The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials, components and products as long as possible.
The main goal is to retain value, materials, and data reducing waste to a minimum.
This model has been included in several pieces of legislation, based on the Paris Agreement, the EU Green Deal and the Circular Economy Plan.
How to build and share product data is in focus here, that’s why it’s a priority for GS1 in Europe.
Want to know more about the GS1 role?
Read the GS1 in Europe Circular Data for the Circular Economy paper
Digital Product Passport
GS1 in Europe welcomes the Sustainable Product Regulation proposal adopted on 30 March 2022 by the European Commission.
This is released under the framework of the EU Green Deal setting the objective of becoming the first climate-neutral region by 2050.
Green Deal
The EU Green Deal has set ambitious goals to enable a resource-efficient and competitive EU economy.
By 2050:
no net emissions of greenhouse gases and EU economic growth decoupled from resource use.
Circular Textile
The textile sector has been prioritized by the EU to enable its digital and circular transformation.
Related Publications
Circular Data for a Circular Economy
Circular Data for a Circular Economy