Circular Economy – Closing the Loop

Climate change, population growth, unsustainable lifestyles – surmounting global challenges like these require embracing Circular Economy as a guiding light. At Covestro, our goal is to embed circular economic principles into the fabric of our operations and be a trailblazer for the entire plastics industry.

Circular Economy

Produce, consume, dispose – it often works like a one-way street. But this linear economy of “take, make, waste” production and consumption isn't compatible with the challenges facing the world today. To take on climate change and preserve our planet, we have to move away from a single-use mindset.

 

Transitioning to this kind of circular world is a visionary project for society as a whole, and it's gaining traction. By working together, we can power the shift to Circular Economy, helping make our planet a more sustainable, healthier, cleaner place to live. In accelerating this transition, the plastics industry has a prominent role to play. That's because plastic can be found in practically every area of modern life and is the key to solving many of today’s pressing issues.

 

Covestro as a Pioneer

At Covestro, we've focused our corporate vision entirely on advancing the Circular Economy, aspiring to meet the interests of customers and consumers alike. Aiming to offer solutions to challenges in the political, scientific, and economic sectors. And striving to advance the welfare of our own workforce. To accomplish our bold goal, we set up a strategic program in 2019, aiming at establishing circularity in all of our business segments.

 

Alternative Materials, Innovative Recycling

With our strategic program, our primary aim is to maximize the use of limited resources and manufacture plastics in a truly sustainable, climate-neutral way. By using alternative raw materials and renewable energy, we aim to shrink plastic's environmental footprint, reduce our emissions, and eliminate waste. We're also working to develop innovative technologies that improve and promote the recycling used products and materials that complies with the United Nation's sustainability goals. To create these forward-thinking solutions, we aim to collaborate with as many players as possible from across all areas of the value chain. By working together, we will not only realize new business opportunities, but will also help make the world a brighter place for us all.