LIBERTY's Rob Johnson joined forces with thinkstep’s Emily Townsend at the Australian Life Cycle Assessment Society’s (ALCAS) 2019 conference to demonstrate that the Material Circularity Indicator brings additional value to EPDs to support holistic decision making.
The Circular Economy is a hot topic as it maximises the use and value of materials and helps companies mitigate risks arising from material price volatility and supply.
The Australian Life Cycle Assessment Society’s (ALCAS) recent conference saw sustainability leaders and practitioners sharing a platform and engaging in debate with industry professionals including thinkstep's Sustainability Engineer Emily Townsend and LIBERTY’S Rob Johnson. The theme of the conference was the use of Life Cycle Assessment (LCA) as a central method of environmental assessment and decision making.
While governments are developing Circular Economy policies, and sustainability rating tools such as Green Star and IS promote circular actions, Emily Townsend explains it can be difficult to measure progress or performance.
“The Material Circularity Indicator (MCI) was developed by the Ellen MacArthur Foundation to allow a company to assess how well its products perform in the context of a circular economy and to support more circular design,” she said.
Circularity and LIBERTY's rebar product
Sustainability software and data specialist thinkstep worked with LIBERTY Steel to measure the circularity of LIBERTY’S rebar product.
“GaBi, thinkstep’s LCA software tool, allowed us to embed the MCI into an existing LCA that we had created for LIBERTY’s Environmental Product Declarations (EPDs)," Emily says. "It’s important that the results are considered as an additional indicator to those in the EPD to support holistic decision making – Circularity is a useful indicator but shouldn’t be used in isolation.”
LIBERTY’S Rob Johnson explained the value the MCI brings: “The results of the project give LIBERTY a benchmark for our product circularity and identified the key aspects of our operation that affect the result and therefore the opportunities for improvement,” he said. “The project helps provide our team a better understanding of what circular economy means for LIBERTY and our customers. We see considerable potential for the results to be incorporated into our EPDs and our sustainability strategy for the future.”
LIBERTY and thinkstep's joint presentation explored what might be required to calculate ‘circularity at scale’ for an entire building or infrastructure project. While complex, the more products that have this measure built in along with EPDs, the better the data available for projects to support it. Gaining this early understanding of this measurable indicator for circularity is an important step in LIBERTY’s efforts to support governments and customers as they start to cement their sustainability and Circular Economy strategies.