmentare:

1Ambitionandstrategy

Creatingacomprehensivecircularvisionandstrategy,definingclearobjectives,anddevisinganimplementationplan.

2Goalsandtargets

Establishingmeasurablecirculargoalsandtargets,andtrackingandcommunicatingthemtostakeholders.

3

4

5

Knowledgeandresources

Allocatingresourcesanddevelopingskillstohelpacceleratecircularpracticesalongsideeducatingconsumers.

Resourceinflows

Assessinginputresourcesandcarefullyselectingmaterialstofacilitatecirculardesignandoperations.

Resourceoutflows

Monitoringoutgoingproductsandresourcestocreate

closedoropenloopsthatsupportcircularbusinessmodelimplementation.

6Circularityenablers

Developingsolutionsandfosteringindustrycollaborationtoenablesystemicchange.

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

Knowledgeand

Resource

Resource

Circularity

Conclusionsandkey

targets

resources

inflows

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

KPMG’sC&Rcircularityreadinessassessment

Circularityenablers

Resourceoutflows

10

8

Ambitionandstrategy

6

4

2

0

Resourceinflows

Goalsandtargets

Knowledgeandresources

●Fashion●Furniture

Foodandbeverage●Retail

ConsumerelectronicsLuxurygoods

HomeandpersonalCare●Total

3|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

Knowledgeand

Resource

Resource

Circularity

Conclusionsandkey

targets

resources

inflows

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Beyondlinear:Theurgentneedforacirculareconomy

Despiteaworldwidesurgeincommitmentstoachievenetzero

andpreservenaturalresources,only7.2percentoftheglobal

economyoperatesonacircularmodel3—afigurethathas

alarminglydeclinedinrecentyears.Conflatingconcerns,by2060,thedemandsofurbanization,industrialization,andpopulation

growthareexpectedtoincreasethevolumeofreservestaken

fromtheEarthby60percent4incomparisonto2020levels—a

starkforecastaddinggreaterurgencytothecallforsustainable

productionandconsumption.Forconsumergoodscompaniesandretailers,thecirculareconomyisnolongeranicetohave—it’s

becomingbusinesscritical.

Assessingcircularprogress:KPMG’sC&Rcircularityreadinessassessment

Theoverallpurposeofthecirculareconomyistoeliminatewastebycirculatingproductsandmaterialsattheirhighestvalueforas

longaspossible,allwhileregeneratingnaturalsystems.Shifting

fromestablishedlinearmodelstocircularones—whilemonitoringandreportingprogress—isamajorundertakingthatshouldrippleouttoeverypartofacompany’soperations.

Asuccessfulcirculartransitionshouldbebothstrategicand

systemic.Thegloballandscapeisexperiencingaconcerted

efforttowardsenhancingcircularity.WhileEuropeisacceleratingitstransitiontocircularitythroughevolvingpoliciesand

regulationsliketheEuropeanCommission’s(EC)Circular

EconomyActionPlanaspartoftheEuropeanUnion(EU)GreenDeal,similarinitiativesareemergingworldwide.

IntheAsia-Pacificregion,ChinaisintroducingaCircularEconomy

plan,AustraliaisdevelopingaNationalCircularEconomy

Roadmap,andJapanisenactingtheBasicActforEstablishing

aSoundMaterial-CycleSociety.Indiaisemphasizingwaste

avoidance,whileintheUS,circulareconomyeffortsareprimarilydrivenatthestatelevel.Additionally,theUnitedNationsisworkingtowardsaGlobalPlasticsTreatytoaddressplasticpollutionand

promoteacirculareconomyforplastics.

Whilealongroadaheadremains,theglobalcommunityistakingstepstotackleclimatechange,biodiversityloss,andresourcedepletionthroughcircularity.

Asthevariousregulationsandinitiativesbegintoaidthestepstowardsacircularfuture,consumergoodscompaniesand

retailersshouldworkcollaborativelytonavigateanincreasinglycomplexandevolvingregulatorylandscape.Byensuring

transparencyandaccountabilityacrosssupplyandvalue

chains,webelievecompaniescanutilizeregulationstoguidecollaborativeeffortsandscaleupcirculareconomypractices.

