Âé¶¹´«Ã½

News

Nobody can make it alone in the circular economy - How can indicators solve the challenges of the circular economy?

The efficient use and exchange of information are considered fundamental aspects for the prosperity of ecosystems, being them natural or industrial. Consequently, data sharing becomes a requisite for successful circular economy models since, by definition, they require the collaborative interaction of various actors throughout the value chain of materials and products. However, there are significant data gaps that currently prevent the implementation of circular economy in practice.
Battery

This problematic becomes particularly timely considering that, to achieve the ambitious global targets on the electrification of transportation, more efficient circular economy strategies are needed. Otherwise, the increased demand of rechargeable batteries powering electric vehicles will result in resource challenges and supply-chain risks. Indeed, as the extraction of primary raw materials grows, the sustainability of automotive supply chains will become ever more challenging.

What are the data sharing barriers in the rechargeable batteries ecosystem? Research made in Aalto University’s School of Chemical Engineering found that companies do gather information relevant for other stakeholders but there are no incentives to openly share data.

Data is considered a valuable asset in general and industrial actors feel a financial risk to openly share information, the research found.  â€˜Companies collect and utilize data, but they do it in silos. We found that data considered missing by a specific actor, was often being collected by someone else who does not share it. This is an untapped opportunity’, says Professor Rodrigo Serna from Aalto University. For example, recyclers would like to have detailed data about the contents of a battery. At the same time, manufacturers collect such information down to the components level, but this data is not being shared.

Another relevant finding was that industrial actors lack clarity on which data is relevant to promote circularity. In addition, there is no consensus on which format could data be most efficiently shared to promote circular economy strategies.

On the positive side, the research also found that companies may be willing to implement circularity, as we all want to reduce ecological impact and emissions. However, companies have no means to assess whether their actions are having a positive impact, as the benefits may only become evident at later stages in the value chain.

To address the identified barriers, parametrization was identified as a strategy to promote data exchange between stakeholders. Properly designed parameters could bring a “common language†in which relevant circularity data is codified. This could lower the confidentiality risks for companies, while at the same time providing clarity of purpose for strategies supporting the circular economy.

‘The practical implementation of data sharing is still missing,’ says Serna. ‘While our work focused on the battery materials ecosystem, it is likely that many other industries are facing the same problems. We do not have clear indicators, and we do not exchange data because we don’t know what is relevant to others. This why we consider the topic of parametrization so relevant for the circular economy.’

is published in the Journal of Cleaner Production on 10th November 2022.

assistant professor rodrigo serna photo by lasse lecklin

We found that data considered missing by a specific actor, was often being collected by someone else who does not share it.

Rodrigo Serna
  • Updated:
  • Published:
Share
URL copied!

Read more news

Helenin voimalaitos Vuosaaressa
Studies Published:

Students developed a service blueprint for remote plant advisory services

A multidisciplinary team of master’s degree students from Aalto University collaborated with Sumitomo SHI FW (SFW) in a customized project
Family posing by a fjord harbour with red cabins and snow-capped mountains in the background
Awards and Recognition, Cooperation, Research & Art Published:

The film Fjord wins the Palme d'Or at Cannes – featuring a number of Finnish creators

The film was co-produced by Jussi Rantamäki of the film company Aamu, and it also features a Finnish costume and sound designer.
Graphic poster with dark leaves, grey textured surface and Finnish words “Näytös 26 Näyttelyâ€.
Research & Art Published:

Näytös/Näyttely26 transforms Helsinki’s Lasipalatsi Quarter into a hub for fashion and textile expertise

The event showcases Aalto’s comprehensive expertise in textiles, clothing, and fashion, as students graduating from both the Bachelor's Major in Fashion as well as the Master's Major in Fashion and Textile Design will present their thesis work.
Modern red-brick building with tall black pillars, trees in front and people walking on the pavement
Cooperation, Studies Published:

Nordea and Aalto University to explore the future of AI and human-machine interaction

Aalto University and Nordea are launching a long term research and education partnership to explore how machine agency will shape the future of services.