Sustainablewastemanagementhasundergone significantadvancementsandtransformationin recentyears,markingacrucialturningpointinour collectiveeffortstowardagreenerandmore sustainablefuture.Theseadvancementshaverevolutionized traditionalwastemanagementpractices,pavingthewayfor innovativesolutionsthatprioritizeenvironmental conservationandresourceefficiency.
Onenotableadvancementistheincreasedemphasison wastereductionandprevention.Ratherthansolelyfocusing onwastedisposal,sustainablewastemanagementnow placesastrongemphasisonreducingwasteatitssource. Thisshiftinmindsethasledtotheadoptionofpractices suchasproductredesign,packagingoptimization,and promotingthesharingeconomy,whichhelpsminimize wastegenerationandpromoteacirculareconomymodel.
Anothersignificanttransformationliesinthefieldof recycling.Technologicaladvancementsandimproved infrastructurehaveenabledmoreefficientrecycling processes,allowingawiderrangeofmaterialstobe recycled.Furthermore,theimplementationofsingle-stream recyclingsystemshassimplifiedtherecyclingprocessfor individualsandbusinesses,increasingparticipationrates anddivertingmorewastefromlandfills.
Inadditiontorecycling,waste-to-energytechnologieshave gainedmomentumasasustainablealternative.Through processeslikeanaerobicdigestionandgasification,organic wasteandnon-recyclablematerialscanbeconvertedinto renewableenergysources,reducingrelianceonfossilfuels andminimizinggreenhousegasemissions.
Collaborationandpartnershipshavealsoplayedapivotal roleinthetransformationofsustainablewastemanagement. InsightsSuccesstakesprideinbringingforthaplatform throughitslatestedition– Top 10 Sustainable Waste Management Companies to Watch, withprovisional stakeholdersfromvarioussectors,includingbusinesses,and communities,workingtogethertodevelopcomprehensive wastemanagementstrategies.Thiscollaborativeapproach ensuresthatexpertise,resources,andinnovativeideasare combinedtoaddressthecomplexchallengesofwaste managementeffectively
Visualiser Michael Warner
Art & Design Head
Co-designer Sonia Raizada
Art & Design Assistant
Lauren Smith
Sherin Rodricks Business Development Manager
Marketing Manager Jenny jordan
Technical Head Chris Darcy Assistant Technical Head
Edwin
Technical Consultants Logan Harper, Julie Davis
Research Analyst Helena Smith
Circulation Manager Finn Wilson
JUNE, 2023
Company
Featuring Brief Company
Featuring Brief Company
Featuring Brief
BluPlanet Recycling Inc bprecycling.ca
Devin Goss
Chief Execu ve Office
BluPlanet Recycling delivers customizable recycling, organics, & garbage systems to make waste diversion simple & easy
Ecoreco
ecoreco.com
B.K. Soni Chairman & MD
Eco Recycling Ltd (Ecoreco) is India's first and leading professional E-waste Management Company that has set industry benchmarks me and again with its innova ve & environment friendly disposal prac ces.
Flame UK flameuk.co.uk
Pam Knight
Managing Director
Flame UK is a facili es management company providing sustainable solu ons for waste, energy and water. It provides bespoke waste management and recovery strategies that enable businesses to become more sustainable and reduce costs.
TeknTrash Inc tekntrash.com
Al Costa
Founder and CEO
TeknTrash is an AI+analy cs company which developed S pra: a so ware which manages post-sales data for companies to understand consumer pa erns.
Infinite Disposal infinitedisposal.com
Jay Baker
Owner/Operator
Infinite Disposal is a local waste pickup company in Colorado Springs, servicing residen al and commercial trash and recycling.
Ecoware ecoware.co.nz
James Calver & Alex Magaraggia
Co-founders
Inspired by the principles of a circular economy, Ecoware wants food and food packaging waste to be returned to the soil with zero waste systems and sustainable prac ces, achieving diversion from landfill.
Recykal recykal.com
Abhay Deshpande
Founder & CEO
Recykal connects waste generators, waste aggregators, and waste recyclers to solve challenges like a demand-supply mismatch and lack of transparency and traceability
Waste Connec ons wasteconnec ons.com
Ron Mi elstaedt CEO
Waste Connec ons is an integrated services company that provides solid waste collec on, transfer, disposal and recycling services to local residents and businesses throughout the U.S. and Canada.
Win Waste Innova ons win-waste.com
Robert Boucher Jr President and CEO
WIN Waste Innova ons is a waste management company commi ed to delivering essen al waste management solu ons to customers and communi es supported by our team of 1,900 employees.
Stericycle stericycle.com
Cindy J. Miller President and Chief Execu ve Officer
Stericycle suite of essen al services helps our clients properly dispose of poten ally harmful medical waste, shred confiden al informa on, and protect their trusted pa ent and customer rela onships.
B.K. Soni Chairman & Managing Director Ecoreco
Ecoreco is commi ed to protec ng the environment and conserving natural resources. To ensure the highest quality of air, water, and soil, Ecoreco strongly recommend se ng up more recycling centers to reduce the n umber of medical centers.
Ecoreco Paves the Way Towards a Greener India by Impacting Ecology, Sustainability, and Circularity!
Steppingintothedigitalage,technologyhasbecome
integraltoourlives.Yet,witheachnewdevice comesanaccumulationofoutdatedonesthatareno longerfunctioning,leadingtoaninternationale-wastecrisis thatisoftendisregardedbythosewhoaredistantfromthe matter.Inactuality,manyareunawareofthemagnitudeof e-wasteproducedannuallyandhowmuchofitisdiscarded intolandfillsorincinerated,anditshazardousimpactson theenvironment.
Ecoreco aims to change it all.
Ecorecoisanindustry-leadingcompanythatisdedicatedto sustainabilityandenvironmentalprotection.Theyreclaim, process,andrecyclee-wastefromaroundtheglobeand havedevelopedaninnovativeapproachforreusingand repurposingwasteintovaluablematerials.
AsIndia’spremiere-wastemanagementcompany,theyset thestandardforresponsibledisposalpractices.Recognizing theneedforsafeandresponsiblesolutionsfore-waste management,itisareliablepartnerforallyoure-waste managementrequirements.Committedtosustainability, Ecorecostrivestogoaboveandbeyondtoprotectour planet.
