
ESG professionals and policymakers play critical and distinct roles in driving Australia's circular economy, especially in the context of problematic waste products like tyres.
By integrating environmental, social and governance factors into business strategy and policymaking, they help drive sustainability in all facets of our economy and society and help shape community expectations of accountability.
They can be found working in both private and public sectors, including:
Methods in which ESG professionals are engaging with the circular economy are:
Sustainable Procurement: Sourcing products from manufacturers and suppliers that support the stewardship of tyres through recycling and reuse.
Lifecycle Planning: Designing tyre usage strategies that reduce waste.
Transparency: Tracking and reporting tyre disposal and recycling data.
Risk Reduction: Identifying environmental and compliance risks tied to waste.
Regulations: Setting rules for tyre standards, disposal and landfill or burial processes.
Incentives: Supporting innovation and recycling programs via funding or industry grants.
National Frameworks: Building circular economy roadmaps and targets.
Stewardship Schemes: Supporting stewardship schemes like Tyre Stewardship Australia to improve recovery rates and support higher-value and circular outcomes.
ESG leadership and smarter policies pave the way for more circular and sustainable outcomes for Australia's used tyres.