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Waste & Resource Efficiency

Waste & Resource Efficiency

The past 65 years have seen plastics production increase from 1.5 a year to 300 million tonnes*. Plastic materials are used increasingly across all sectors, mainly due to their convenience for consumers and their versatility in design and functionality. Plastics also bring tangible economic, environmental and social benefits, including food waste reduction, better crop production, higher energy efficiency, reduced CO2 emissions and lower water demand. However, the world population continues to grow, and consumption patterns change. Along with the lack of adequate end-of-life waste management and the issue of littering, all these factors have contributed to global marine pollution. Stopping the leakage of plastics into the oceans is a global challenge.

But the planet has limited resources and plastics are too valuable to be wasted. Borealis is committed to improving plastic recovery and reuse through its engagement in the plastics circular economy. With the Borealis Social Fund, Borealis is going beyond its core business. Waste and marine litter prevention has been defined as one of the three focus areas for the social fund. The first projects began in 2017, with more to follow.

*https://www.economist.com/international/2018/03/03/the-known-unknowns-of-plastic-pollution

Project STOP | Our CEO Alfred Stern on waste management and the role of the value chain

Project STOP, an initiative to create sustainable waste management infrastructure in high-need areas of Asia, has achieved an important milestone: Since the launch of its first city partnership in 2018, 100,000 people now have access to circular waste management services, most for the first time. Our CEO, Alfred Stern, discusses the importance of waste management and how value chain plays important role in a Circular Economy.

Sustainability

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