Beingapioneeringforceinthequestforagreener,more sustainableworld.Ithassetablueprintforturningwaste intousableproductsandcreatingjobsthatprotectour planet.Byintroducinginnovativetechnologyandworking withthecommunity,Itisprovingthatbusinessescanhavea positiveimpactonboththeenvironmentanditspeople.
Throughthisstory,wewishtobeanimpetusforothersto takeactionsimilartoEcorecoandbecometheforcefor positivechangeintheworld.
To understand their tactics and journey, we had the pleasure of sitting with B.K. Soni and having a delightful conversation!
Ecoreco,India’spioneeringE-wasteRecyclingCompany, startedinJanuary2005andintroducedtheconceptof electronicwastemanagementinthecountry.Priortothis, informalscrapmerchantswereresponsibleforcollecting anddismantlinge-waste.
AstheonlycompanyintheWEEEindustryinIndialisted ontheBombayStockExchange,itisdedicatedto safeguardingtheenvironmentandensuringasustainable future.Moreover,theyhavebeenauthorizedbythe governmenttomanagee-wasterecyclingservicesunderthe Environment Protection Act and the E-waste Management Rules, with a missiontohelpprotectthe environmentandensureasustainablefutureforall.
ReusingandReducingareintegralpartsoflifeinIndia, wherepercapitaincomeisusuallylow Aftermultipleuses, peopleoftenselltheirdiscardeditemstoinformalwaste workersformoney.Unfortunately,becauseofalackof knowledgeoraccesstotechnology,theseinformalplayers areunabletoproperlyrecycletheseitemsandtakecareof theecologyandenvironment.ThisiswhereEcorecohas comein,introducingathirdR,Recycling,whichhasbeen missingfromtheequation.Withitsinnovativeand sustainablesolutions,itcannowensurethatthesediscarded itemsarerecycledtohelppreserveourplanet.
B.K.Soniwasluckyenoughtoparticipateinanumberof Conferences&ExhibitionsintheUSA,UK,Germany,and othercountries,whereinhehadtheopportunitytointeract withandgaininsightfromavarietyofprosperousglobal recyclerswhogenerouslysharedtheirknowledgeand expertise,evenallowinghimtovisittheirfacilities.This cumulativeknowledgeenabledthefoundingofIndia’sfirst professionale-wastemanagementcompany,Ecoreco,in Mumbai.ProudtostatethatEcorecostrictlyadherestoall legalandenvironmentalregulations-bothwithintheir facilityandwhileperformingtasksonclients’sites-they havealsointroducedseveralcost-effectiveandeco-friendly technologiesandmethodologies. This is what makes Ecoreco stand out from the rest.
B.K.SoniistheChairmanandManagingDirectorofEco RecyclingLtd(Ecoreco)andthedrivingforcebehindthe company’ssuccess.WithMr.Soni’sleadership,Ecoreco hasbecomeIndia’sleadinge-wastemanagementcompany withastrongpresenceacrossthenation.Heisfocusedon developingstrategicgrowthinitiativesandbuildinga talentedteamofprofessionals.Afterestablishingastrong B2Bsegment,Mr.Soniisnowworkingonexpandingthe B2Cmodeltoreachindividualgeneratorsofe-wasteand familiarisethemwiththebenefitsofscientificrecyclingand itsdirectbenefitonthehealthofall.
Recognizedasavisionaryandexpertin e-wastemanagement,Mr.Soniwasone ofthefirsttoidentifythepotentialofthe IndianE-wasteManagementindustryback in2005.Sincethen,hehasbeenresponsibly leadingthegrowthoftheindustryand introducingglobalbestpracticesinIndia.Asa pioneeringthoughtleaderine-wastemanagement, hisinsightsandexpertiseareoftensoughtafterby industryplayers,policymakers,regulators,and governmentfunctionaries.Mr.Soniistrulyatthe forefrontoftheIndiane-wastemanagementindustry.
HeisanesteemedCostAccountantfromTheInstituteof CostAccountantsofIndia(ICMAI).Hehasbeenactively engagedwithvariousindustryassociations,aswellaspart oftheExpertGrouponE-wasteManagementconstitutedby theMaharashtraPollutionControlBoard.Hiskeenintellect andoutstandingmoralcharacterfuelhisbeliefthatIndia canbealeaderine-wastemanagement;duetoeconomical recyclingcosts,capacityutilizationcanbemaximized.
Indiaproducesanestimated3millionM.T.ofe-wasteeach year,withthepotentialtoreach5millionMTby2025.
e believe in the principle of ‘Environment FriendlyCustomer First,’ and this is evident in the fact that clients such as MNCs, NBFCs, So ware Giants, and IT-Telecom-White Goods Producers have consistently chosen Ecoreco to provide services for the last two decades.Shashank Soni Director Eco Recycling Ltd
Ecorecorecognizestheexpanding demandsposedbythisgrowingvolume andiscommittedtoprovidingdynamic solutionstotakeadvantageoftheurban miningofnaturalresourcesfromWEEE.
Ecoreco’sState-of-the-ArtWEEERecycling Facilities
Ecoreco’sWEEERecyclingfacilityoffersa comprehensiveend-to-endprocessfore-waste.Certified bytheCentralPollutionControlBoardandauthorizedby theMaharashtraPollutionControlBoardasIndia’svery firstrecyclingCompany,thissecureproceduralguarantee, environmentalprotection,andmaximumresourcerecovery fromelectronicdevicesattheendoftheirlife.
EcorecoisamemberoftheMaterialRecyclingAssociation ofIndia(MRAI),thelargestrepresentativebodyof RecyclersinIndiawithmorethan1200Members.Mr.Soni isalsoaDirectorontheMRAIBoard.Ecoreco’sWEEE RecyclingprocessesareISO9001,14001,OHSAS18001,
Protec on Responsibility and Ci zens’ Social Responsibility as tools to transform the current prac ce of selling e-waste for monetary gain a nd spending several mes m ore on medical expenses.
27001,andR2accredited.Leveragingitsowntechnology forrecoveringpreciousmetals,Ecorecocanextract valuablematerialssuchascopper,aluminum,silver,and goldfromcomplexelectronicscraps.
