As the world population grows, it becomes more important than ever for businesses to adopt sustainable practices. A circular economy is one way to achieve this, as it focuses on recycling and reuse. This can help reduce waste and environmental impact. There are many ways businesses can adopt a circular economy, including reducing packaging, choosing recycled materials, and partnering with recycling companies.
The EU is moving its recycling and waste treatment targets beyond waste management. Its goal is to integrate waste streams back into production, as far as possible eliminating the concept of waste altogether and creating a circular economy.
The COVID-19 pandemic has affected the global economy in an unprecedented way. The waste and recycling industry—while deemed an essential service and therefore not shut down—has experienced its own set of negative effects, both long and short-term.