I am pleased to report that Renewi has performed with resilience during this Covid-19-impacted year. We maintained full services to our customers, kept our people safe from the worst effects of the pandemic and our financial performance was significantly more robust than we had originally expected. This performance is due to the dedication of the women and men of Renewi in ensuring that we could meet all our commitments. I would like to thank them all.
Our ambitions in the circular economy
The disruption of Covid-19 is a tiny foretaste of what is to come if our global society does not address the issues of climate change and sustainability. As The Circularity Gap Report 2021 has concluded, society cannot achieve its carbon reduction targets without also very significantly increasing the reuse of materials in a circular economy. We have therefore maintained our singular focus on evolving Renewi to address these critical challenges for our collective future. We have an ambition to be a leading player in providing circular solutions in advanced economies, initially in the Benelux but ultimately in other territories as regulatory conditions make our circular initiatives economically viable or even mandatory. We are committed to making a positive impact on all the societies within which we work: reducing carbon emissions, reusing materials to preserve virgin resources, reducing pollution, and engaging with and educating our communities about circularity.