Thefacilityboastsacutting-edgede-manufacturingline, integratingbothautomatedandmanualmethodsforsorting, dismantling,andshreddinge-waste.Ecoreco’sservices consistof:•DecommissioningofWEEE&Documentation •Packing&Transportation•DataDestructionoff-site• ITADServices•DataDestructiononWheelson-site•EwasteRecycling•LampRecycling•SkillDevelopment• BookMyJunkMobileApp•InstallCollectionBoxes•Set upCollectionCenters•CollectionVans•Recyclingon Wheels-SmartER•AssistingEPR,CSR&ESGObligated Corporates•Provideservicesinmorethan100Countriesto GlobalClients.
ClientsofEcorecotrustforsurethattheirenvironmental complianceanddatasecurityareinsafehands.With Ecorecoastheirpartner,clientscanberestassuredthat theirbusinessisfullycompliantandtheirreputationis
secure,providingtheassurancethattheirenvironmental requirementsanddatasecurityareinthesafestofhands. Ecoreco’suniqueDataDestructiononWheelsFacility, whichhasbeenup&runningsince2008andhaswonGold MedalfromDST,LockheedMartin&FICCIprovidesall threeservicesofDelete-Degauss-Destroyon&off-siteand provideson-the-spotproofofdestructionwithcomplete detailsofthedevicesdestroyedisavailedbyseveralBFSI, MNCs,&othersacrossthenation.
Ecoreco’s“RecyclingonWheels-SmartER”Program
Ecerecoisdedicatedtosafeguardingtheenvironmentand preservingnaturalresources.Toguaranteeasuperior qualityofair,water,andsoil,theyadvocatesettingup additionalrecyclingcenterstodecreasetheamountof waste.Theirmainfocusistorelentlesslystrivefor environmentalsustainabilityandsupportresponsible resourcemanagement.
Ecoreco has taken a giant stride in helping to achieve the desired goal of proper e-waste management with the launch
of its “Recycling on Wheels-SmartER” program. This innovative solution takes care of “Training-TransportTechnology on Board” by providing informal workers with the necessary upskilling, transport for e-waste and the ability to shred e-waste on board, as opposed to their current pollution-causing practices.
Thislatestinnovationbythemhasbeenrecommendedin theAdvisoryforE-wasteManagementissuedbytheOffice ofthePrincipalScientificAdvisor-PSA(UnderthePrime Minister’sOfficeinIndia)totheSmartCities.
Ecoreco recently received the most “Prestigious Recognition and Certification” when Prime Minister, Shri Narendra Modi, mentioned Ecoreco and its innovative mobile application BookMyJunk in his latest Mann Ki Baat (Monthly radio communication with the nation) on January 29, 2023. This is an incredible accomplishment and a testament to the hard work, dedication, and commitment of the Ecoreco team.
Thegrowthandprogressionofthee-wasterecycling industryinIndiahavebeenintrinsicallylinkedtoEcoreco, aleaderinpavingthewayforthee-wasterecycling revolution.Ensuringthesecureandsafedisposalofe-waste hasadirect,beneficialeffectontheenvironment,ecology, sustainability,andcircularity.Intoday’sworld,nocountry cancontemplateresourcesustainabilitywithoutrecycling andcircularity.Therefore,Ecorecohasbecomean indispensablepartofthee-wasterecyclingindustryinIndia andwillalwaysberememberedforinstigatingthis revolution.
In2007-08,theMaharashtraPollutionControlBoard formedanExpertGroupof7Members,withB.K.Sonias theonlyMemberrepresentingtheE-wasterecycling industryamongstGovernmentandNGOMembers.Four yearslater,theMMRDA(MahaMumbaiRegional DevelopmentAuthority)invitedbidsforthesettingupofan E-wasteRecyclingFacilityinMumbai.Ofthe17entities thattookpartinthepre-bidmeeting,Ecorecoemergedas theonlysuccessfulbidderthatsatisfiedtheTechnical criteriaofthetender
SinceApril2008,theintroductionofthefirstE-waste GuidelinesinIndiaandthesubsequentE-waste ManagementRulesfrom1stApril2023,Mr.B.K.Sonihas activelychampionedprovisionsthatbenefittheindustry
Hiscommitmenttoresponsiblee-wastedisposalhasbeen keyinadvancingsustainabilityforthefuture.
The time is near when India’s stakeholders will recognize and appreciate the revolutionary program launched by Ecoreco. This program encourages end users to dispose of their “E-waste Not for Money, but for the Environment.” To makethisprocesseasierandmoreconvenient,theyhave launchedtheBookMyJunkMobileApp,andafleetof vehiclesistravelingacrossMumbai’sroadstocollectand scientificallyshrede-wasterightattheuser’sdoorstepto avoidmisuseofdata,resaleofdevices,devicesofarm forces,TaxAuthorities,safeguardingproprietory technologiesetc. JoinusaswestrivetomakeIndia’s environmenthealthierandgreener
Inthesamewaythatotherindustriesrequiresafety measures,thewastemanagementandrecyclingsectorisno different.Recyclingisanindustryandneedstobetreatedas such.Thus,relevantsafetyguidelinesmustbeadheredto.
Thisincludesensuringefficient,safe,andsecurerecycling processes,safetyequipment,healthinsurance,acleanand safeenvironment,protectedmachinery,regularrepairsand maintenance,subjectmattertraining,mockdrills,fire fightingtraining,andfirstaidassistance.Theseprecautions guaranteethattherecyclingprocessesareeffective,safe, andsecure.
Four major challenges have been and will continue to be present in this industry for years to come. He calls them the 4Ls – Legislation, Liability, Logistics, and Liquidity
1. EnforcingstricteradherencetotheLegislationand Rulesamongthe1.4billionpeopleinthecountryisnot asimpletask.Businesses,producers,andotherend usersareexpectedtocomplywiththesestandards.
2. TheprimaryliabilityofcollectingandrecyclingewastefallstoproducersundertheExtendedProducer Responsibility(EPR)regime.Despitethis, environmentalandecologicalconcernsremaindueto theongoinginformalactivity.
3. Logisticcosts,includingthose forrecycling,areasignificant factorintheoverallcostsof recycling,makingitdifficultfor developedcountriestorecyclelowvalueitemsandfordeveloping countriestoformalizee-waste management.Thisisthemajorreasonwhy thesituationremainschallenging.
