DAVOS, Switzerland-(Business Wire)-The World Economic Forum’s Community of Young Global Leaders, in collaboration with Accenture Strategy, has awarded the Circulars at the Annual Meeting of the World Economic Forum in Davos-Klosters.

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

Patagonia, for a long track record of sustainable innovation in the industry and embedding the principles of the circular economy into their business strategy through the likes of theirWorn Wearinitiatives.

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 their target sectors that simultaneously scale social and environmental impact whilst delivering sound financials.

The Circulars demonstrate that the days of thetake, make, wastebusiness models are over. The path to innovation, growth and competitiveness starts by creatively reducing the strain on scarce natural resources,” said Peter Lacy, managing director, Accenture Strategy.

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.” said Dominic Waughray Head of Pubic Private Partnership at the World Economic Forum.