Resource conservation and waste reduction are major societal and political challenges that demand a response from industry. Across INEOS our chemical sites aim to optimise material efficiency and use recycled or renewable materials as feedstock to cut waste and pollution.
We contribute to the transition to a bio-based and circular economy by investing in bio-attributed and circular products that save resources, reduce greenhouse gas emissions, and create opportunities for our customers and businesses to meet consumer demands and enter new markets. We also work to improve the recyclability of our products, so they can be reused, or recycled to the maximum extent possible, reducing landfill, incineration, and lowering the demand for fossil-based raw materials.
This is a particular priority for our businesses that make products that reach end-consumers, such as polyethylene, polypropylene, polystyrene, and PVC. The move to a circular economy will maximise the valuable contribution that such plastics make to society, while minimising their environmental impact.
We have set ambitious targets to incorporate recycled material into our polymers and ensure our polymer products are 100% recyclable by 2025. We are on track to exceed these targets and have made a new pledge to incorporate at least 850,000 tonnes of recycled and bio-sourced material per annum into our polymers by 2030.
