The race to build a sustainable future is on, and for Australian businesses aiming to lead, the circular economy is emerging as a winning strategy. It’s an economic model that swaps our linear “take-make-waste” system for one that designs out waste, keeps materials in use, and regenerates our natural world.
With the government’s Circular Economy Framework the race has become official and the Advisory group has set an ambitious goal: to double our national circularity rate by 2035.
This is a necessary ambition. In an earlier blogpost about Circular Economy in Australia, we mentioned economy is currently only about 4.6% circular, meaning we still rely heavily on extracting virgin materials and creating mountains of waste. Closing this “circularity gap” is not just an environmental imperative; it’s a massive economic opportunity to boost productivity, enhance sustainability reporting, and build more resilient Australian supply chains.
But how can your business turn this national ambition into a practical, profitable reality? The answer lies in a groundbreaking new tool: the Global Circularity Protocol for Business (GCP).
What is the Global Circularity Protocol?
Developed by the World Business Council for Sustainable Development (WBCSD) and the United Nations One Planet Network (OPN) during Cop30, the Global Circularity Protocol for Business (GCP) is the world’s first standardised, global framework for measuring, managing, and reporting on business circularity.
Think of it as the Greenhouse Gas (GHG) Protocol, but for the circular economy. It provides a common language and a clear set of circularity metrics for companies to follow, enabling transparent and comparable reporting.
The GCP guides businesses through a simple, five-stage journey:
- Frame: Define your objectives, whether it’s reducing supply chain risk, innovating a new product, or improving your ESG reporting for investors.
- Prepare: Map your value chain to identify the biggest “circularity hotspots“—the areas with the most significant impacts and opportunities.
- Measure: The GCP provides clear, quantitative indicators to assess your performance, such as % Circular Inflow (how much recycled or renewable material you use) and Material Circularity Revenue.
- Manage: Use the data to analyse performance, prioritise actions, and develop a strategic roadmap for your company’s circular transition.
- Communicate: Share your progress and performance credibly with key stakeholders like investors, customers, and regulators.

How the GCP Powers Australia’s Circular Economy Framework
The GCP isn’t just another framework. For Australian businesses, it’s the practical engine that can power the journey towards the 2035 national target. It directly connects high-level policy to on-the-ground business action.
Translate National Targets into Business Metrics
Australia’s framework calls for reducing our material footprint by 10% and safely recovering 80% of resources. The GCP’s indicators for dematerialisation and circular outflow allow your company to measure its direct contribution to these exact goals, turning abstract targets into verifiable data for your annual and sustainability reports.
Provide a Roadmap for Priority Sectors
The Australian government has highlighted the built environment, industry, food and agriculture, and resources as key priorities. The GCP is designed for this kind of specific application.
- A construction company can use the GCP to measure recycled content in its buildings.
- A food producer can use it to track and reduce food waste across its value chain.
- A manufacturer can use it to design more durable, repairable goods and measure the benefit.
Build a Powerful Business Case
By using the GCP’s “Value the Loop” metrics, you can directly link circular strategies to financial performance. This allows you to demonstrate how reducing virgin material use lowers costs, how product-as-a-service models create new revenue, and how circular design enhances customer loyalty—building a compelling case for investment.
Aligning Circularity with the Sustainable Development Goals (SDGs)
For any business committed to the Sustainable Development Goals (SDGs), adopting the GCP is a strategic masterstroke. The circular economy is one of the most powerful levers for achieving our global goals. By implementing the GCP, your business is directly advancing:
- SDG 12 (Responsible Consumption and Production): This is the heartland of the circular economy. Every metric in the GCP is designed to help you operationalise the principles of SDG 12.
- SDG 13 (Climate Action): The Australian framework notes that doubling our circularity could significantly cut greenhouse gas emissions. The GCP includes a module to measure the GHG Impact of your circular strategies, providing powerful data for your climate reporting. There are other tools for that available in Australia as well such as Sumday and Trace. Check our post on SDG 13 here.
- SDG 9 (Industry, Innovation, and Infrastructure): The GCP process inherently pushes companies to innovate—in materials, processes, and business models—to build the resilient and sustainable infrastructure of the future. Learn more about SDG 9 in this post.
- SDG 15 (Life on Land) & SDG 14 (Life Below Water): By reducing the need to extract new resources and preventing plastic and chemical pollution, your circular efforts directly contribute to protecting biodiversity. Learn more in our articles about SDG 15 and SDG 16.
Your first steps on the Circular Journey
The path to circularity is a marathon, not a sprint. I know that for a fact as I have done both. The GCP is designed to meet you where you are. Here’s how to start:
- Familiarise yourself with the protocol: Download the official GCP documents from the WBCSD website. Understand the five stages and key indicators.
- Start Small with a pilot project: Pick one product, one material flow, or project. Use the GCP’s “Frame” and “Prepare” stages to run an initial assessment. This builds momentum and internal expertise without overwhelming your team.
- Engage your value chain: Circularity is a team sport. Talk to your suppliers about sourcing recycled materials. Talk to your customers about take-back schemes and repair options.
The Global Circularity Protocol provides Australian businesses with a golden opportunity. It’s a chance to move from ambition to action, align with national and global goals, and build a more resilient, competitive, and sustainable business for the future.
Ready to turn circular ambition into action?
Start your journey and sign up for the SDG Align Toolkit to find out what circular economy means to you and your business first.



