ABN AMRO boosts circular economy

Dutch Spirit
DutchSpirit story

Circular economy
Statement banks circular economy (in Dutch)​ (PDF 243 KB)

Circular Economy Guide
Circular Economy Guide (in Dutch)​ (PDF 4 MB)

In a circular economy we take better care of our raw materials. We do this by innovatively recycling the products in which the materials have been used. In doing so, we extend the life of products, reduce scarcity and mitigate the negative impact of production on the environment and society at large. ABN AMRO facilitates the changeover to a circular economy and proactively engages with clients who want to make the transition to a circular business model.

Banks join forces to support a circular economy

ABN AMRO, ING and Rabobank have joined forces with MVO Nederland, the Dutch association for corporate social responsibility, to accelerate the transition to a circular economy. This development is set to boost the economy. By recycling existing products and making new products in such a way that we can recycle them easily in the future, we use fewer raw materials. At the end of the day, this will make us less dependent on natural resources. Needless to say, this is better for the environment and for society as a whole, but it will also save us money.

ABN AMRO helps clients move towards greater sustainability

In order to accelerate the transition to a circular economy, ABN AMRO provides its clients with advice about sustainable business models. We have a four-pronged approach:

  1. We study the financing needs, opportunities and risk of circular business models. By actively engaging with our clients, we make sound analyses and realistic risk assessments.
  2. We share knowledge through publications, round table sessions and individual business advice.
  3. We provide financing for circular business activities. If we cannot do so with our existing products and services, we go in search of solutions, together with our clients. 
  4. We encourage the development of circular production. For example, by adjusting our procurement policy to include recycling options and the purchase of circular products.

Circular Economy Guide: a manual for businesses

ABN AMRO believes the circular economy offers opportunities for all businesses, whether large or small. We help clients get on the fast track to becoming circular through the explanations, tools and inspirational examples provided in the Circular Economy Guide​ (PDF 4 MB). Businesses can use the guide to draw up their own circular business cases. ‘The life cycle of a product’ inspires businesses to take concrete steps: from the design phase to the choice of materials, and from production to consumption and recycling. The steps are illustrated with inspiring examples of companies that are blazing the trail in the circular economy. The stories of these pioneers show that the first successful steps towards circular business models have already been taken.

In an ideal world, all players in the system work together. That’s why businesses should look at the entire life cycle of a product, irrespective of the part they play in the existing linear chain. The cycle consists of five phases:

  1. Design
  2. Choice of materials
  3. Products
  4. Consumption
  5. Recycling

Relevant information