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Nordic Data Sharing Playbook, May 2025

Why should businesses share data across the value chain?

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Traditional business models in transition - there will not be sufficient material supply to meet demand in a cost effective and sustainable way

Humanity is consuming 60% more resources than Earth can sustain
Accenture Research
. This is bad behavior, but it is also bad business.

Human consumption is growing at almost unprecedented rates, and we now consume twice as much as we did during the ‘Great Acceleration’ after World War II
Accenture Research
. And the growth is expected to continue. In 2050, material extraction and use are expected to double relative to 2015 levels. Without strategies to reduce the amount of material we use and products we consume, the UN has warned of ‘total societal collapse’
Accenture Research
This negatively impacts our planet and wellbeing. Additionally, it is damaging to business.
We are facing high price volatility in raw materials, supply chain disruptions, and unmet market demand. Additionally, there is increased geographical instability, affecting our supply chains
WEF (2025), Global Risks Report 2025
.
Traditional business models are no longer effective. Companies need a new approach for cost-competitive resilience to redesign value chains while maintaining their competitive advantages
Brookings (2022), A data-sharing approach for greater supply chain visibility
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Key business challenges
Example
Declining resources
Increased cost of raw materials
Resource depletion is fundamentally disrupting the raw materials market. Industries reliant on metals and mining, among other areas, are expected to take the biggest hit on raw material price volatility
In the first six months of 2022, the price of Lithium increased more than 600% due to sky­rocketing electric vehicle demand
International Energy Agency (2022), Global EV Outlook 2022
Geographical instability
Supply chain disruption
Supply chain blockages due to geopolitical instability, natural disaster related disruptions, and other factors, are expected in an increasingly globalized world. Businesses should expect lead times, lost revenue, and rising costs
50% of coffee varieties are in danger of extinction due to climate change, disease, and deforestation
WEF (2019), Many coffee species are threatened with extinction
Rising consumption
Increasingly complex consumer and customer demands
Consumers and customers have increasingly complex expectations of brands yet struggle to translate their values into consumption behaviors. They want to reduce their personal footprint but require brands to enable them to make decisions that have sustainable outcomes.
50% of consumers want to make more sustainable lifestyle choices, but only about 25% are reported to actually make those choices. This is the “say-do gap”
Accenture Research

We need to redefine value creation, disconnecting it from consumption

To future-proof businesses, it is necessary to redefine value creation and disconnect it from consumption. This involves reconsidering traditional value chains and the methods used to deliver products and services. It involves adopting circular thinking.

In a circular economy, the money flows without the production of net-new products (and the baggage that comes with it). This approach allows us to meet people's needs using only 70% of the materials we currently use
Accenture Research
. By reducing the use of virgin materials, producing cleaner products, prolonging the product lifecycle, and using materials again, we can decouple economic value from consumption. This will not only drive sustainability impact but create business value.
Value migration
e.g., $400B value migration driven by growth in alternative products and secondary markets
Accenture (2020), The Circular Economy Handbook: Realising the Circular Advantage; Nordic Innovation & Accenture (2021), Nordic Circular Economy Playbook – Circular business models for the manufacturing industry
New markets
  • Alternative products (e.g. EVs in automotive)
  • Alternative services (e.g., as-a-service offerings)
  • Platforms (e.g., second-hand markets)
Value drivers in the circular economy
Accenture Research
Value addition
e.g., $500B value addition through lean design, sourcing circular materials, improved forecasting, and efficient production
Accenture (2020), The Circular Economy Handbook: Realising the Circular Advantage; Nordic Innovation & Accenture (2021), Nordic Circular Economy Playbook – Circular business models for the manufacturing industry
New sources of revenue
  • Brand differentiation and market share
  • Premium pricing in some industries
  • Monetization of waste and by-products
Lower cost
  • Designing leaner products
  • Sourcing non-virgin materials
  • Improving forecasting to reduce unsold products
  • Producing more efficiently

End-to-end visibility of value chains powered by collaboration on data is essential to drive systemic change and transformation

This new business reality requires end-to-end value chain visibility.

To enable a circular economy, we must first understand our value chains—and that requires collaboration on data. No company has full visibility across the lifecycle of materials, products, and impacts. By sharing data on material flows, product performance, and emissions, value chain partners can drive systemic progress together.

Regulators try to incentivize value chain collaboration, but proactive business engagement is needed to move the needle

European regulators are pushing for end-to-end visibility and data sharing. But it is not enough.

