Recycling metal waste as a way to protect the planet
Protecting the planet has become a priority. Years of wear and tear for multiple reasons have meant that sustainability is now at the forefront of all industries and, therefore, new ways to generate less environmental impact are constantly being sought. One of the most promoted techniques is the recycling of all material that can be recycled, thus promoting the idea of a circular economy, which allows getting the most out of all the elements.
Both industrially and on a daily basis, it has been motivated to recycle metal waste as a way to reduce the environmental impact, as well as generate an economic benefit by reusing the material.
This trend has been increasing considerably. This is reported by the United States Environmental Protection Agency (EPA), who explains that by 1960, 50,000 US tons were recycled, while by 2018, that number rose to 6,360. One of the reasons for this increase is the prominence that sustainability has taken on in our daily lives.
Industries, institutions, governments, and others have highlighted the importance of motivating changes in society and these changes must have the planet as the protagonist. From there arise numerous recycling processes and new ways of producing the goods that we already consume in a different way that does not affect the ecosystem or the objectives of sustainable development.
Bioeconomy, a strategy for the future
The bioeconomy is a model where biotechnology contributes significantly to economic production and, combined with the circular economy, represents an economically and environmentally sustainable model.
Investing in recycling is investing in sustainability
If in your role as an investor you seek to support those companies that work hard to generate a real change in the impact they have on the planet, focusing on companies that recycle as part of their services is one of the many ways. When it comes to metals, a couple of companies that combine history and purpose are Steel Dynamics and Umicore, both of which are a great option if your intention is to invest with purpose.
Companies such as Steel Dynamics are responsible for supplying steel, copper and other metals to different industries, but they have also promoted the recycling of these metals for many years, thus becoming one of the largest recyclers in North America with processes that bring as a product final material in form and grade reusable. This is known as the circular economy, a great ally in the issue of sustainable development.
Another company that promotes the recycling of metal waste and other materials is Umicore, who manage the recycling of metals, rechargeable batteries, electronics, jewelry, cobalt and others with innovative processes and technologies that promote the circular economy as a way to get the most out of the materials. In addition, its sustainability policies make it one of the leading companies in this aspect, with a constant struggle to reach zero emissions.
Your financial capital as a driver of change
The importance of investors in this process of change is vital. If your goal is to support and drive real change with significant impact, targeting your investment in recycling companies is one of many ways.
BBVA New Gen is aware of the importance of this industry in the future and therefore brings together a considerable portfolio in categories such as sustainability and circular economy. If investing with purpose is your goal, contact the financial advisors at BBVA New Gen to create much-needed impact at scale.
Innovative examples of circular economy
The circular economy is a model that arises in contrast to the 'linear economy', which has taken the exploitation of natural resources to the limit. In this sense, the circular economy adds to the efforts to promote sustainable development.
Understanding the socially responsible investing
It's no secret that socially responsible investing now occupies centre stage amongst investors and asset managers. How can we implement socially responsible investing processes?