Inthisreport,weseektoidentifythekeyleversofprogress

towardscircularityintheformofareadinessassessment,shareexamplesofgoodpracticesandofferrecommendationsfor

acceleratingcircularityatscale.

3TheCircularityGapReport2024.CircleEconomyFoundation(2024).

4GlobalResourcesOutlook2024.UnitedNationsEnvironmentProgramme(March01,2024).

4|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

Abouttheleadauthors

IsabelleAllen

GlobalHeadofConsumerandRetailKPMGInternational

E:isabelleallen@

IsabelleAllenistheGlobalHeadofConsumerandRetailforKPMG

International,bringingmorethan30yearsofinternationalexperiencetotheindustry.Inherrole,shehelpsdriveKPMG’sglobalinvestmentsandthinkingaroundthefutureofthesector,includingglobal

macroeconomicandgeopoliticaltrends,embracingESG,theuseofinnovativetechnologies,disruptiveentrantsandemergingconsumerbehaviors,workingwith25,000-plussectorprofessionalsandglobalallianceandecosystemcollaborators.

ArnoudWalrecht

LeadofGlobalCircularEconomyKPMGintheNetherlands

E:walrecht.arnoud@kpmg.nl

AstheLeadofGlobalCircularEconomyandaPartneratKPMGintheNetherlands,ArnoudisresponsibleforleadingsustainabilityincirculareconomyengagementsintheNetherlandsandworldwide.Arnoudhasextensiveexperiencemanagingcomplexmulti-stakeholderprojectsinaninternationalcontextandhasworkedonmanyengagementsrelatedtothecirculareconomyandsustainabilitymorebroadly.

KPMG’sconsumer

goodsandretailcircularityreadinessassessment

Ambitionand

strategy

Goalsand

targets

Knowledgeand

resources

Resource

inflows

Resource

Circularity

Conclusionsandkey

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

KPMG’sC&Rcircularityreadinessassessment

ThisreporthighlightstheprogressmadebyC&Rbusinessesintheirtransitiontocircularity.Withafocusonsixkeycirculareconomyareas,wepresentareadinessassessment,shareexamplesofgoodpracticesandofferrecommendationsforacceleratingcircularityatscaleacrossthesub-sectorsofconsumerelectronics,fashion,foodandbeverage,furniture,homeandpersonalcare,luxurygoods,andretail.

Keyfindings

Ataglance,consumerelectronicscompaniesareleadingthewayincircularityduetotheirfocusonmaterialefficiency,drivenbytheuseofscarceresources.Thefashion,luxurygoods,andfoodandbeveragesub-sectorsshowprogressbutneedtoscaleuppilotinitiatives.Systemicchangeiscrucialforallsub-sectorstoestablishresilientvaluechains.

1.Ambitionandstrategy:

Inthefashion,foodandbeverage,andluxurygoods

sub-sectors,companiesdemonstratestrongambitionandstrategicdirectionincircularity.Despiteambitiouscircularitygoals,companiesacrossallsub-sectorslackconcreteroadmapsonhowtoachievethesegoals.

2.Goalsandtargets:

Fashioncompaniesleadincommunicatingclear,albeit

limited,circularitygoals.Acrossallsub-sectors,especially

foodandbeverageandretail,packagingtargetsare

common,drivenbycross-sectorinitiatives.Companieshaveanopportunitytosetmoreambitioustargetsforcircularbusinessmodels,includingincreasingrevenuegenerationfromcircularproductsandservices.

3.Knowledgeandresources:

Consumerelectronics,fashion,andluxurygoods

companiesshowevidenceofstrongcircularknowledgeandresourceallocation.Scalinguppilotprogramsfor

consumerengagementiscrucial.Companiesshould

leverageemotionalconnectionstoenhanceproduct

durabilityandincentivizetake-backschemes.Quantifyingtheimpactofcircularityonclimategoalsisimportant.

