Revealing Methodological Approaches to Account for Circular Economy in Support of the Science-Based Targets for Carbon Emissions
DS 130: Proceedings of NordDesign 2024, Reykjavik, Iceland, 12th - 14th August 2024
Year: 2024
Editor: Malmqvist, J.; Candi, M.; Saemundsson, R. J.; Bystrom, F. and Isaksson, O.
Author: Marini, Michele; Pigosso, Daniela C.A.; Pieroni, Marina; Tim, McAloone
Series: NordDESIGN
Institution: Technical University of Denmark, Denmark; Novo Nordisk A/S, Denmark
Page(s): 304-312
DOI number: 10.35199/NORDDESIGN2024.33
ISBN: 978-1-912254-21-7
Abstract
This article analyses and proposes a few methodological approaches to account for carbon emissions of circular economy strategies within manufacturing companies designing circular products and services and to report their emissions reduction targets under the Science-based Target initiative (SBTi). We specifically reviewed the current accounting formulas for two strategies that cannot be currently accounted for Scope 3 emissions: 'Lowest suitable grade’ and 'Technical product longevity'. Our results provide potential solutions to account for these strategies before reporting back to the SBTi.
Keywords: Circular Economy, Sustainable Design, Environmental Management