Accenture Strategy Announces Circular Economy Winners at The Circulars in Davos
January 16 2017 - 6:01PM
Business Wire
Awards recognize achievement in the Circular
Economy
The World Economic Forum’s Community of Young Global Leaders, in
collaboration with Accenture Strategy (NYSE:ACN), has awarded the
Circulars at the Annual Meeting of the World Economic Forum in
Davos-Klosters. The awards recognize individuals and organizations
that have made notable contributions to the circular economy.
The third annual Circulars awards ceremony showcased advances
from the private sector, public sector and civil society that drive
innovation and growth while reducing dependence on scarce natural
resources. The seven Circulars were awarded as follows:
The Fortune Award for Circular Economy Leadership:
William McDonough, Chief Executive of McDonough Innovation,
a globally recognized leader in sustainable development. He advises
leaders worldwide through McDonough Innovation and with MBDC and
introduced the concepts of biological and technical cycles to the
circular economy field.
The Accenture Strategy Award for Circular Economy
Multinational (Joint Award): NIKE, Inc., for
leading work on material efficiency and waste reduction and aiming
to double their business with half the impact through adopting
circular economy principles. Patagonia, for a long track
record of sustainable innovation in the industry and embedding the
principles of the circular economy into their business strategy
through the likes of their ‘Worn Wear’ initiatives.
The Young Global Leaders Award for Circular Economy SME: MBA
Polymers, Inc., for up-cycling complex plastic waste streams to
the same quality, and at the same price, as virgin plastic with the
potential for scale and impact in plastics globally.
The AB InBev Award for Circular Economy Governments, Cities
and Regions: Scottish Government, for leading a coalition
across business and government to drive the circular economy in
Scotland with clear impact demonstrated and ambitious targets for
the future.
The CNBC Award for Circular Economy Investor: SJF
Ventures, for investing in circular economy businesses across
their target sectors that simultaneously scale social and
environmental impact whilst delivering sound financials.
The Ecolab Award for Circular Economy Digital Disruptor:
Rubicon Global, for providing a sustainable waste and
recycling solution that utilizes cloud-based technology and big
data to connect customers with haulers.
The Dell Circular Economy People’s Choice Award: Bioelektra
Group, chosen by public vote for developing and promoting a
technological solution that enables the treatment of unsegregated
municipal waste.
“The Circulars demonstrate that the days of the ‘take, make,
waste’ business models are over. The path to innovation, growth and
competitiveness starts by creatively reducing the strain on scarce
natural resources,” said Peter Lacy, managing director, Accenture
Strategy. “Digital technology is increasingly critical to the
success of the circular economy, and these awards also showcase
technology innovation.”
The Circulars attracted 237 entries from 37 countries. The
judging panel was drawn from the Young Global Leader community of
the World Economic Forum and leading experts across business and
civil society. In addition to Accenture Strategy, The Circulars are
sponsored by AB InBev, Dell and Ecolab. This year’s media partners
are CNBC and Fortune Magazine.
“The circular economy is now established as one of the major
ways organizations, cities and economies pursue sustainable growth.
The rapid progress in advance sciences, industrial design and
digital innovation has been matched by a swift application of
circular models at a large scale.” said Dominic Waughray Head of
Pubic Private Partnership at the World Economic Forum. “The
Circulars remain an important initiative of the World Economic
Forum’s Young Global Leaders to recognize and celebrate such
cutting edge innovation and impact.”
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
394,000 people serving clients in more than 120 countries,
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
Accenture Strategy operates at the intersection of business and
technology. We bring together our capabilities in business,
technology, operations and function strategy to help our clients
envision and execute industry-specific strategies that support
enterprise wide transformation. Our focus on issues related to
digital disruption, competitiveness, global operating models,
talent and leadership help drive both efficiencies and growth. For
more information, follow @AccentureStrat or visit
www.accenture.com/strategy
About the Forum of Young Global Leaders
Established in 2004 by Professor Klaus Schwab, The Forum of
Young Global Leaders is a unique, multi-stakeholder community of
the world’s most extraordinary young leaders who dedicate a part of
their time to jointly address global challenges and who are
committed to devote part of their knowledge and energy to
collectively work towards a better future. Together the Young
Global Leaders work to discover innovative solutions to today’s
most pressing problems through various initiatives and workstreams,
as well as catalyzing the next generation of leaders. Find out more
at: http://www.weforum.org/community/forum-young-global-leaders
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