Circular IQ provides a software solution to measure and improve a company's circular economy performance. The platform centralizes circularity data, helps establish performance baselines, and identifies optimization opportunities. It supports compliance with leading reporting standards like ESRS E5 and GRI through streamlined data management and gap analysis services.
Funding
$300K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses struggle to accurately measure and improve their circular economy performance, particularly in the context of increasing regulatory pressure from standards like ESRS E5. This lack of clear performance data makes it difficult to establish a baseline, identify supply chain priorities, and optimize resource allocation for sustainability goals.
Solution
Circular IQ offers a cloud-based platform designed to streamline the measurement and enhancement of circular economy performance, facilitating compliance with ESRS E5 standards. The platform consolidates circularity data from across the business, enabling companies to establish a clear performance baseline and identify key areas for improvement. By providing a centralized view of circularity metrics, Circular IQ empowers businesses to prioritize supply chain initiatives, optimize resource allocation, and track progress towards their sustainability objectives. The tool is designed to integrate with existing infrastructure and workflows, minimizing disruption during implementation.
Target Audience
The primary target audience includes businesses seeking to comply with ESRS E5 standards and improve their circular economy performance, particularly those in industries with complex supply chains and significant environmental impact.
Features
- Centralized data consolidation for comprehensive circularity measurement
- Streamlined compliance with ESRS E5 reporting requirements
- Supply chain prioritization based on data-driven insights
- Performance baseline establishment and progress tracking
- Integration with existing business systems and workflows
- User-friendly interface for easy data access and analysis