Capital Equipment Coalition North America
Business plays a leading role in driving a more sustainable future for our communities. Companies in the capital equipment sector are working across sectors to accelerate the circular economy and reduce their environmental impact.
In 2021, the U.S. Chamber of Commerce Foundation partnered with Philips and the World Economic Forum’s Platform for Accelerating the Circular Economy (PACE) to expand the Capital Equipment Coalition (CEC)—which was originally launched in Europe in 2018—to the North American market. With participation from leading businesses involved in the servicing, manufacturing, and distribution of durable goods known as “capital equipment,” the Coalition worked to create an open forum to reduce the environmental footprint of the capital equipment sector through information-sharing and collaboration.
The Coalition is currently supported through the PACE Action Agenda, a global overview of best practices and gaps along the capital equipment value chain, with concrete calls to action to make the impact that is needed and reduce the environmental footprint.
At the U.S. Chamber Foundation, we believe in the power of business to solve our toughest challenges and the Capital Equipment Coalition is a prime example of how companies can lead the transformation to a sustainable future by coming together around common goals.— Carolyn Cawley, President of the U.S. Chamber Foundation
Companies need to continue to study, pilot, and innovate business, sales and manufacturing processes, while addressing potential barriers of mindsets and legal and safety issues.
The U.S. Chamber Foundation's Capital Equipment Coalition (CEC) North America aims to create a collaborative forum that works to reduce the environmental footprint of the capital equipment sector. The coalition hosts quarterly workshops to discuss actions that members of the industry can take to achieve progress. In this report, we explore how digital technologies are critical enablers to move from a linear to a circular economy.
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The U.S. Chamber of Commerce Foundation has partnered with Philips and the World Economic Forum’s Platform for Accelerating the Circular Economy (PACE) to help companies in the capital equipment sector transition to a circular “make-use-reuse” model to realize a better future for people and the planet.
Launched at the World Economic Forum in Davos in 2018, the Coalition aims to help companies in the capital equipment sector transition to a circular “make-use-reuse” model to realize a better future for people and nature.
The world is rapidly becoming aware of unsustainable consumption and waste, and a growing number of companies are setting ambitious sustainability goals to address this fundamental challenge through proactive business solutions. This article highlights key takeaways from the U.S. Chamber Foundation’s virtual Sustainability Summit Series session on Collaborating for Impact.
