Reconomy’s new strategy offers a detailed five-year roadmap with insights into expected policy developments and evolving requirements.
It highlights critical elements like eco-modulation, the implementation of Digital Product Passports, and the necessity for comprehensive data and increased transparency within supply chains.
Reconomy conducts its operations in over 150 countries and caters to a client base that exceeds 23,000, which includes some of the largest global brands.
Under the Textile EPR law, producers bear the responsibility for the entire lifecycle management of textile products. This includes post-consumer stages such as collection, reuse, recycling, and disposal.
The implementation of textile EPR regulations is underway with anticipated finalisation and publication slated for this year.
EU member states are expected to transpose these directives into national legislation by 2025.
By 2027, all EU countries must have established Textiles EPR laws. Following 2027, producers will be responsible for reporting, data collection, and financial contributions to EPR systems.
Reconomy has outlined its mission and specific initiatives for the next five years. These aim to equip clients with the tools required to effectively manage the complexities of textile EPR.
Reconomy textile programme and business development director Lavi Aharon said: “Textile producers are facing an increasingly complex and fast-evolving regulatory landscape as EPR schemes roll out across the world, and especially in Europe. At the same time, they are under growing pressure to demonstrate real progress on sustainability to retailers and consumers.
“Our new global strategy not only sets out what businesses can expect over the next five years but also details Reconomy’s own strategy and initiatives to support this transition.”
During the “pre-EPR” phase or the short-term strategy, the company will focus on assisting clients with understanding regulatory impacts, operational preparedness, establishing strategic partnerships within the textile ecosystem, and investing in technological advancements for superior data management and material returns.
The long-term strategy includes the post implementation of EPR legislation across EU member states and other global markets. Reconomy plans to offer continued support to clients with multi-jurisdictional compliance, including regions like North America.
The company will also assist in harnessing product-level data to foster innovation, improve product design, and expedite the shift towards circular business models.