Sustainability – what is it exactly?
Sustainability is the defining issue of our time. It is so all-encompassing that we often find it difficult to settle on a clear definition. However, especially in the context of corporate sustainability, however, a simple and easily understandable definition is important to set clear goals.
At Reconomy, we therefore define sustainability for companies as follows: A company acts sustainably by minimizing the impact of its own actions on the environment and society. In doing so, it decides and acts ethically and responsibly so as not to jeopardize the future of coming generations.
Why is corporate sustainability so important?
There’s no denying that the planet and humanity are in a state of environmental emergency. Everyone with influence needs to take urgent action to move towards a sustainable future. This also includes businesses.
For companies, there are additional reasons why sustainability is important and should be a central topic for top management.
tons ofCO2 equivalents saved through participation in Noventiz Dual*
*The stated value refers to the year 2023. TheCO2 equivalents could be saved through participation in Noventiz Dual and the collection, sorting and recycling of packaging in Germany.
Sustainability at Noventiz
Sustainability is at the heart of our services
Sustainability is already at the heart of the wide range of services we offer. As the operator of a dual system, we ensure that packaging can be recycled and returned to the circular economy. This means that recyclable materials are not lost and the amount of waste sent to landfill or incineration is reduced. This positive effect can even be calculated: The collection, recording and recycling of used packaging saves around 1.95 million tons ofCO2 equivalents** every year.
Consumers play an important role in this recycling system by correctly sorting their household waste. Together with the other dual systems, Noventiz is running a dedicated information campaign through the “ Mülltrennung wirkt” initiative to educate consumers about waste separation and recycling. The aim is to reduce the amount of incorrectly sorted waste so that even more packaging can be recycled.
In addition, with our rotate service we work on designing highly recyclable packaging in order to further increase recycling rates.
Learn more about our services.
** The figures given refer to the year 2020 and the total contribution of packaging recycling by all dual systems in Germany. The values were determined in connection with a study conducted by the Öko-Institut on behalf of the dual systems. You can download the full study here.
Successfully earned an EcoVadis silver medal
This year, for the first time, we underwent a comprehensive assessment process by EcoVadis sustainability ratings. Our performance in terms of sustainability was reviewed and evaluated independently. The entire process includes 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
In our first rating in November 2024, we received a silver medal. This rating is a great acknowledgement for Noventiz and confirms we are on the right path. At the same time, EcoVadis has created a clear action plan to help us build on our past successes and achieve our long-term goals.
Find out more about sustainability at Noventiz in our sustainability report
In the Noventiz Sustainability Report, we provide a transparent overview of our strategy and efforts to reduce the impact of our activities on the environment as much as possible. As a subsidiary of Reconomy, our results naturally also contribute to the strategic sustainability goals of the entire Group. Find out more about the most important key figures and learn more about our goals for the future.
Sustainability at Reconomy
As part of Reconomy, we pursue the common goal of creating a truly sustainable world. by ensuring that finite resources are recycled and returned to the circular economy. The sustainability strategy sets out overarching and specific goals that are binding. In addition to environmental issues, the strategy also covers social, societal and business areas, as these three aspects are closely interlinked. It was also drawn up in accordance with the UN Sustainable Development Goals.
Sustainability is a journey
We believe in openness, honesty and transparency – and the same applies, of course, to sustainability. Implementing the overarching sustainability goals is a long process that requires continuous development and improvement. Independent institutes such as Achilles perform annual audits to document our progress and ensure we don’t lose sight of our goals. We submit detailed data and evidence which are used to write report that serves as a roadmap for further development.
The results are presented transparently in the Reconomy Sustainability Report. You can download the latest report here:
Reconomy pursues the common goal of creating a truly sustainable world.
Noventiz – your partner in sustainability
Noventiz stands for advice, service and clarity in the opaque jungle of environmental legislation. We now support more than 13,000 customers in Germany and other European countries in meeting the increasingly complex requirements of environmental legislation. As a member of Reconomy, we have access to an international network of experts and services. Our dedicated team will help you to be more than just compliant with regulations. We look at the big picture and are happy to be your partner on the journey to achieving your sustainability goals.