4. Liquidity(Investmentreadiness)inthesector isstillnotviewedasanecessityintermsof societalandenvironmentalresponsibility
Throughtheircommitmenttoinnovation,theyhave developedthemostsuitableandefficienttechniquesand technologiestoprovideaffordablelocalsolutionsforboth individualsandbusinesses.Theirtailoredsolutionsare designedtoensurepeoplegetthemostvaluefromtheir e-wastewhilealsohelpingtosafeguardtheenvironment. WiththeircommitmenttorevolutionizingIndia’srecycling industry,theyareworkinghardtomakesureeveryonehas theopportunitytocontributetoagreenerfuture.
Eco Recycling Ltd (Ecoreco) is India’s first and leading professional E-waste Management Company that has set industry benchmarks me and again with its innova ve & environment-friendly disposal prac ces.
Withtheirunwaveringcommitmenttoraisingawareness andmakingapositiveimpactintheirindustry,theyhave investedheavilyinAwarenessCumActionDrives, includingtheinstallationofEco-Bins,CollectionCenters, andTalkShows.Asaresultoftheirefforts,theindustryhas experiencedahigherlevelofunderstandingandagreater commitmenttosustainability Theirdedicationandhard workhaveensuredthattheirindustrycontinuestoprioritize sustainabilityandenvironmentalwell-being.
They treat EPR (Environment Protection Responsibility) and CSR (Citizens’Social Responsibility) as tools to transform the current practice of selling e-waste for monetary gain and spending several times more on medical expenses. Byencouragingresponsibledisposalofe-waste, theystrivetoreduceenvironmentaldamageandcreatea healthiersociety.Thisisasustainableapproachthathasnot onlyapositiveimpactontheenvironmentbutalsobenefits citizensandbusinessesalike.
Ecorecowassetupwiththemissiontodeliveronthesocial andenvironmentaldutiesofitscustomers.Their ‘EnvironmentFriendly-CustomerFirst’mentalityiswhat hasallowedthemtobesuccessfulforthelasttwodecades, withclientsrangingfromMNCs,NBFCs,SoftwareGiants, andIT-Telecom-WhiteGoodsProducerschoosingthemfor theirservices.Thiscoreprincipleisthedrivingforce behindEcoreco’sexistence.
Ifreadersbroadentheirvisiontolookbeyondcustomerspecificcompliances,theywillagreethattheroleofthe WasteManagementandRecyclingIndustryiscurrentlythe mostsignificant,notonlyforsafeguardingourenvironment fromun-environmentallyfriendlyhazardouswastehandling butalsoforrecyclingandreplenishingotherwisedepleting naturalresourcesforacleanerandgreenerclimateand sustainablefuture.
Ecorecoandits100%subsidiary,EcorecoEnviroEducation PvtLtd,arecommittedtotwoimportantCSRprojectsin India- Waste Management and Skill Development. ThroughtheirpartnershipwiththeNationalSkill DevelopmentCorporation,GovernmentofIndia,they providecomprehensiveSkillDevelopmentCoursesto InformalWasteWorkersandAspirantswhoseegreat
The me is near when India’s stakeholders will recognize and appreciate the revolu onary program launched by Ecoreco. This program encourages end users to dispose of their “E-waste Not for Money, but for the Environment.
potentialforacareerintheWasteManagement& RecyclingIndustry.Thesecoursesaredesignedtogive participantsthebestpossibletrainingandeducationinthese fields.
SoniisconvincedthatuntilWasteWorkers(domain experts)understandtheirobligationstoHealth-SafetyEnvironmentandhowtoaddresstheseissues,therewillbe nosignificantchangeinIndia’sWasteManagementandthe pollutionitcauses.Ecorecosuggestsitsclientstodedicate someoftheirCorporateSocialResponsibility(CSR)funds forwastemanagement&upskilling,overandaboveits typicalprofitmakinginvestmentsinHealthandEducation. Bydoingso,theycanmakesurethattheWasteWorkers havetheresourcesrequiredforabrighterandcleaner future.
ThejourneyofE-wasteRecyclingbeganwiththebirthof EcorecoinIndia,andsincethen,theyhaveintroduced severalinnovationsthathavekeptupwiththeevolutionof theE-wasteManagementindustry.Inaddition,manyof theseinnovationshavebeenadoptedbytheircompetitors.
Forthepast18years,Ecorecohasremainedattheforefront ofenvironmentalresponsibility,providingreliableand dependableservicesthatmeettheever-evolvingneedsofits clients.Theircommitmenttoexcellencehasenabledthem tocontinuallyexceedexpectations.Theytakeprideinthe trusttheirclientsplaceinthem.
The“JunkSeJung”campaign,partofBookMyJunk’s5yearplan,seekstotransformMoneyConsciousE-waste SellersintoEnvironmentConsciousE-wasteWarriorsby 2028.Toassistthismission,afreemobileapp(availablefor iOSandAndroid)andwebsite,www.bookmyjunk.com,has beencreatedtoenablecitizensandbusinessestoregister andgete-wastecollectedfromtheirdoorstepandthattoo freeofcharge.
BookMyJunk aims to support 5 million Environment Conscious E-waste Warriors every year through its mobile app and 100 “Recycling on Wheels-SmartER” Facilities. These facilities have been recommended for implementation by the Office of the Principal Scientific Advisor (PSA) to the Smart Cities of India and have been tested, trusted and foud to be trouble-free.
Ecorecohasafleetoftrucksandcontainers,inadditionto partnershipswithtoplogisticscompaniestosupportits missionofreturningrawmaterialstoindustrieswithout furtherdepletionofmines.Thispowerfulreverselogistics systemwillencouragetheformalrecyclingofe-waste,thus makingthemconfidentthatthismechanismwillstop informalandhazardousdisposal,protectinghumanhealth andtheenvironment.
Hence,itiscommittedtoexpandingitscollectionpoints spreadovertothenationinanorganizedfashion.Tomeet EPRobligations,itprovidesathree-tierarchitecturewith last-milecollectionpoints,city-leveldismantlingcenters andnational-levelrecyclingcenters.AsthefirstIndian company,theyareaimingtocreateaunifiedreverse logisticsnetworktoensuretheefficientcollectionofewastefromendconsumersnationwide.
