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.
Circular Economy – Closing the Loop
Our society must find new ways of putting our world's limited resources to good use. And reuse. This means making products that last for as long as possible. Avoiding waste. And viewing used products as a resource, recovering everything we can from them to recycle along the value chain. It also means exploring alternative sources of sustainable raw materials, such as biomass and even CO₂ itself. On top of it all, there's renewable energy, which is needed to power a truly resource-efficient economy.
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.