How does the Materialkonto work and what are its main functions for companies?
Von Selchow: Together with our customers, we design three concepts for the individual cycle: a logistics concept, a motivation concept, and a technical recycling concept. The logistics concept ensures that the collection and consolidation system fits the customer and their material flows – existing partnerships are of course taken into account. The motivation concept develops incentives for collection points to return valuable materials to the cycle. Finally, the recycling concept contains information on recycling pathways and, for example, the requirements for recyclates to be used again in production.
In the digital Materialkonto, our customers can then see, for instance, information on logistics or the current status of the recycling process. Additionally, valuable materials can be credited as assets or secondary raw materials can be debited, similar to a bank account. This also secures our customers' raw material supply.
How does the Materialkonto facilitate compliance with new sustainability reporting regulations and other legal requirements?
Von Selchow: The Materialkonto transparently represents all steps and quantities in the cycle, providing the data basis for sustainability reporting. Additionally, the Materialkonto can easily provide proof of the recyclability of packaging, for instance.