HandoverofDataDevices,suchasHardDrives,Media tapes,Flashdrives,etc.,isamajorchallengeforany organizationwhendisposingI.T.Equipment.TheseData Devicescontainconfidentialinformationofthecompany, itsclients,andpersonal/secretinformationofstaff,thus requiringthecompletesanitizationordestructionofalldata beforehandingover
Thus,theirworld-classservicesofdatadeletion, degaussing,anddestructionhelpclientseliminatefear,meet theirdatasecuritypolicies,andprovidetailoredsolutions fordatadestruction.Utilizingtheirinnovativeonsitemobile shreddingfacility,clientscanbesurethattheirconfidential dataisdestroyed100%andthattheyaresafeguarded againstdataleakage.Inthisway,theircomprehensive servicesofdatadestructionofferclientspeaceofmind, safeguardsthemfrompayingmillionsofdollarsaspenalty andassursthattheirdataiscompletelydestroyedand beyondrecovery.
Ecorecodevelopscustomizede-wastecollection& recyclingsystemsincorporatingAwarenessDrives, Evidence-BasedCollection,MobileAppforseamlessorder forcollection,CollectionBoxes,DoortoDoorCollection Vans,etc.,thatstriketheidealbalancebetweencost, convenience,andcompliance.Itsincrediblyeffectivetake-
backandrecyclingprogram,whichisadaptedtothe demandsandspecificationsofvariousproducersand manufacturers,guaranteestheappropriatehandlingofendof-lifeelectronicdevices.Theycontributetothe developmentoftheideale-wasterecyclingprogramusing theirskillsandknowledge.
Furthermore,therecyclinganddisposalmethodsusedby themaimtoprotecttheenvironmentandpublichealthfrom anypotentialproblemsresultingfrompoore-waste management.Hence,theyassisttheirclientsinmaintaining theirpositionatthetopandachievingexcellencethrough theircutting-edgee-wasterecyclingfacilityandprocedures thatadheretointernationalenvironmentalstandards,their CSR,EPR&ESGinitiatives.
Providingexcellentservicestotelecom,I.T.,medical equipmentmanufacturers,theBFSIsegment,thesoftware industry’sleadingcompaniesandmore,theyareactively presentinover100countriesviatheirreliablerecycling partners.Thesepartnersarefullycompliantwithlocal regulationsandworktowardshelpingtheircustomersattain theirsustainabilityobjectiveswhileminimizingtheir environmentalimpact.Throughtheirworldwidepresence andqualityservice,theyaredevotedtomakingtheplaneta betterplace.
WiththestricterimplementationoftheEPRRegimein India,thedemandofE-wasteRecyclingServicesinIndiais
growingveryrapidly.Ecorecoisenhancinginfrastructure, advancedtechnologiesforITAD,DataDestruction, Recycling,Refining,ReverseLogisticandAutomationto accommodatethegrowingexpectationsofitscurrentand newclients.
EcorecoisopentodiscusswithglobalRecycling&ITAD CompaniesforJointVenture&StrategicInvestorstoraise fundsforbothorganic&inorganicgrowthtoparticipatein this$4billionindustryinIndia,havingpotentialtogrow farrapidlybecauseofincrementaldemandofdigital devicesanddigitisationintheWorld’sfastestgrowing economy
Ÿ TheonlyE-wasteRecyclingCompanytowinaGold MedalfromtheDepartmentofScience& FICCI,LockheedMartin,USA.
Ÿ TheonlyE-wasteRecyclingCompanytowinthe prestigiousBusinessPlanawardfromCII/NVI/
st Ÿ The1 E-wasteRecyclingCompanytowinthe EnvironmentandCleanEnergy Sankalp.
st Ÿ The1 E-wasteRecyclingCompanytowintheNiche MarketPlayerAwardfromFrost&Sullivan.
Ÿ AwardforthebestE-wasteRecyclingCompany
Thereisaruleofnature,‘What comesfromtheearthgoes backtotheearth.’Mother earth—encompassingeverylivingand non-livingthing—functionsonthis principle.Shecreateslifeand consumesittoo.Butonethingthatthe earthcan’tconsumeisplastic–the humaninventionthatischangingthe biologicalbalanceoftheearth.
Fromaplasticcuptofoodpackaging, everythingisplastic,andunfortunately, mostofitisnon-degradable.Hence,it isessentialtoreducetheplasticusage forasustainablefuture.
Thisnecessityledtotheriseof eco-friendlyproductcompanieswhich
offeralternativesfortheplastic products.Oneoftheleadingnamesin thatlistisEcoware,whichprovides sustainableplant-basedfoodand beveragepackagingsolutionsthatare affordableandsuperiorinquality
Adecadeago,AlexMagaraggiaand JamesCalvertwoyoung entrepreneurscommencedonajourney byfoundingEcoware–adynamicand innovativepackagingbrandthatis purposelead.
“Weareonamissiontochangethe waytheworldviewspackagingby removingvirginplasticsfromsupply
chainsandreducingwastetolandfill. Wehavedonethisbyusingtheworld’s mostinnovativeplant-basedraw materials,todesignanddevelop elegant,lowemissionpackagingthatis designedtobecomposted post-consumeruse.”
Beingfirsttomarket,some11-12years backwithadvancedrawmaterial technologythatchallengedthe well-establishedplasticindustrywas bynomeansasmalltaskforthe co-founders.
AlexandJames,withasmallteam aroundthem,spentyearsknockingon doorsexplainingtoprospectsthatthis wasindeedthefutureoftheindustry.
Theywerelaughedoutofboardrooms, toldto‘getreal’andmoreimportantly said‘NO’,forthefirstfiveorsoyears.
Itwasachallengingtaskforthe co-founders.TheyviewedNoasYES, sotheykeptturningupandrefining theirproductandbrand.Ittook approximatelyfiveyearsforthetideto turn,andthen,itwasonlyforward. Ecowarewentfromonlycertified compostablehotcupsandlids,to havingacomprehensiverangeusinga handfulofdifferentcertifiedraw materials.
Ecowarenowhasover500SKU’sand providesanenvironmentalsolutionfor anytakeaway(foodandbeverage) environment.Itsrangeenablesthe clientstomaketheircustomersproud. “It’snotjustthepackagingthatthe clientschange,it’stheirfullbrand
storyandtheirmarketing strategy–afterall,sustainabilityis nowingrainedineverycorporate decisionmovingforward,”the co-foundersexpressed.
