Resource extraction and processing are responsible for more than 90% of global biodiversity loss and more than half of all greenhouse gas emissions.
The circular economy is a model that aims to extend the product life cycle.
Within a cycle, the resources and materials of a product are kept in the economy as much as possible after the useful life is reached. As such, they are used effectively again and again to continue to generate added value. The circular economy contrasts with the traditional linear throwaway economy. This model relies on a large number of cheap, readily available materials and energy. The extraction and use of raw materials has a significant impact on the climate and the environment. Therefore, the reuse and refurbishment of existing products is the top priority, but if this is not possible, the recycling process takes place.
Many of our manufacturers are striving for precisely this goal, to advance the circular economy and turn their backs on the throwaway economy.
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