Circular Economy
Circular Economy Disclosure 103-1
The Circular Economy is a new way to design, produce and use things and services within the boundaries of our planet, its resources, limitations and opportunities. It is a conceptually and operationally regenerative system that can today count on a favourable normative framework, thanks to the EU Circular Economy package and the European Green Deal, as well as a financial context distinguished by big global operators investing in circularity. Circularity is the basis of most of the sustainability choices made by RadiciGroup, for which it is: a driver for process and product innovation, especially when implemented by adopting ecodesign, that creates opportunities for product development in unexplored sectors, such as the Group’s range of 100% recyclable products and portfolio of products made from recycled and biobased materials.
an important lever for the transformation and integration of the Value Chain, through partnerships for the adoption of best practices, support of best technologies and optimisation of transport.
a stimulus for production and system efficiency, through the reduction of waste and operating costs, that utilises the industrial synergy already available among the Group business areas, broadening business opportunities;
a contribution to the creation of highly specialised and resilient local production chains, which are "light" because they are local and flexible and capable of reacting swiftly in a changing context, as happened in the case of the production of personal protective equipment for medical use during the Covid-19 crisis.
On the basis of the type of processes and know-how that characterise its production, RadiciGroup has adopted some the principles of the circular economy and incorporated them into projects: Ecodesign: RadiciGroup is increasingly working with Customers and Suppliers to design circular products. There is a particular focus on the concept of monomateriality. The concept is based on the realisation of objects using a single material, or very few chemically related ones, that can meet all the necessary performance needs and be immediately recycled at the end of life, possibly mechanically, requiring only the disassembly of the different components.
Processes: The Group invests to optimise every aspect of production. Scientific and rigorous measurements are carried out on a regular basis to verify the environmental impacts of the processes. The latter are managed using certified Quality, Environmental and Energy Management Systems, which help to keep Group companies in step with the world’s best practices.
Materials: Durable, recyclable and recycled materials are widely represented in RadiciGroup's product offering. The creation of Radici InNova opened up a new field of action in which the Group is already investing: new sources of raw materials, including bio-based materials and others obtained through innovative and technologically pioneering processes.
Durability: RadiciGroup products are based on carefully selected, high-performance raw materials originating from traceable, qualified supply chains. Nylon, in particular, is designed to last over time and confer the same characteristic to its customers’ products.
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