🎉 Happy to announce the official publication of my master’s thesis, Designing a Circular Risk Scorecard (CRIS) to Bridge Circular Economy Transitions and Financial Risk Profile! (Thesis link In Replies) - This thesis provides a structured framework helping companies assess & quantify risks associated with circular economy transitions, enabling more informed, sustainability-linked financial decision-making.
This journey was enriched by the valuable industry insights from Juha Kostiainen at YIT - Urban developer and construction company and Peter Strannegård at Fortum. Their feedback was instrumental in validating the fundamentals of this work. I also extend my deepest gratitude to my Professor and guide, Kai Hinstanen - Tampere University of Applied Sciences, for his delightful and gracious mentorship throughout this project.
📊 My approach centered around applying CRIS to 6 major Finnish companies—UPM - The Biofore Company, Neste, Fortum, Metso, KONE, and YIT - Urban developer and construction company—demonstrating how circular economy initiatives impact financial risks across diverse sectors. This exploration revealed critical sector-specific findings, underscoring the importance of a flexible, industry-tailored framework to assess the financial implications of circular economy transitions.
💡 With the growing urgency for sustainable financial models, CRIS offers a pathway to integrate circularity into corporate risk assessments, helping industries better understand, manage, and communicate financial risks tied to circular economy initiatives and actions. This thesis addresses a key gap: as companies adopt circular practices, they often lack tools to quantify the financial impact. CRIS provides a structured, transparent approach for stakeholders and investors to assess sustainability-linked financial risks.
🚀 Looking ahead, I’m excited about the potential to refine and apply CRIS in real-world settings. I invite companies interested in building or customizing this model to join in collaboration.
I would like to take this opportunity to thank all my past and current colleagues (Spinverse) and professional interactions that have enriched my perspective
If you have any questions regarding any specific aspect of the thesis, I am more than happy to have discussion.
#CircularEconomy #Sustainability #RiskManagement #FinancialInnovation #CircularEconomyTransition #CircularFinance
Impressive work, Ventas! Leading the way in sustainability! 💡