Remanufacturing is the process of taking used products and restoring them to like-new condition, preserving their highest value.
Compared to traditional manufacturing, remanufactured products are between 20% to 40% cheaper to produce than new ones. They also have significant environmental benefits, such as reducing greenhouse gas emissions by 79% to 99% and cutting new material use by 80% to 98% (UN IRP 2018).
As businesses face increasing demands to meet sustainability goals like Net Zero, Extended Producer Responsibility (EPR), and Environmental, Social, and Governance (ESG) targets, remanufacturing provides a valuable solution.