Glossary:

36. Circular Economy KPIs

Term	Definition
Adoption	The act of accepting and implementing (circular economy) practices and principles.
Circularity	The concept of creating closed-loop systems that minimize waste and maximize resource efficiency.
Efficacy	The effectiveness and success of circular economy ideas and practices.
Frameworks	Organized structures or models that provide a framework for understanding and implementing circular economy concepts.
Measurement	The process of quantifying and evaluating the impact and effectiveness of circular economy efforts.
Metrics	Specific measurements and indicators used to assess and track circular economy performance.
Procurement	The process of obtaining goods or services, including sourcing materials and supplies for circular economy initiatives.
Sustainability	The ability to meet present needs without compromising the ability of future generations to meet their own needs.
Upcycling	The process of transforming waste materials into higher-value products or materials.
Waste Minimization	The reduction of waste generation and the efficient use of resources in order to minimize waste and its negative environmental impact.