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Circular economy @Galp

We understand circular economy as an essential element for balancing out economic growth and resource consumption.

This concept is supported by a dynamic process that draws on the mechanisms of natural ecosystems, which manage the long-term resources in a continuous process of re-absorption and recycling.

 

A broad action

The circular economy includes redesigning processes, products and new business models, to optimise the use of resources.

Eco-efficiency in the management of natural capital has gained increasing importance in society and special attention by national and European government entities.

The European Commission estimates that the recent legislation package on circular economy - based on measures to prevent waste, to reuse materials and other “circular” actions - could lead to a net saving of 600 billion Euros for all the companies in the European Union.

Get to know the plan for circular economy in Europe (in English).

The transition to a more circular economy, where the value of products, materials and resources stays in the economy for as long as possible and waste production is minimised, is a key contribution to the development of a sustainable, low-carbon, resource-efficient and competitive economy.

This transition is the opportunity to transform our economy and to create competitive and sustainable advantages.

Galp and the circular synergies

Galp is a sponsor in the "Circular Economy and Industrial Symbiosis in Portugal" project, an innovative initiative that fosters synergies between companies and the community in the area of ​​waste and by-products. Its objectives are to evaluate the impact of the reuse of the waste mapped by the participants companies in the national context (Portugal) and to foster the involvement of strategic stakeholders.

In the first phase, the objective of the working group was to foster industrial symbioses among BCSD Portugal associates (project coordinator), promoting the valorisation of waste and by-products and creating technological and economic synergies between companies and industries. Through a mapping it was possible to analyse the potential of development of symbiosis between companies and their impact on economic, environmental and social. The study sample was based on data from 32 companies responsible for the production of 8.3 million tonnes of 267 types of waste.

The conclusions of the study confirm the reduction of domestic extraction, the creation of new jobs, the reduction of intermediate consumption and the generation of gross value added (GVA). Six priority actions were also presented in the scope of public policies with the aim of promoting industrial simbiosys and foster the transition to a more circular economy.

 

Consult here the report and learn about the case-study "Circular Economy@Galp - Eco-Zement Project" presented by Galp.

Our projects

We want to have an active and responsible role in promoting a collaborative model for economic development, based on generating sustainable value. ​

We promote research, development and cooperation between companies and the scientific community. Our projects aim to create and implement new services and solutions that optimise the use of resources.

Get to know some of them:

We partnered with COTEC in promoting circular economy. We aim to demonstrate the importance of scientific and technological capacity to address the challenges of preserving and optimising essential resources. Get to know our case study.

We want to contribute to a world with less waste production and less wastefulness, at the same time with a better use of resources and with fewer negative externalities. These are some of our projects:

We participate in the creation of the Innovation and Research Agenda for the Circular Economy by FCT. This initiative of a prospective nature aims to identify the I&R lines to be developed by 2030, based on the vision of various experts and key actors from society. Here are some of the themes under analysis:

  • Design and development of new products, processes and services (e.g. eco-design, eco-efficiency, industrial symbiosis, industry 4.0).
  • Virtuous cycles of transition to the circular economy (e.g. agricultural production, biodiversity, sustainable value chains, life cycle and material flows).
  • Recovery of by-products and waste. New business models (marketing, financing, market.
  • Governance and social innovation (e.g. consumer perception, consumption patterns, education).
  • Optimised territorial planning and natural transition cycles (e.g. solutions based on nature, urban metabolism).

Learn more about FCT.

Further information about the management of resources and waste

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