Sustainability Report 2020: Circular Economy

Establishing a functioning circular economy will be the great challenge of the years ahead. In a circular system, materials and products are reused, repaired, reprocessed and recycled for as long as possible. This extends the lifetime of products and reduces waste to a minimum. In a circular economy model, resources are not repeatedly extracted from the environment and are instead integrated into a cycle. This slows the over exploitation of nature and available resources and protects our environment. Our plastic packaging is a key focus here, alongside our foam product portfolio. All too frequently, these two product groups are still incinerated or sent to landfill. This is precisely what would be avoided in a circular system, where the materials are kept in circulation.