Measuring the Circular Economy for Companies: A Case Study of a Packaging Company in Vietnam

Abstract

In the transition from a linear to a circular economy, measuring progress and tracking changes are essential. This study reviews the available methods to measure the circularity at a micro-level and conducts a pilot analysis of the Material Circularity Indicator for a packaging company in Vietnam. The resulted average Material Circularity Indicator is -0.4989 (< 0), implying a linear flow. However, the positive Material Circularity Indicator for 2 products indicates that a certain circularity has been initiated in the company. Most importantly, the in-depth analysis shows some opportunities to improve the Material Circularity Indicator thereby saving costs for the company.