57.8%
our customers' recycling rate in 2023
Enabling the circular economy
The circular economy plays a key role with regard to climate action and biodiversity. L&T promotes the transition to the circular economy in its own operations as well as in its customers’ operations.
With our help, you get forks from tuna cans.
We redirect valuable raw materials back into circulation
If we continue to live as we have until now, the Earth's resources will be used up in a few months. The task of the circular economy is to ensure that valuable materials are reused as efficiently as possible. At the same time, we reduce the use of virgin natural resources.
We operate in all stages of the materials value chain
Our mission in implementing the circular economy is to ensure that no materials are wasted. We help our customers reduce waste and recycle as much of it as possible. We turn waste materials into recycled raw materials from our further processing.
New solutions move the circular economy forward
The circular economy requires more and more development work, such as closed cycle solutions and higher utilization of recycled raw materials. The most effective circular economy solutions are built together with customers and partners. Together with our customers, we have given a new life to coffee grounds, styrox boxes, wood and many other materials.
We turn hazardous waste into harmless and new products
When handled correctly, even hazardous waste can be used for a wide variety of purposes. All fractions processed in L&T's own facilities will continue to live in some other form. L&T, for example, recycles waste oil for reuse, and the glycol used in cooling systems ends up as a wood marking agent in forestry.
This is how we promoted the circular economy in 2023
Read how our circular economy work progressed in the 2023 annual report.
