Closed Loop Partners released its 2019 impact report, “Building the Circular Economy,” which highlights the group’s portfolio of investments that further its mission to build a circular economy.

Closed Loop Partners launched in 2014 with a vision to build an economic model focused on a profitable and sustainable future. In the last year, Closed Loop Partners said it has witnessed “unprecedented growth in the circular economy as a number of forces have aligned, from increased media attention on the global waste crisis to budding legislation around the reuse, recovery and recycling of materials to the commercialization of innovative business models.”

At the beginning of the report, Closed Loop Partners CEO Ron Gonen noted that consumers have begun to show their preference for products that are “trustworthy and circular.”

“When consumer preference and regulatory expectations merge, a unique and outsized investment opportunity emerges. In 2019, most major retailers and brands made commitments that by 2025, their products would be either recyclable or compostable and that they will use a specified amount of recycled content in their packaging,” said Gonen in the report’s CEO Foreword. “2020 will be an important year to determine if retailers and brands are able to translate those commitments to contracts for the recycled commodities that will enable them to achieve their commitments.”

According to a snapshot of the report, in 2019, Closed Loop Partners kept 1.3 million tons of materials in circulation, avoided 3 million tons of greenhouse gas emissions and co-invested $270 million to support circular supply chains. The group’s investments contribute to the following United Nations Sustainable Development Goals:

The report focuses on an in-depth analysis of the group’s investment platforms:

Read the 2019 impact report in its entirety.