Looking ahead, there are increasingly stringent regulatory and permit requirements on the horizon, making it more difficult to bring newly extracted resources to the economy. There are also growing expectations from customers, investors and civil society that products are responsibly made and sourced, coupled with higher demand for transparency when it comes to the traceability of mined materials.
While the mining industry is feeling these pressures, to date few companies have capitalized on the opportunities from the global shift towards circular economy, and factored the associated risks into their business strategy.
Connectsat down with Katie Fedosenko, Manager, Sustainability Reporting, to learn more about circular economy, why this is an important sustainability focus area for Teck, and what that means for our operations and our people.
Circular Economy 101: Three Things to Know
1. A circular economy is a system aimed at minimizing waste and maximizing resources. This is contrasted with a linear economy, where resources are extracted or harvested and manufactured into a product that is used and that in the end becomes waste.
2. There are three principles of a circular economy—design out waste and pollution, keep products in use, and regenerate natural systems.
3.虽然经常被认为随着回收或重用的增加，但更多：循环经济代表业务和社会结构的方式，以满足日益增长的需求，最大限度地利用资源。