Thepastcoupleofyearshaveseen exponentialgrowthandashiftof attentiontowardsaglobal market–Ecowarebelievesthatits brandandproductofferingshouldand willberecognizedasatrueglobal leaderintheyearstocome.The company’sproductsarecurrently availablein12+countries.Ithassome excitingprojectsthatwillbedeployed in2022totargetglobalgrowth.
AlexandJameswerekeenonusingthe technologytoembracethewayin whichthebusinesscanbeapproached.
Havingamutualunderstanding,they thoughtinsteadofthinking,letshire anotherpersontoimplement technologyandsystems.Every companyintoday’sclimateshouldbe ataminimuminvestingof$1in technology,forevery$1theyinvestin people.“It’swhatwebelieveis requiredtoremaincompetitive,and moreimportantlybecomemore efficientatalowercost,”saidJames.
Greenindustryisyettobecompletely disruptedbyAI,butitcanplaya crucialroleinnearfuture.Theduois oftheopinionthatiftheycanteach theirstafftothinkthisway,theycan haveaverypowerfulofferingmoving intothenextdecadeasreal opportunitiesstarttopresent themselvesasthemarketmatures.
We are on a mission to change the way the world views packaging by removing virgin plastics from supply chains and reducing waste to landfill.AlexMagaraggia Co-founder
Thereisafamousquoteinbusiness world,“expecttheunexpected.”That said,theunexpectedcontinuesto developandthechallengesonewould neverdreamaboutcontinuetopress companiesglobally.Keepingthisin mind,problemscanalsobeviewedas opportunities–andthatisthewaythe duoviewproblemsatEcoware.
Whatistheopportunityofsolvingthis problem?Thereisnoonedenyingthe factthatglobalsupplychainisunder seriousandrealcostanddelivery pressure.Ecowarewasnoexceptionto this.Throughoutthepast18months, thecompanyhasbeenhitwithglobal seafreightsincreasingover500%, alongwithdelayandmissed connections.
Jamessaid,“Itisessentialasaleader duringtimeslikethis,youputyourself inyourcustomersshoes–whenyou do,yourealizethatcustomersareyour numberonepriority Wehavedone everythingwecan,sacrificingprofitsto putpeoplefirst.”Hebelievesthatwhen thepandemicwillcometoanend, Ecowarewillbesomewhatmorefuture proofed.
WhileEcowareservicesover4000+ domesticcustomersandhavereplaced approximately1.4billionunitswith lowemission,sustainablesolutionsin NZ,intheupcomingyears,the companyislookingattheglobefor expansion.“Wewillcontinuetogrow ourglobalterritoriesthatwecurrently operatebothorganicallyastheworld
cravessustainablesolutions,andalso withsomeinvestmentintothose countriesthatarealreadytakingoff,” explainedJames.
Havingdoneextensivemarketresearch withthethirdpartygovtassistance, teamEcowareisfocusedontheNorth AmericanandtheEuropeanmarketsas keygrowthareas.Intheworldthatis movingandchangingrapidly, innovationisthecatalysttogrowth.
Ecoware’sgrowthstrategywillbe continuousdevelopmentand deploymentofuniqueandspecialized compostablefoodpackagingbeing broughttomarket.“Thereisnosuch thingasfinished,orstandingstill,one mustkeepmovingandmovingbecause thebestisyettocome!”saysthe leadershipteam.
Inourmodernworld,themanagementofwastehasbecomea criticalissuethatdemandsimmediateattention.Withrapid populationgrowthandincreasingindustrialization,the generationofwastehasreachedunprecedentedlevels.The improperhandlinganddisposalofwastecanleadtosevere environmentalandhealthconsequences.However,byadopting sustainablewastemanagementpractices,wecanpavetheway towardsagreenerandmoresustainablefuture.
Further, we’ll explore the importance of sustainable waste management and its positive impact on the environment, public health, and the economy!
Oneoftheprimaryreasonswhysustainablewastemanagement iscrucialisitscontributiontoenvironmentalconservationand preservation.Improperwastedisposalmethods,suchas landfillingandincineration,releaseharmfulsubstancesintothe air,soil,andwater,leadingtopollutionanddegradationof naturalresources.Byimplementingsustainablewaste managementtechniqueslikerecycling,composting,andwaste reduction,wecanminimizethenegativeenvironmentalimpact ofwasteandpreserveourpreciousecosystems.
Recyclingplaysavitalroleinsustainablewastemanagement.It involvesthecollection,sorting,andprocessingofrecyclable materials,suchaspaper,plastic,glass,andmetal,toproducenew products.Byrecycling,wereducethedemandforrawmaterials,
conserveenergy,anddecreasegreenhousegasemissions associatedwiththeproductionofnewgoods.Additionally, recyclinghelpsinreducingtheamountofwastesentto landfills,therebyextendingtheirlifespanandreducingthe needforadditionallandforwastedisposal.
Compostingisanotheressentialaspectofsustainablewaste management.Organicwaste,suchasfoodscrapsandyard trimmings,canbeconvertedintonutrient-richcompost throughthenaturaldecompositionprocess.Compostserves asavaluablesoilamendment,enrichingsoilfertility, improvingwaterretention,andreducingtheneedfor chemicalfertilizers.Bydivertingorganicwastefrom landfillsandpromotingcomposting,wenotonlyreduce methaneemissionsbutalsopromotehealthierandmore sustainableagriculturalpractices.
Sustainablewastemanagementdirectlyaffectspublichealth andsafety.Improperhandlinganddisposalofwastecan leadtothespreadofdiseases,contaminationofwater sources,andthereleaseofhazardoussubstancesintothe environment.Byimplementingsustainablewaste managementpractices,wecanmitigatetheserisksand protectthewell-beingofcommunities.
Oneofthekeyelementsofsustainablewastemanagement isproperwastesegregation.Byseparatingdifferenttypesof wasteatthesource,suchasrecyclables,organicwaste,and hazardousmaterials,wecanensurethateachtypeis appropriatelyhandledandtreated.Thispreventscrosscontamination,reducestheriskofaccidentsandspills,and enableseffectiverecyclinganddisposalprocesses.