4.Resourceinflows:

bThefashion,luxurygoods,andconsumerelectronics

sub-sectorsareaheadinmanagingresourceinflowsduetowiderlabelingandproductidentificationpractices.

Improvedmaterialmanagementandreal-timemonitoringthroughupdatedprocurementsystemsarecrucialacrosssub-sectors.

5.Resourceoutflows:

4Consumerelectronicsandluxurygoodscompaniesaremakingprogressinutilizingdigitaltechnologiestotrackproductsandinformend-of-lifemanagement.Improvingpost-saleconsumersupportandleveragingdigitalizationcanhelpaddressresourcemanagementinefficiencies.

6.Circularityenablers:

Cross-industrycollaborationisimportantforsharingbestpracticesandtacklingchallenges.Inthefashion,luxury

goods,homeandpersonalcare,andfoodandbeveragesub-sectors,companiesarepartneringwithcompetitorsorstart-upstodriveinnovationincircularproductsand

materials.ExtendedProducerResponsibility(EPR)

programsaregainingtraction,withthefoodandbeverageandconsumerelectronicssub-sectorsleadingtheway.

5|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

Contents

Ambitionandstrategy9

Goalsandtargets

12

Knowledgeandresources

16

Resourceinflows

20

Resourceoutflows

23

Circularityenablers

26

Conclusionsandkeyrecommendations

30

Sub-sectorkeyrecommendations:

Capturingspecificopportunities

32

6|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

targets

Knowledgeand

resources

Resource

inflows

Resource

outflows

Circularity

enablers

Conclusionsandkey

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Readinessassessmentmethodology

Withincentivesandbarrierstoachievingcircularityvaryingsignificantlybetweenretailandconsumersectors,ensuringdirectcomparisonsisoftenachallenge.Acknowledgingthis,KPMG’sC&Rcircularityreadinessassessmentemployedabespokemethodologyinvolvingaseriesofcomprehensiveliteraturereviews,frameworkdevelopment,companyanalysis,andexpertinterviewstoprovideanoverviewacrosstheC&Rsector.

Identifyingandselectingover100reports,articles,andpublicationsoncirculareconomyandC&R,theliteraturereviewprocesssystematicallyanalyzedcontenttoidentifykeythemesandconcepts.Findingsweresynthesizedtohighlighttrends,gaps,andopportunities—forminganddevelopingadetailedframeworkfocusedonsixkeyareasandrelatedindicators:

1Ambitionandstrategy

•Publiclydeclaredcircularvisionand/orambition

•Publiclycommunicatedcircularstrategyorpolicy

•Recognitionofcirculareconomyasacompany’smaterialtopic

•Roadmaporimplementationplanforcirculareconomy

2Goalsandtargets

•Settingtargetsrelatedtocircularproductdesign

•Settingtargetsrelatedtocircularresourceinputs

•Settingtargetsrelatedtopackaging

•Settingtargetsrelatedtooperationalwaste

•Settingtargetsrelatedtocircularbusinessmodels

•Settingtargetsrelatedtorevenuesfromcircularproductsandservices

3Knowledgeandresources

•Settingupateamdedicatedtocirculareconomy

•Allocatingresourcesanddevelopingtheneededskills

•Educatingconsumersoncirculareconomy

•Integratingcirculareconomywithadecarbonizationstrategy

4Resourceinflows

•Monitoringmaterialresourceinflows

•Monitoringdesignofcircularproductsandservices

•Monitoringrecyclable,reusable,orcompostablepackaging

•Utilizingdigitalizationforcirculareconomy

5Resourceoutflows

•Designingcircularoperationsandproduction

•Implementingwastemanagementstrategies

•Implementingcircularbusinessmodels(e.g.repair,reuse,product-as-a-service,sharing,remanufacturing,take-back)

6Circularityenablers

•Participatinginsectoralinitiativesforcirculareconomy

•Formingpartnershipswithcompetitors

•Collaboratingwithstart-ups

•ImplementingEPR

Thisframeworkwascross-referencedwithexistingmodelsand

standardstohelpensureitsvalidityandcomprehensiveness.From

here,arangeoffivetoeightcompaniespersub-sectorwereidentifiedbasedonrevenueandmarketshare,withdataontheircircular

economypracticesgatheredfromreports,websites,pressreleases,andotherpublicsources.Eachofthesecompanieswassubsequentlyevaluatedusingtheframeworktoassessperformanceintheidentifiedsixfocusareasusinga0–10pointscoringsystem.

