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 gold medal
We have once again undergone a comprehensive assessment process by EcoVadis – the globally recognised provider and global standard for sustainability ratings. During this process, our sustainability performance was independently assessed and evaluated. The assessment is based on 21 sustainability criteria across four key areas: the environment, labour and human rights, ethics, and sustainable procurement.
Following our first EcoVadis rating in 2024, which was immediately recognised with a Silver medal, we have once again significantly improved our performance: in the latest assessment, we were awarded the Gold medal. With this Gold certification, we rank among the top 5% of companies assessed worldwide.
This outstanding result confirms our consistent commitment to sustainable business practices. At the same time, we see the rating as an incentive to further expand our measures and continuously develop our sustainability strategy.
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
Openness, honesty and transparency are important to us – and, of course, this applies to sustainability as well. Implementing our overarching sustainability goals is a long-term process, one in which continuous improvement is a constant companion. To document our progress, we collect data across the company and analyse it against our key performance indicators.
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.
ISO Certification according to 14064
ISO 14064 is the international standard for the quantification and reporting of greenhouse gas emissions .It provides the foundation for a reliable carbon footprint and supports companies on their path toward achieving net-zero emissions. Reconomy – and with it, Noventiz – has met the requirements of ISO 14064 and successfully passed external verification by an independent certifier (interface) once again. An official certificate confirms the result.
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.