Circular economy refers to a development model in which emphasis is given in expanding the lifetime of products, reducing the consumption of non-renewable resources and promoting the reuse, recycle and recovery of energy and materials consumed. This development approach enables sustainable growth, with multiple benefits for the society, the economy and the environment, while requiring changes to entire value chains, from the design up to final consumption of products.
At OTE Group we recognize the scarcity of natural resources and their importance in sustainable development for this reason, we integrate the principles of circular economy across Group’s value chain by:
- Setting eco-design technical specifications for the products provided and contractual terms covering sustainability issues,
- Applying the principle "Reduce – Reuse – Recycle" for our activities,
- Expanding the lifetime and overall utilization of the equipment provided to customers, and facilitating the recycling of their discarded equipment,
- Developing products and services that contribute to the rational and efficient use of natural resources and the reduction of waste generated and
- Informing and encouraging citizens to adopt recycling practices.
