Product A concept of shared responsibility by all sectors involved in the manufacture, distribution, use and stewardship disposal of products, which seeks to ensure value is recovered from products at end-of-life. Recycling A term that may be used to cover a wide range of activities, including collection, sorting, reprocessing and manufacture into new products. Reuse Recovering value from a discarded resource without processing or remanufacture. Social licence The concept has evolved from broader concepts of social and is based on ‘corporate responsibility’ to operate the idea that a business not only needs appropriate government or regulatory approval but also a The social licence is the acceptance that is continually granted to a business by the ‘social licence’. local community or other stakeholders to operate.
Product stewardship A concept of shared responsibility by all sectors involved in the manufacture, distribution, use and disposal of products, which seeks to ensure value is recovered from products at end-of-life. Recycling A term that may be used to cover a wide range of activities, including collection, sorting, reprocessing and manufacture into new products. Reuse Recovering value from a discarded resource without processing or remanufacture. Social licence to operate The concept has evolved from broader concepts of ‘corporate social responsibility’ and is based on the idea that a business not only needs appropriate government or regulatory approval but also a ‘social licence’. The social licence is the acceptance that is continually granted to a business by the local community or other stakeholders to operate.