Today, less than 8% of the world’s precious resources are circular and more than 30% of all consumable food is wasted each year. With efforts stepping up worldwide to reduce waste and greenhouse gas emissions, TOMRA’s solutions help to enable circular economies and optimal resource productivity – turning waste into valuable resources – and ensuring that improved global wellbeing can be accomplished in a sustainable manner.

The number of countries with deposit return systems are expanding at a historically fast pace, led by EU regulation to achieve a 90% collection rate for plastic bottles as well as global ambitions to reduce plastic pollution. This provides a significant growth opportunity for our Collection division.

With commitments from producers to reduce greenhouse gas emissions and meet the legislative targets of increasing recycled content in plastic packaging from today's level of 10% to 35% by 2030 and 65% by 2040, the efforts to reduce waste and increase recycling of resources will further drive demand for our Recycling division’s sorting solutions.

By 2050, a global population of 9.8 billion will need 70% more food than is consumed today. This will create the need for increased automation in the food industry to both reduce food loss and waste in the food value chain, as well as toward meeting the requirements for ensuring food safety and quality - all factors which drive demand for our Food division’s grading, sorting and peeling solutions.

Building on TOMRA's culture of entrepreneurial spirit, we are working to further accelerate the circular economy transition by developing new adjacent business ventures that leverage our technology and decades of know-how. These new ventures are part of TOMRA Horizon where we seek to shape new markets, broaden our portfolio, and scale up new businesses to continue to lead the resource revolution and create value for customers, shareholders, and society for generations to come. 

We have a strategy to become a fully circular business that is safe, fair and inclusive. We are committed to setting science-based emissions reduction targets that align with the Paris Agreement of below 1.5°C warming. We manage and reduce negative environmental impacts from our business operations and products across their lifecycle. By 2030 we aim to use at least 90% sustainable materials and components in all new products while ensuring that at least 50% of our products are circular at their end of life.