03/30/2024
Important to develop clear concepts for circular economies by extensive research on primary materials (upstream sources) followed by how they should be processed (mid and downstream) as each production and conversion-processes have unique characteristics of churning out waste either for the dustbin or for recycling. The dustbinned waste too have an economic value. Once the processed material becomes finished on its own or in combination with other materials - there are still various streams of usability till final consumption. Another round of waste availability starts following the end of the cycle of consumption and ultimate use.
Therefore ample opportunities for circular economies exist to tap this endless source of materials availability at each stage. Future research, innovative technologies therefore hold the key where the 100% of waste of today becomes 5% of real waste tomorrow.
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Global Reporting Initiative (GRI)
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Today marks the second , which aims to raise awareness on both the critical need to bolster management globally and the importance of sustainable production and consumption practices.
, our Topic Standard for Waste, encourages companies to prevent waste from being created at source and helps unlock opportunities for circular business practices. By introducing a stronger relationship between materials and waste, the Standard changes how companies measure and understand waste, responding to global concerns about the increase in waste generation and its impact on the environment, society and the economy.
Find out more about how transparency on waste impacts can help pave the road towards achieving zero-waste societies ➡️