KPMG Shares the Importance of a Circular Mindset

KPMG ranked No. 11 on The Fair360, formerly DiversityInc Top 50 Companies for Diversity list in 2022.


In honor of Earth Day, KPMG shared the importance of businesses leading the way to a more circular, nature-positive world.

Earth Day is “a timely reminder of the need for every part of the economy and all levels of society — finance, government, business and citizens — to turn the tide on overconsumption, overproduction and the reckless use of the world’s resources,” wrote KPMG.

While corporate responsibility has been moving in the right direction, less than 8% of the world’s economy is circular. On top of this, we take 70% more raw materials from Earth than we can replenish safely, and this number is projected to go up by 2050.

“To help achieve the circular, nature-positive world, the entire notion of ‘value’ should be reappraised. This means looking beyond traditional, narrow notions of economic value — such as the price of a product or brand value — to encompass natural and social capital, making business regenerative by design,” wrote KPMG.