Every year, 30 billion tonnes of goods are produced. We dispose of 13 billion tons of goods as waste, or about 2 tonnes per person. The European Union alone produces more than 2.5 billion tonnes of waste every year.
Very little of this waste is reused. A third of goods we throw away were purchased in the same year. The extraction, use and disposal approach creates a significant environmental burden, through depleting minerals and the destruction of forests and biodiversity.
The situation continues to deteriorate. By 2050, it is estimated that 3 planets will be needed to meet the needs of humanity.
Faced with these challenges, the circular economy offers an alternative to limit pollution of the sea, air and land and reduce the overexploitation of natural resources.
Courtesy of Ellen MacArthur Foundation
Investing in a circular economy is not just about contributing to the development of a more sustainable economic model. It also means investing in a potential $4.5 trillion market,and financing companies actively involved in the transition towards a sustainable future.
Our unique approach to the circular economy combines our ESG expertise and thematic management know-how, both of which have been developed over 25 years.
Our Luxembourg fund Candriam SRI Equity Circular Economy, managed by Candriam Luxembourg, selects companies aiming to actively promote the transition towards a circular economy.
Investing in the circular economy is a potentially profitable long-term investment opportunity: companies that are able to meet the challenge of overexploitation of natural resources will, in our opinion, see their business grow and be winners in the long term.The Sub-Fund is actively managed in reference to its benchmark, the MSCITM ACWI (Net Return).
Candriam pledges to donate 10% of its net management fees to organisations that develop solutions for the transition towards a circular economy. Candriam has selected organisation “Close the Gap” as its first beneficiary. Close the Gap is an international social enterprise that aims to bridge the digital divide by offering high-quality, pre-owned computers donated by European and international companies to educational, medical and social projects in developing and emerging countries. Since 2004, Close the Gap has supported over 6,000 projects in more than 50 countries around the world. All projects are demand and impact-driven oriented initiatives.
Sources: UNEP, Euromonitor, EPA and WEF (2019), PlasticsEurope's Statistics (2019); Material Economics (2018); Conversio Reports (2018); Geyer, R., Jambeck, J. R., & Law, K. L. (2017).
Source: Madison Project Database (2018) -
Accenture, “Waste to Wealth: Creating advantage in a circular economy “, 2015.
 Maximum amount that can be paid out each year.
To fully understand the fund’s risk profile, we advise investors to carefully review the fund’s prospectus and the description of the underlying risks. The KIID is available on this website. The value of investment may decline due in particular to the fund’s exposure to the main risks mentioned in the fund’s prospectus and the Key Investor Information Document (KIID). The invested capital and the performances are not guaranteed and there is a risk of capital loss.