German automaker BMW Group has recently become the first automobile worldwide to join the Ship Recycling Transparency Initiative (SRTI)which was Launched in March 2018 by the Sustainable Shipping Initiative, reports the Economic Times.
- SRTI is an independent platform that aims to improve measures transparency and awareness relating to the issue of ship recycling.
- The move signals the BMW Group’s commitment to more sustainable organisation of transport logistics, the company said in a release.
BMW’s Outlook in This
“Sustainable awareness and transparency are guiding principles for the BMW Group’s actions. We demand the same from our partners in our worldwide distribution and transport network,” emphasized Anita Pieper, responsible for Vehicle Distribution at the BMW Group. “We are delighted to be the first automobile manufacturer to become part of the Ship Recycling Transparency Initiative and take a stand for more transparency in ship recycling.”
How will BMW help in the process?
It also informed that in the area of vehicle recycling BMW Group has developed many sustainable recycling processes within the company to gradually increase recycling rates, the company tests recycling concepts for new kinds of vehicle components on an ongoing basis at its Recycling and Dismantling Centre.
Additionally, the BMW Group is also working with research institutes and suppliers to further implementation of new recycling technologies. With its “design for recycling” principle, the company aims to ensure that components can be returned to the material cycle wherever possible at the end of a vehicle’s lifecycle.
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Source: Economic Times
