Reconomy, a leading provider of resource management solutions, is headquartered in the United Kingdom and operates extensively across Europe and North America. Founded in 2000, the company has established itself within the waste management and recycling industry, focusing on sustainable resource recovery and circular economy practices. Reconomy offers a range of services, including waste management, recycling, and compliance solutions, distinguished by their innovative technology and commitment to sustainability. The company has achieved significant milestones, such as expanding its service offerings and enhancing its digital platforms to improve client engagement. With a strong market position, Reconomy is recognised for its dedication to reducing environmental impact and promoting efficient resource use, making it a trusted partner for businesses seeking to optimise their waste management strategies.
How does Reconomy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Reconomy's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Reconomy reported total greenhouse gas (GHG) emissions of approximately 190.4 million tonnes CO2e. This figure includes about 11.1 million tonnes CO2e from Scope 1 emissions, 2.9 million tonnes CO2e from Scope 2 emissions, and a significant 178.9 million tonnes CO2e from Scope 3 emissions, which primarily arise from fuel and energy-related activities. Reconomy has set ambitious climate commitments, aiming for net-zero GHG emissions across its value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 33.6% by 2028, using 2021 as the baseline year. Additionally, Reconomy plans to increase its sourcing of renewable electricity from 86% in 2021 to 100% by 2028. For Scope 3 emissions, the company targets a reduction of 44% per USD value added by 2028. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2040 and a 97% reduction in Scope 3 emissions per USD value added within the same timeframe. These commitments align with industry standards and reflect Reconomy's dedication to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 7,928,170 | 00,000,000 | 00,000,000 |
Scope 2 | - | - | 000,000 |
Scope 3 | 303,158,190 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Reconomy is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.