Complementingtheliteraturereviewandcompanyanalysis,

20industryleadersfromvarioussub-sectorswereselectedto

interview.Eachexperthelpedtotestandrefineinsights,offeringfreshperspectivesonthechallenges,opportunities,andbestpracticesin

implementingcirculareconomyprincipleswithintheirsub-sector.

Combininginsightsfromliteraturereviews,frameworkdevelopment,companyanalyses,andexpertinterviews,thisthoughtleadership

offersacomprehensiveandevidence-basedapproachto

understandingandpromotingcirculareconomyinitiativesintheC&Rsector.Thefindingshighlightthepotentialforcompaniestodrive

innovation,increasecustomerloyalty,andsharebestpracticesamongsub-sectorsalignedwiththekeyfocusareas.

Throughoutthereport,weexplorethesesixcirculareconomyareasingreaterdetail,delvingintokeyinsightsanddiscussingtheimplicationsforbusinessesinterestedinadvancingcirculareconomyprinciples

withinC&R.

7|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

Knowledgeand

Resource

Resource

Circularity

Conclusionsandkey

targets

resources

inflows

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Whythesesixassessmentareas?

Acirculareconomyaimstokeepproducts,components,andmaterialsattheirhighestutilityandvaluealways—minimizingwasteandnegativeenvironmentalimpacts.Eachassessmentareawaschosenforitsclosealignmenttothecoreprinciplesofacirculareconomy:

1Ambitionandstrategy

Monitoringoutgoingproductsandresourcesallowscompanies

tocreateclosed-loopsystemswherewastebecomesaresource.Open-looprecycling,wherematerialsareusedindifferentproducts,isalsoanimportantpartofthecirculareconomy.

6Circularityenablers

Developinginnovativesolutionsandcollaboratingwithindustry

partnersarenecessarycomponentsfordrivingsystemicchange.

Enablingtechnologies,newbusinessmodels,andpolicyframeworkssuchasEPRcanhelpacceleratethetransitiontoacirculareconomy.

Assessingsub-sectorsacrossthesesixareasprovidesa

comprehensiveviewoftheircirculareconomyperformance.Ithelpsidentifystrengths,weaknesses,andopportunitiesforimprovement—supportingthetransitiontoamorecircularandregenerativeeconomicmodel.

5Resourceoutflows

Developingaclearvisionandstrategyiscrucialfortransitioningto

acirculareconomy.Companiesshouldrethinkbusinessmodels,

designproductsforcircularity,andcollaborateacrossthevaluechain.

2Goalsandtargets

Settingmeasurablecirculargoalsandtrackingprogressisan

essentialcomponentfordrivingchange.Communicatingthesetargetstostakeholderscanhelpincreasetransparencyand

accountability.

3Knowledgeandresources

Investinginskillsandeducatingemployeesandconsumersisoneofthekeystoacceleratingtheadoptionofcircularpractices.Allocatingsufficientresourcesenablescompaniestoimplementcircular

solutions.

4Resourceinflows

Selectinginputmaterialsthatarerenewable,recyclableor

biodegradableisafundamentalaspectofcirculardesign.Thisfacilitateskeepingproductandmaterialsinuseforlonger.