Moreover,sustainablewastemanagementpractices,suchas landfilldesignandoperation,helpminimizethepotential forgroundwatercontamination.Landfillsengineeredwith protectivelinersandleachatecollectionsystemsprevent harmfulsubstancesfromseepingintothesoilandpolluting groundwatersources.Bysafeguardingourwaterresources, wecanmaintainpublichealthandensuretheavailabilityof cleandrinkingwaterforfuturegenerations.
Implementingsustainablewastemanagementpracticesalso bringsaboutsignificanteconomicbenefitsandpromotes resourceefficiency.Traditionalwastemanagement methods,suchaslandfillingandincineration,areoften
expensiveandresource-intensive.Incontrast,sustainable wastemanagementapproachesoffermorecost-effective andefficientsolutions.
Recycling,forinstance,createseconomicopportunitiesby generatingjobsinthecollection,sorting,andprocessingof recyclablematerials.Italsostimulatesthegrowthof recyclingindustriesandencouragesinnovationinwaste managementtechnologies.Byembracingrecycling, communitiescanreducewastemanagementcostsand divertvaluablematerialsfromlandfills,thuspreserving naturalresourcesandreducingtheneedforcostly extractionandproductionprocesses.
Additionally,sustainablewastemanagementpracticeshelp inconservingenergyandreducecarbonemissions. Recyclingandwaste-to-energytechnologies,suchas anaerobicdigestionandwaste-to-energyincineration, harnesstheenergypotentialofwastematerials.By convertingorganicwasteintobiogasorgenerating electricityfromthecombustionofnon-recyclablewaste,we canreducerelianceonfossilfuelsandcontributetoamore sustainableenergymix.Thisnotonlyhelpscombatclimate changebutalsocreatesopportunitiesforrenewableenergy productionandreducesgreenhousegasemissions.
Sustainablewastemanagementpromotesresource efficiencybyencouragingwastereductionandreuse.By implementingwastepreventionstrategies,suchas promotingreusableproducts,encouragingpackaging redesign,andsupportingthesharingeconomy,wecan minimizethegenerationofwasteatitssource.Thisnot onlyconservesnaturalresourcesbutalsoreducesthe environmentalimpactassociatedwiththeextraction, manufacturing,andtransportationofnewgoods.
Educationandawarenessplayapivotalroleindriving sustainablewastemanagementpractices.Bypromoting environmentalliteracyandraisingawarenessaboutthe importanceofwastereduction,recycling,andproper disposal,wecanempowerindividualsandcommunitiesto makeinformeddecisionsandtakeresponsibleactions.
Educationalcampaignscantargetdifferentaudiences,from schoolsandhouseholdstobusinessesandindustries, highlightingthebenefitsandpracticalitiesofsustainable wastemanagement.Providinginformationonrecycling programs,compostingtechniques,andhazardouswaste
disposaloptionscanhelpindividualsunderstandtheirrolein wastemanagementandinspirethemtoadopteco-friendly practices.
Moreover,incorporatingwastemanagementeducationinto schoolcurriculacaninstillenvironmentalconsciousnessin futuregenerations.Byteachingchildrenaboutthe environmentalimpactofwasteandtheimportanceof sustainablepractices,wecancultivateacultureof responsiblewastemanagementfromanearlyage.
Toachieveagreenerfuturethroughsustainablewaste management,itisessentialforgovernmentstoenact supportivepoliciesandregulations.Governmentscan incentivizerecyclingandcompostinginitiatives,promote extendedproducerresponsibility,andimplementwaste reductiontargets.Byprovidingfinancialincentives,tax benefits,andgrants,governmentscanencouragebusinesses andindustriestoinvestinsustainablewastemanagement infrastructureandtechnologies.
Collaborativeeffortsbetweengovernment,industry,and civilsocietyarealsocrucial.Partnershipsandcollaborations canfosterinnovation,knowledgesharing,andresource pooling,leadingtomoreeffectiveandefficientwaste managementsystems.Engagingstakeholdersfromdifferent sectorscangeneratecreativesolutions,addresschallenges, andensuretheimplementationofcomprehensivewaste managementstrategies.
Theimportanceofsustainablewastemanagementcannotbe overstated.Itoffersnumerousbenefits,including environmentalconservation,publichealthandsafety, economicadvantages,resourceefficiency,andthepromotion ofeducationandawareness.Byadoptingsustainablewaste managementpracticesatindividual,community,and governmentallevels,wecanpavethewaytowardagreener future.Itiscrucialthatweprioritizetheimplementationof sustainablewastemanagementstrategiestosafeguardour environment,protectpublichealth,andcreateasustainable andprosperoussocietyforgenerationstocome.
-P.D.Bombarde
Asourplanetfacesincreasing
environmentalchallenges,moreand morebusinessesarerealizingthe importanceofadoptingsustainable practices.Theshifttowards sustainabilityisnotjustatrendbuta necessityforthesurvivalofourplanetandfuture generations.Companiesacrossindustriesarelookingfor innovativesolutionstominimizetheirenvironmental impactandcreateamoresustainablefuture.
LeadingthechargeinthisinitiativeisFlameUK,atop-tier facilitiesmanagementfirmthatspecializesinsustainable waste,energy,andwatersolutions.Throughtheir customizedwastemanagementandrecoveryapproaches, theyequipenterpriseswiththetoolstoadoptsustainability practicesandsaveonexpenses.
AtthehelmofFlameUKisthedynamicandvisionary ManagingDirector,PamKnight.Underherleadership, FlameUKhasbecomeatrailblazerinthefield,offering comprehensiveservicesthatenablebusinessestoachieve theircarbonneutralitygoals.
FlameUKstandsoutfromthecompetitionduetoits exceptionalabilitytodesigncustomizedwastemanagement systemsthatnotonlydecreasecarbonemissionsbutalso increaseresourcerecovery.Byutilizingstate-of-the-art technology,theyoptimizewastecollectionsandidentifythe mosteffectivedisposalmethods,resultinginasubstantial decreaseinenvironmentalimpact.Theirareaofexpertiseis servingintricateandmulti-facetedbusinessesby streamliningtheirsystemswithaunifiedapproach.With FlameUKastheirpartner,businessescanbenefitfrom havingasolitarysupplier,adedicatedaccountmanager,and streamlinedinvoicing.Thissimplifiedprocessnotonly
makesoperationsmoreefficientbutalsoenhancescosteffectivenessandaccountability
FlameUK’spioneeringapproachtowastemanagementand sustainabilityisrevolutionizingtheindustry,settinganew standardforbusinessesacrosstheboard.
