LONDON - Renewi PLC (LSE:RWI), a European leader in recycling, announced the appointment of its Non-Executive Director, Neil Hartley, to the board of Moreld AS, a Norway-based project execution partner for various sectors. The appointment, effective December 19, 2024, aligns with the Financial Conduct Authority's Listing Rules.
Hartley's new role at Moreld AS, listed on Euronext (EPA:ENX) Growth Oslo under the ticker MORLD, complements his position at Renewi, a company committed to the circular economy through waste-to-product recycling. Moreld AS serves the energy, marine, and industrial sectors, indicating a synergy between the companies in terms of sustainability and environmental focus.
Renewi's operations span 151 sites in five European countries, where over 6,000 employees work towards a vision of leading the waste-to-product industry. The company boasts a recycling rate of 66.2% from its continuing operations, which is among the highest in Europe. In the fiscal year 2024, Renewi processed 6.6 million tonnes of materials, contributing to the reduction of 2.5 million tonnes of CO2 emissions annually, underpinning its commitment to mitigating climate change and resource scarcity.
The company's innovative approach converts waste into new materials such as paper, metals, plastics, glass, wood, building materials, compost, and water. Renewi's efforts are recognized in the Benelux region and across Europe, highlighting its significant role in advancing recycling technologies and promoting a cleaner environment.
This director declaration is a testament to the interconnected nature of companies working towards a sustainable future and the shared expertise among leaders in the environmental sector. The information is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG).
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