Using recycled plastics increases the demand for secondary raw materials and makes them more valuable. This means that recycling companies have stable turnovers and the ability to invest in better sorting and recycling processes. The circular economy is strengthened and local industry boosted.
CSRD reporting, which will be mandatory for listed companies from 2024 (reference year), involves collecting, measuring, analysing and communicating information on a company's economic, social and environmental impact. In the environmental section, companies must report on their performance, including their greenhouse gas emissions, water consumption, waste management, use of natural resources and their commitments to renewable energies.