January 21, 2019

Accenture Announces Winners of the 2019 Circulars in Davos That Are Unlocking Value From the $4.5 Trillion Circular Economy

Annual awards program recorded highest ever number of applicants competing for
circular economy recognition

DAVOS; Jan. 21, 2019 – The World Economic Forum and The Forum of Young Global Leaders, in collaboration with Accenture (NYSE: ACN), awarded the winners of this year’s The Circulars awards at the Annual Meeting of the World Economic Forum in Davos. With a $4.5 trillion circular economy growth opportunity at stake, organizations globally are harnessing innovation and disruptive technologies to reduce waste, emissions and the use of harmful materials, and maximize the value of products and services to improve competitiveness.

The awards recognize individuals and organizations around the world in the private and public sectors, as well as civil society, that are innovatively making strides in the circular economy and trailblazing a more sustainable future. Nearly 450 applications from 45 countries were received in the fifth year of the annual awards program — a 50 percent increase compared to last year, and the strongest and most diverse pool of entrants yet.

@AccentureStrat announces the winners of the 2019 #TheCirculars awards at @WEF in Davos. Congratulations to @Besenbacher2012 @SchneiderElec @LehighADC @TriCiclosB @EU_Commission @ImpaxAM @WinnowSolutions! #WEF19 @CircularsAwards

The seven Circulars were awarded to:

“Consumers, employees, stakeholders and policymakers alike expect companies to lead with purpose around sustainability and are holding them accountable. Inaction or idleness can severely harm competitiveness, with a drop in stakeholder trust costing businesses globally $180 billion in potential revenues,” said Peter Lacy, Senior Managing Director, Accenture Strategy. “Moving to a circular economy delivers the disruptive change needed to secure a sustainable future, while enabling businesses to unlock innovation and growth. We are proud to recognize the individuals and organizations that are leading the circular movement, creating a thriving global economy.”

The judging panel for the 2019 Circulars awards was drawn from the Young Global Leaders community of the World Economic Forum and leading experts across business and civil society. In addition to Accenture Strategy, The Circulars are sponsored by Dell, Ecolab and Gulf International Bank. CNBC and Fortune are media partners.

“Every year applicants push the boundaries, demonstrating huge drive and creativity to create transformational change through digital connectivity, industrial design and progressive concepts that positively impact the environment and create economic growth,” said, Dominic Waughray, Managing Director, Head of the Centre for Global Public Goods, World Economic Forum. “Scaling the circular economy transformation is critical, and the individuals and businesses we celebrate are leading the charge.”

To find out more about the circular economy, visit www.accenture.com/CircularEconomy.

About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 469,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

Accenture Strategy combines deep industry expertise, advanced analytics capabilities and human-led design methodologies that enable clients to act with speed and confidence. By identifying clear, actionable paths to accelerate competitive agility, Accenture Strategy helps leaders in the C-suite envision and execute strategies that drive growth in the face of digital transformation. For more information, follow @AccentureStrat or visit www.accenture.com/strategy.

About the Forum of Young Global Leaders
Established in 2004 by Professor Klaus Schwab, The Forum of Young Global Leaders is a unique, multi-stakeholder community of the world’s most extraordinary young leaders who dedicate a part of their time to jointly address global challenges and who are committed to devote part of their knowledge and energy to collectively work towards a better future. Together the Young Global Leaders work to discover innovative solutions to today’s most pressing problems through various initiatives and workstreams, as well as catalyzing the next generation of leaders. Find out more at: http://www.weforum.org/community/forum-young-global-leaders.

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Lucy Davies
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