Less is moreis easier said than done for giant corporations looking to implement sustainability efforts across their organizations, but that hasn’t stopped Nike and Patagonia from trying.

Their joint award was one of seven given out as part of The Circulars, an annual awards program put together by Accenture Strategy and the World Economic Forum’s Community of Young Global Leaders.

Nike was chosen for its commitment toDouble its business with half the impact right now, 71% of all Nike footwear and apparel reportedly includes recycled materials such as factory scrap.

All of those recognized by The Circulars embody theCircular economyethos the notion that individuals, businesses, and other organizations should rely lesson finite resources and rethink the notion of waste.

William McDonough, chief executive of McDonough Innovation, winner of the Fortune Award for Circular Economy Leadership.

Nike and Patagonia, joint winners of the Accenture Strategy Award for Circular Economy Multinational.

Scottish government, winner of the AB InBev Award for Circular Economy Governments, Cities and Regions.