Circular Economy
Stainless steel is a sustainable material by definition
To ensure sustainable growth, it is essential to make efficient use of resources and to promote initiatives that contribute to the shift from a traditional linear economy model to a circular economy model.
Diagram of the circular economy
NAS, as part of the Acerinox Group was recognized with the Responsible Chromium award after having been successfully assessed by the independent CSR rating agency, Ecovadis, and for going beyond the standard requirements, paving the way towards responsible action. More specifically, Ecovadis recognized the Group’s achievements in sustainability by awarding it the Gold seal.
NAS’s objective
Reduce by 90% the waste sent to landfill by 2030, using 2020 data as a reference point.
Best practices
E-Waste
In Malaysia, E-waste is categorised as Scheduled Wastes under Code SW110, First Schedule, Environmental Quality (Scheduled Wastes) Regulations 2005. To ensure the implementation of sustainable e-waste management, the consumer is responsible for disposing of their e-waste via the retailer, registered collectors or licensed recovery facilities.
The first phase of the project involved dedicating an area at Bahru’s plant for the collection of household e-waste from employees’ homes/daily lives. The second phase will look to expand, through Bahru’s CSR program, the collection of household e-waste from the sponsored school and the nearby community and neighborhood.
Kentucky Excellence in Environmental Leadership
NAS is also a great recycler of scrap metal, and advocates reducing waste generation, reusing materials and separating metallic and non-metallic materials. NAS is one of the first members of the Kentucky Excellence in Environmental Leadership (KY EXCEL) program and has reached the Master membership level.
