Glossary
2025 Draft Simplified ESRS

Circular economy service

As per Annex II of the EU Taxonomy (Commission Delegated Regulation (EU) 2023/2486 supplementing Regulation (EU) 2020/852), the following economic services activities (CEY 5.1 – CEY 5.6) are considered to substantially contribute to the transition towards a circular economy:

(a) maintenance and repair;

(b) reuse and redistribution;

(c) product-as-a-service;

(d) recycling and resource recovery;

(e) sustainable design and consultation services.