We will drive the shift to more circular business models and use of resources, finding ways to close loops and generate new revenue streams from the processes and materials we use.
More than 90% circular
- Material and resource efficiency improvement part of all development projects
- Develop business models for recycling/circularity for our customers
- Our products, including packaging material, shall have at least 90% material circularity
- Halve waste in our production processes
- Require 90% circularity for key suppliers
We have five enablers to reach our goals and targets.
How we progress
Left axis: Waste in thousand tons. Each bar displays a quarterly outcome. It’s split in two parts: Waste to Recovery and Waste to other disposal.
Right axis: The line shows Total Waste in thousand tons, and the values are ‘annualized’, meaning that each data point is the sum of the last four quarters. The line is shown against the scale on the right hand side.
Waste to Recovery = The sum of waste that go to some sort of recovery operations. There are plenty different operations that are classified as recovery operations. In short it means that the waste is either, reused, recovered or recycled.
Waste to Other Disposal = The sum of waste that go to any operation not classified as recovery. The most common example is that it’s disposed to a landfill.
Examples of how we build circularity
Here are more examples of actions and products contributing to reaching our circularity goal.
82% recycled steel
Sandvik steel is derived from 82 (2019) percent recycled material.
Recycling of dolomite
We work actively with the recycling of the mineral dolomite. Full recycling would decrease the demand for virgin dolomite with 3,000 tons per year.
Mobile grinding container
Our mobile grinding container for the sharpening of the cemented carbide inserts attached in the rock tool drillbits is a flexible solution making it possible for customers to easily perform the grinding operation directly at the drill rigs. By regrinding drill bits regularly, customers can increase drill bit service life by up to 10 times and thereby reduce waste.