8|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

targets

Knowledgeand

resources

Resource

inflows

Resource

Circularity

Conclusionsandkey

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Ambition

andstrategy

9|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

Layingthefoundationsofacirculartransition

Ambitionandstrategy

Range

Frameworkquestion

Average

across

sub-sectors

Publiclydeclaredcircularvisionand/orambition

7.00-9.44

8.35

Recognitionofcircular

economyasacompany’smaterialtopic

7.46

4.00-10.00

Publiclycommunicatedcircularstrategyorpolicy

6.33

4.00-8.33

Roadmapor

implementationplanforcirculareconomy

4.71

3.00-6.00

Averageleverscorepersub-sector

6.71

5.50-7.50

KPMG’sconsumer

goodsandretailcircularity

readinessassessment

Ambitionand

strategy

Goalsand

targets

Knowledgeand

resources

Resource

inflows

Resource

Circularity

Conclusionsandkey

outflows

enablers

recommendations

Sub-sectorkey

recommendations:

Capturingspecific

opportunities

Anindustrywithhighcircularaspirations

Encouragingly,mostcompaniesacrossallselectedC&Rsub-sectorshavedeclaredacircularambition,whichsetsapathforsustainableproductdesign,procurement,manufacturing,packaging,and

marketingandsales—alengthyprocessthatwebelieveneedstobeputinmotiontoday.Most

businessesalsohavestrategiesforupstreamsourcing,resourceefficiency,andend-of-lifemanagement.Toeffectivelytranslatetheseambitionsintoactionable

strategies,companiesareformulatingcircularpoliciesandcommunicationstrategies.

Withinthefoodandbeveragesub-sector,there‘s

astrongemphasisoncircularstrategiesacrossthe

valuechain,includingregenerativesourcingpracticesandpackagingsolutions.Asanexample,Unilever

iscommittedtomaking100percentofitsplastic

packagingreusable,recyclable,orcompostableby2030forrigidsand2035forflexibles.Thecompanyistakingvariousactionssuchasdevelopingalternativematerials,alternativeformatsandalternativebusinessmodels.5

Similarly,fashioncompaniesareredefiningtheir

visionstoprioritizedurability,recyclability,andwastereduction,challengingtheprevailingtrendsoffast

fashion.Collaborativeefforts—suchasinitiatives

ledbytheEllenMacArthurFoundation’s‘VisionofaCirculareconomyforFashion’6—arepivotalin

reshapingtheindustry‘sapproachtowardscircularity.

Withaspecificfocussolelyonconsumer

electronicswithinthesub-sector,companiesare

publiclydeclaringcircularambitionscenteredaroundefficientcriticalmaterialsuse,wastereduction,andrecyclingofelectronicwaste.Thissub-sectoris

witnessingariseintheintroductionofcarbon-neutralproductsandcommitmentstocarbonneutrality

acrossproductlines.

Businessesinthehomeandpersonalcare

sub-sectoraredevelopingcircularstrategiesand

policiestophaseouthard-to-recyclepackagingandshiftingtobio-basedingredients,withclearroadmapstoguidetheirefforts.

Thefashionandfoodandbeveragesub-sectorsareleadingthewayinthisindicatorwithclearlystatedambitionsandstrategies.

Inthefurnituresub-sector,companiesare

attemptingtoenhanceresourceefficiencyandinstillcirculardesignprinciples.Luxurygoodscompaniesaremakingaconcertedefforttowardscircularitybyusingfewervirginresourcesandshiftingtobio-basedorrecycledalongwithextendingproductlifethroughagrowingpre-owned/vintagemarket.Finally,intheretailsub-sector,companiesareprioritizingwaste

reductionandpackagingreuse.

5Towardsacirculareconomyforplastics.Unilever(2024).

6Ourvisionofacirculareconomyforfashion.EllenMacarthurFoundation(2024).

Ambitionandstrategy

Publiclydeclaredcircularvisionand/orambition

Averageleverscorepersub-sector

10

8

6

4

2

0

Recognitionof

circulareconomyasacompany'smaterialtopic

Roadmaporimplementationplanforcirculareconomy

Publiclycommunicatedcircularstrategyorpolicy

Consumerelectronics●Retail

●Fashion

HomeandpersonalcareLuxurygoods

Foodandbeverage●Furniture

●Total

10|Fromtalktoaction:Pavingthewayforacirculareconomyintheconsumergoodsandretailindustry

©2024CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.

Sub-sectorkey

recommendations:

Capturing