Sustainability cannot be achieved in silos, and European regulators are enforcing laws to ensure cross value chain cooperation and data sharing. These mandate companies to report ESG data, product lifecycle information, and traceability details based on supply chain data. As an example, ESPR's Digital Product Passport (DPP) is a digital identity card for products, tracking information from materials used to repairability at the end of use.
Achieving these disclosures is difficult – and impossible without value chain collaboration and data sharing. Yet collaboration is often hindered by competition, lack of standardized systems, and limited resources, making companies hesitant to share data. Companies must be proactive and facilitate the end-to-end transformation of the value chain—ensuring consistent implementation across the industry in the face of ever-evolving regulations.
EU regulation
European Commission
Description
Data sharing incentive
Corporate Sustainability Reporting Directive (CSRD)
Requires companies to disclose information on their environmental, social, and governance (ESG) impacts to enhance corporate transparency and accountability
To comply with current and future EU regulations, companies are required to collaborate across the supply chain to collect and disclose relevant environmental, social, and governance (ESG) data, product lifecycle information, and traceability details – both on a corporate level (e.g., CSRD) and on a product level (e.g., DPP). These regulations are accelerating the need for companies to digitalize systems and share data across organizational boundaries. The data sharing can also be used to create additional business value.
Corporate Sustainability Due Diligence Directive (CSDDD)
Requires companies to report on how they identify, assess and mitigate social and environmental risks across the supply chain
Eco-design for Sustainable Products Regulation (ESPR)
Requires companies to report on a product level to ensure that products sold in the EU meet certain sustainability criteria
Digital Product Passport (DPP)
Requires companies to adopt digital product passports – a digital identity card for products, components, and materials, to store information supporting products’ sustainability
EU Battery Regulation & Battery Passport
Require batteries sold in the EU to meet sustainability, safety, and recycling standards while ensuring traceability through a digital record
Extended Producer Responsibility (EPR)
Requires producers to take responsibility for the entire lifecycle of their products to minimize environmental impact and promote circular practices
EU Deforestation Regulation (EUDR)
Requires companies to ensure that products like soy, palm oil, beef, and timber sold in the EU do not contribute to forest degradation

The winners in this new reality are boundary-less enterprises, that collaborate across the value chain to optimize and grow their business

The value realization cannot be achieved by individual companies alone – a complete value chain reinvention and cross-company data sharing will be required.

Companies must move away from the "four walls mentality" that hinders both internal and external data collaboration, or they will fall behind those who embrace agility and ecosystem approaches
Accenture Research
. In circular data-sharing ecosystems, networks of organizations collaborate and partner to create an enabling environment for collective transformation, making it possible for entire value chains to progress towards more resilient, sustainable, and financially viable systems.
Delivering on this potential requires a fundamental shift in mindset—moving from maximizing short-term profits to enhancing long-term value; and from relying solely on internal R&D to embracing open innovation and data sharing.
Ultimately, the boundaryless enterprise will outperform the rest—everyone has a piece of the puzzle, and progress depends on collaborating on data across the value chain.

“Circularity calls for a transformation that requires us to stop solving issues as isolated islands but partner up and embrace the challenges together.”

– Grundfos, Nordic Circular Accelerator participant

“Circularity calls for a transformation that requires us to stop solving issues as isolated islands but partner up and embrace the challenges together.”

– Grundfos, Nordic Circular Accelerator participant
Aspirational Case in Point

Kalundborg Symbiosis

The 17 networking companies logos
Kalundborg Symbiosis is an industrial symbiosis project located in Kalundborg, Denmark, and is the first industrial symbiosis in the world with a circular approach to production.
In a network of 17 companies, the residual flow in one company becomes a resource in another – benefiting both the environment and business financials.
The project aims to create a circular economy by leveraging data sharing to optimize resource utilization, reduce waste, and promote collaborative practices among participating industries.
Every year the symbiosis saves 4 million m³ ground water, 586.000 tons CO₂ and 62.000 tons of residual materials are recycled.
Kalundborg Symbiosis is an industrial symbiosis project located in Kalundborg, Denmark, and is the first industrial symbiosis in the world with a circular approach to production.
In a network of 17 companies, the residual flow in one company becomes a resource in another – benefiting both the environment and business financials.
The project aims to create a circular economy by leveraging data sharing to optimize resource utilization, reduce waste, and promote collaborative practices among participating industries.
Every year the symbiosis saves 4 million m³ ground water, 586.000 tons CO₂ and 62.000 tons of residual materials are recycled.
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Successful corporations will not only comply with regulation, but unlock benefits from optimized operations and drive new growth

Organizations that embrace value chain data sharing unlock a spectrum of benefits depending on their ambition level and appetite for change.

By leveraging shared circularity data, businesses enhance transparency, optimize resource use, and build resilience in a rapidly evolving market.
At the foundational level, the key value driver is regulatory compliance. Aligning with global and local regulations through accurate data sharing helps mitigate risks, avoid fines, and build stakeholder trust.
As companies mature their circular data-sharing capabilities, operational efficiency becomes central. Access to real-time supply chain data enables waste reduction, better resource utilization, and agile decision-making.
At the highest ambition level, business growth is unlocked by using end-to-end data visibility to drive innovation, develop smarter and more sustainable products, and uncover new revenue opportunities.
Ambition Level
Business growth
Drive growth: Innovate and differentiate sustainably
Sustainable growth is built on innovation and differentiation. Enterprises that share value chain data can develop smarter, more sustainable products, improve customer engagement, and uncover new market opportunities.
Operational efficiency
Optimize operations: Reduce waste and enhance efficiency
Efficiency is the key to long-term profitability. By sharing and analyzing supply chain data, businesses can eliminate waste, optimize resource use, and enhance operational performance. Leveraging real-time data improves decision-making, drives agility, and strengthens resilience in a rapidly changing landscape.
Regulatory compliance
Comply with regulations: Build license-to-operate
Accurate data sharing ensures compliance, minimizes risk, and builds trust with regulators and stakeholders. By maintaining transparency and aligning with global and local regulations, businesses can reduce legal exposure, prevent disruptions, and establish a solid foundation for sustainable operations.
Value capture data sharing