A Circular Economy
Our business has long relied on renewable and recyclable resources to make our products. We are building on that experience to broaden the circle - from the raw materials we use, to how they are managed at the end of their useful life. Our industrial processes benefit from mimicking the closed-loop flow of materials of natural ecosystems.
These efforts are enhanced through our continuous improvement initiatives and engineering innovations focused on increasing our manufacturing efficiencies and turning more of the materials we handle into saleable products.
Our progress in finding recycling and beneficial-use options for our byproducts has accelerated over the past few years, driven by a more consistent, disciplined, companywide approach to defining, measuring and reporting byproduct streams. We are also sharing best practices across our manufacturing facilities to build on our success. Together with external experts and partners, we continue to evaluate opportunities to redirect additional byproducts to beneficial, higher value products.
We are increasingly designing our production and materials management systems to align with circular economy principles the amount of resources we use, keeping them in use for as long as possible and extracting maximum value from them.