Infosys, a global leader in next generation digital services and consulting, announced it has partnered with the Ellen MacArthur Foundation charity. The organisations will work together to accelerate the global transition to a circular economy.
The Foundation works with its Network of Strategic Partners, Partners, and Members. Infosys has joined the Network as a Partner. The Network includes some of the world’s leading and most influential organisations, including businesses, governments, educators, innovators, and investors, to drive systemic change. The collaboration coincides with the launch of the strategic Sustainable Business Unit within Infosys, which will enable customers to better incorporate circular designs into their products, services, and supply chains.
The Ellen MacArthur Foundation develops and promotes the idea of a circular economy. It works with, and inspires, business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally.
The circular economy offers an alternative to the linear ‘take, make, waste’ linear economy — one which is better for people, the economy, and the environment. The circular economy is based on three key principles — design waste out of the system, keep products and materials in use, and regenerate natural systems.
Infosys will focus on aligning its digital transformation toolkit — Live Enterprise Suite — with the Foundation’s circular economy performance measurement tool, Circulytics. Circulytics enables companies to measure their circular economy performance and identify opportunities to adopt, or further embed, circular practices, thereby driving the transition to a circular economy. Infosys will be able to achieve circular design of products, services, and supply chains much more quickly by reusing and repurposing customers’ existing technology stacks, rather than replacing them.
Commenting on the development, Cory Glickman, Head of Sustainable Business, Infosys, said: “Being a Partner of the Ellen MacArthur Foundation is a valued relationship that allows us to continue at pace the work we’ve already been doing to promote the importance of efficient practices and supply chains. Infosys believes there is a symbiotic relationship between digitisation and sustainability and through aligned strategies and clever design — particularly on circularity — you can achieve both, with just one pocket of spending.”
James George, Network Development Lead, Ellen MacArthur Foundation, said: “I am very excited to see how this relationship develops and deepens over the next few years. As a global leader in nextgen digital platforms, Infosys will bring a calibre of expertise and knowledge that will further help the Network to realise its digital ambition, which will support the transition towards a circular economy. As a Partner with the Foundation, Infosys have drawn a line in the sand, to embrace a circular economic framework as part of their future value proposition.”
–AN
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.