The seven Circulars were awarded as follows: The Fortune Award for Circular Economy Leadership: William McDonough, chief executive of McDonough Innovation, a globally recognized leader in sustainable development.

The Accenture Strategy Award for Circular Economy Multinational: Nike Inc., for leading work on material efficiency and waste reduction and aiming to double its business with half the impact through adopting circular economy principles.

The Young Global Leaders Award for Circular Economy SME: MBA Polymers Inc., for upcycling complex plastic waste streams to the same quality, and at the same price, as virgin plastic with the potential for scale and impact in plastics globally.

The AB InBev Award for Circular Economy Governments, Cities and Regions: Scottish Government, for leading a coalition across business and government to drive the circular economy in Scotland with clear impact demonstrated and ambitious targets for the future.

The CNBC Award for Circular Economy Investor: SJF Ventures, for investing in circular economy businesses across its target sectors that simultaneously scale social and environmental impact while delivering sound financials.

The Ecolab Award for Circular Economy Digital Disruptor: Rubicon Global, for providing a sustainable waste and recycling solution that uses cloud-based technology and big data to connect customers with haulers.

The circular economy is now established as one of the major ways organizations, cities and economies pursue sustainable growth. The rapid progress in advance sciences, industrial design and digital innovation has been matched by a swift application of circular models at a large scale,” says Dominic Waughray, head of pubic private partnership at the World Economic Forum.