Overview
ISO/TR 59031:2026 is a technical report published by the International Organization for Standardization (ISO) that focuses on analyzing case studies of performance-based approaches within the context of the circular economy. The document is designed to support organizations of any size or sector as they seek to move from traditional linear economic models to more sustainable business models built around performance and service provision.
Rather than detailing individual actions such as circular design or recycling, ISO/TR 59031:2026 spotlights the systemic transition of organizations to models such as the functional economy, service economy, and product-as-a-service (PaaS). Through selected case studies, this standard provides critical insights and practical learning for organizations exploring or implementing circular economy strategies that rely on commercializing performance outcomes instead of asset ownership.
Key Topics
- Performance-based Approaches: Definitions and explanations of business models that link revenue more closely to the actual performance, outcomes, and results delivered to customers, rather than to product sales volume. This includes models such as PaaS, functional economy, and service economy.
- Case Studies and Practical Examples: The report features a curated selection of global case studies representing diverse organizations that have implemented performance-based models. Each case includes background information, quantitative and qualitative data, implementation context, assessment of environmental and social impacts, and analysis of replicability.
- Business Model Transformation: Examination of the challenges organizations face when transitioning business models-from legacy linear or ownership-based models to circular, service- or usage-based approaches. The standard discusses cultural, organizational, and industrial implications, as well as value creation and revenue stream restructuring.
- Assessment Criteria: Guidance on how to analyze and assess the effectiveness of performance-based approaches, including consideration for life cycle assessment (LCA), greenhouse gas (GHG) emissions, and both tangible and intangible value generated.
- Replicability and Scalability: Exploration of how performance-based circular models can be adapted and applied in different sectors, geographies, and organizational contexts.
Applications
ISO/TR 59031:2026 provides substantial value for a range of stakeholders seeking practical insight into circular economy implementation through performance-based models:
- Business Leaders and Strategists: Use the report’s case studies as benchmarking tools and inspiration for developing or refining innovative business models that align with the circular economy.
- Sustainability Managers: Gain examples and assessment frameworks for measuring environmental, social, and economic impacts of performance-based strategies.
- Policymakers and Regulators: Reference real-world applications to inform policy design that enables and encourages sustainable business model transformation.
- Consultants and Industry Bodies: Utilize documented approaches and lessons learned to advise client organizations on circular transitions and risk mitigation.
- Academic and Research Institutions: Analyze empirical data and change management processes in the shift toward service-based and circular economic models for further study or curriculum development.
Related Standards
ISO/TR 59031:2026 is part of the broader ISO 59000 family of standards addressing the circular economy. Key related standards include:
- ISO 59004 – Guidance on principles, terminology, and frameworks for the circular economy.
- ISO 59010 – Guidance for implementing circular economy business models in organizations.
- ISO 59020 – Focuses on measuring and assessing circularity within organizations and value chains.
These standards collectively facilitate the harmonization of circular economy concepts internationally and provide organizations with end-to-end guidance for transitioning toward sustainable economic models.
By leveraging the practical insights and thorough analysis presented in ISO/TR 59031:2026, organizations can identify critical success factors, anticipate transition challenges, and evaluate operational models that advance both their business outcomes and sustainability goals within the circular economy.