Reconomy unveils a five-year strategy focusing on eco-modulation, Digital Product Passports, and transparency in supply chains. With operations in 150+ countries and 23,000 clients, the company aims to help textile producers navigate evolving EPR regulations and sustainability demands.

EU pushes for Textile EPR laws by 2027, requiring producers to manage products through collection, reuse, recycling, and disposal. Member states must adopt these laws by 2025, with producers responsible for reporting and financial contributions to EPR systems post-2027.

Reconomy pledges support for textile producers facing complex EPR regulations globally. Short-term strategy involves regulatory understanding, partnerships, and tech investments. Long-term plan includes post-EPR support, innovation through data, and circular business model promotion.

Reconomy aids businesses in achieving circular operations amidst rising consumer expectations. The company offers comprehensive textile EPR services, including monitoring, data management, repair, and circularity solutions. Its new ‘Textile EPR Impact Assessment’ service supports firms in adapting to changing regulations.

In a bid to advance climate and nature goals, Reconomy launches its Environment Action Plan with net-zero carbon targets and biodiversity enhancements. The company’s strategic release coincides with the introduction of its ‘Textile EPR Impact Assessment’ service to assist businesses in navigating textile regulation changes.

Read more at Yahoo Finance: Reconomy guides firms through shifting textile EPR landscape