Reconomy has launched its Reconomy Environment Action Plan (REAP) to advance climate and biodiversity goals. The plan aligns with the UN’s Sustainable Development Goals and aims to reduce the environmental impact of Reconomy and its partners, addressing climate change, material scarcity, and biodiversity loss.
Reconomy has also become the first UK-based company in its sector to adopt the Taskforce on Nature-related Financial Disclosures (TNFD), integrating it with its existing Taskforce on Climate-related Financial Disclosures (TCFD). This move enhances the company’s sustainability reporting and will be highlighted at the upcoming Biodiversity COP16 in Colombia.
In addition to global efforts, Reconomy is involved in local initiatives such as creating “wild highways” for dormice in partnership with The Shropshire Wildlife Trust. This project mitigates business travel emissions, improves biodiversity, and encourages employee participation in the National Hazel Dormouse Monitoring Programme.
Diane Crowe, Reconomy’s group sustainability director, emphasized the importance of these efforts as part of the company’s Nature and Climate Strategy. Reconomy’s commitment to achieving net-zero carbon and advancing circular economy practices positions it as a leader in sustainability.