By CRM Staff
Toronto, Ontario – March 20, 2019 – The BMW group has become the first automobile manufacturer worldwide to join the Ship Recycling Transparency Initiative (SRTI).
The independent platform, which was launched in March of 2018 by the Sustainable Shipping Initiative, aims to improve measures, transparency, and awareness relating to the issue of ship recycling.
“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,” said Anita Pieper, vice president of 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.”
The SRTI embraces a voluntary market-driven approach to sustainable ship recycling practices. As an online platform, it promotes exchanges of information on ship recycling practices and guidelines and helps to ensure transparency in the maritime sector. The initiative takes the interests of all its members into account in its efforts to find joint solutions and create a new standard for responsible recycling.
In order to gradually increase recycling rates BMW tests recycling concepts for different kinds of vehicle components on an ongoing basis at its Recycling and Dismantling Centre. The BMW group also works with research institutes and suppliers to further the implementation of new recycling technologies so that components can be returned to the material cycle whenever possible at the end of a vehicle’s lifecycle.