New global waste standard developed to drive business circularity

A new global waste standard has been released by the Global Reporting Initiative (GRI) to enable companies to track their waste generation and encourage a shift towards sustainable business practices.

The GRI’s updated waste standard, GRI 306: Waste 2020 will enable companies to “critically assess” their waste generation throughout the value chain, demonstrating the relationship between materials and waste.

It is hope that the standard will encourage businesses to make changes to design and procurement of materials upstream to embed circular practices in their operations.