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  2. Sustainability
  3. Circular economy

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Circular economy

The finite nature of natural resources and the social and environmental consequences of mining raw materials make uncoupling economic growth from resource consumption and the development of a circular economy key sustainability topics. On an international and national level, politicians have taken up these challenges and set themselves the goal of regulating markets more strictly in the future in order to drive the transformation toward resource efficiency and a circular economy. This is accompanied by ambitious programs and support measures. For example, the creation of a circular economy is a key component of the European Union’s Green Deal. This has already been concretized by an action plan that is intended to set the framework for a broad range of action areas in the years ahead: from electronics and IT through food, plastic and textiles to packaging and waste management. Sustainably manufactured products for sustainable use are intended to enable citizens to share in the advantages of the circular economy and make responsible consumption decisions. Growing awareness of circular economy issues is also shown by financial market players, who increasingly include companies’ performance in this area in their evaluations by using ratings and rankings.

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