Tomra is leading the move to a circular economy

Why do we invest?

Currently, we produce 400 million tonnes of plastic waste every year, of which less than 10% is recycled. Tomra’s technology can play a key role in tackling the problem, by making the collection and sorting of plastic packaging more convenient for end-users, and more efficient for waste processors. Higher recycling rates mean that less plastic ends up in the ocean or landfill, while reducing reliance on the emissions-intensive production of virgin plastic.

What is their impact?

Tomra’s innovations, particularly in the field of scanning technology, have driven significant improvements in the collection and recycling of packaging. The company was founded on the invention of the world’s first reverse vending machine, which allows customers to return used beverage containers and other packaging. A scanner in the machine identifies the packaging, and verifies that a deposit should be returned to the user, if it is eligible under a DRS (Deposit Return Scheme). Tomra also supplies waste sorting equipment to waste management companies.

The information provided should not be considered a recommendation to purchase or sell any particular security. The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

*Source: M&G Climate Solutions Fund - Annual Climate Measurement Report 2023