In 2021, Nordic Innovation launched the Nordic Circular Economy Playbook for the Nordic manufaturing industries with the aim to enable companies and individuals to start their circular journey. The playbook was well received among Nordic companies looking to transition was a linear to a circular business model. Nordic Innovation decided to proceed with a second and updated version of the playbook, The Nordic Circular Economy Playbook 2.0 - Transform and Scale. 

This report is a status of the development in circular business models among Nordic manufaturing industries. The report provides definitions of circular economy and an assessment of the maturity level of today's circular business models and it highlights the barriers of scaling this kind of business model. The report also unfolds a set of recommendations for inspiring policy levels and organisations to continue and improve the framework and efforts around circular business models in the Nordic countries.