The CircularID™ Protocol
The CircularID™ Protocol establishes the essential product and material data for identification and management of products in the circular economy and ensures this data is accessible and communicated in a consistent way.
Objectives of the CircularID™ Protocol
Power circular business models based on selling services instead of products
Unlock data and systems essential for maximizing value and recovery of products and materials
Bring transparency and accountability to the product lifecycle
Primary functions enabled by the CircularID™ Protocol
Identification of Products
Supporting continued use and circulation of products
CircularID™ Protocol enables the continued identification and monetization of products through circular business models (e.g. rental, resale) and the management of products through channels for continued use and circulation (e.g. repair, reverse-logistics, peer-to-peer, collections, etc.).
Identification of Materials
Supporting continued use and regeneration of materials
CircularID™ Protocol enables the identification of materials for regeneration, including disassembly and recycling.
The structure of the CircularID™ Protocol
EXAMPLE PRODUCT ID DATA FIELDS
Brand, Size, Color, Manufacturer Suggested Retail Price, etc.
The Product ID includes all information required to enable commercial identification of the product in order to facilitate the ongoing management, circulation, and monetization of the asset. This information is considered essential for the efficient sorting and reuse of the product to maximize its lifetime utility.
EXAMPLE MATERIAL ID DATA FIELDS
Material Content, Dye Process, Thread Type, etc.
The Material ID includes all information required for the identification of the materials of the product in order to facilitate efficient management of the product’s material components. This information is considered essential for the regeneration of source materials and supports processes such as disassembly and mechanical and chemical recycling.