Join us as we explore the intricate process of managing waste at Flame UK!
Pleasegiveusabriefdescriptionofyourcompany,its objectives,andthemostimportantfactorscontributing toitssuccess.
FlameUKprovidesbusinessesthroughouttheUKwith sustainablewasteandenergysolutions.Asacarbon-neutral businessourselves,weaimtosupportourcustomerson theirownjourneystobecomemoresustainable.Established in2015,FlameUKhasgonefromstrengthtostrength, achievingsignificantgrowthandsecuringcontractswith largenationalclients,securingourpositionasoneofthe keyplayersinthewastemanagementsector
Kindlybriefaboutyourselfandyourmotivational journeyuntilyourcurrentdesignationatyour company?
Mymainmotivationwassetuptocreateasustainable futureformythreesons.Iwantedtocreateabusiness wheretheycouldparticipate,grow,develop,andsucceedif theychoseto.Withmybankingbackground,expertisein thewastesector,andpersonalguarantees,Iworkedhardto buildsuppliercreditovertheyears.Thisletsuswinand delivermultiplenationalcontracts.We’reafamily-run business,sofamilyvaluesareattheheartofhowwe operateasabusiness,alongwithhowwesupportandbuild relationshipswithourclients.
Whatisthespecialtyofyouruniqueofferings,andhow doesitcontributetomaintainingthecompany’s excellentpositionintheindustry?
Ouruniquepositionasawastebrokerallowsustoprovide bespokeservicestailoredtofiteverycustomer’sindividual needs.We’llworkwithournetworkofapprovedsuppliers tocreateapersonalizedwastemanagementplantoensure wecancreateasustainablesolutionforeverywastestream.
WearealsooneofthefirstwastebrokersintheUKto provideacarbon-neutralwastecollectionservice,helping ourcustomerstoachievetheirambitionsofbecomingmore sustainablethemselves.
Whatisyourcompany’sapproachtosustainabilityin wastemanagement,andhowdoyouensurecompliance withlocalandstateregulationsonwastemanagement?
AtFlameUK,webelievethere’sarecoveryrouteforevery wastestream.Weoperateonazero-to-landfillapproachto ensureasmuchwasteaspossibleisdivertedfromlandfill. We’reincrediblyproudtohavebeenabletofinddifferent recoveryroutesforwastestreamsthatareoftenviewedas ‘unrecyclable.’Thisincludesarangeofmaterialsfromused disposablevapestofoodwaste.Weknowthatresourcesare
limited,sowefeelaresponsibilitytodowhatwecanto discovernewrecoveryroutesforwasteandprotectthe resourceswealreadyhave.
Weprovideallourcustomerswithahighlevelofwaste reporting,allowingthemtoseeexactlywheretheirwasteis disposedofandhelpingthemtoensurethey’recompliant withallenvironmentallegislation.Asafullylicensedwaste carrier,we’llworkwithourcustomerstoensuretheirwaste isdealtwithcorrectlyandsafely
Howdoyoumeasurethesuccessofyoursustainable wastemanagementinitiatives?
Asabusiness,we’reconstantlyevaluatinghowwecan improveoursustainablewastemanagementinitiatives. We’retrackingthecarbonfootprintofaround90%ofour wastecollections.Thisenablesustoidentifykeyareasof improvementandhelpswithmakingcollectionsevenmore sustainable.
Onapersonallevel,we’retrackingourcarbonfootprintas abusiness,too,notjustouroperations.Wehadourcarbon emissionscalculatedbyNottinghamTrentUniversityand, fromthis,wereabletomakethenecessarychangesto becomeacarbon-neutralbusiness.We’reworkingona
roadmaptolookathowourbusinesscanbecomemore sustainablethroughbothourbusinessoperationsandour wastemanagementinitiatives.
Whateffortshaveyoumadetoeducateyourcustomers andemployeesabouttheimportanceofsustainable wastemanagement?
OneofFlameUK’scurrentprojectsisFlameSustain.This guideissettohelpbusinessesbecomemoresustainable throughtheirwastemanagement.Illustratingaroadmapto showcaseourjourneytosustainability,coveringnumerous objectiveswehavesetourselvestofurtheroureffortsto sustainability
Webelieveoneofthebestthingswecandoasasustainable businessistoeducateouremployeesoneverything sustainability.Ifwecancontinuetoinvestinandeducate ouremployees,they’reinabetterpositiontohelpour customerswiththeirsustainabilityjourneys.Ourstaffis constantlytakingpartincarbonmanagementand sustainabilitycourses.Trainingfornewermembersofstaff isalsoprovidedaspartoftheirinductiontohelpdevelop theirknowledge.Themoretheyknow,themoretheycan helpthebusinessesweworkwith.
Asaninventiveleader,whatadvicewouldyougiveto othercompanieslookingtoimplementsustainablewaste managementpractices?
Thebestadvicewecouldgivetootherbusinessesisto makeastart.There’sacommonmisconceptionthat sustainabilityisabigscaryjourney,buttherearesomany smallthingsyoucanimplementtomakeyourwaste managementmoresustainable.Itcanbeassmallasputting acompostbininyourofficekitchenforfoodwaste.Once
you’vegottheballrolling,itbecomeseveneasierto becomemoresustainablewithyourwaste.Takealookatall yourdifferentwastestreamsandidentifyallthechanges youcouldimplement.Onceyou’vegotsightofthebigger picture,makingyourbusinessmoresustainablewillno longerseemlikeadauntingtask.
Howtoenvisionscalingyourorganization’sservicesand operationsin2023andbeyond?
Goingforward,we’reaimingtoexpandournetworkof approvedsupplierstocoverevenmorewastestreams.This helpsustomakesurethatwecanhandleanywastestream ourcustomersmightcomeintocontactwith.Webelieve there’sarecoveryrouteoutthereforanyandeverywaste material,andfindingtheseiscrucialforthefutureofthe planet.
Pleasegiveusafewtestimonialsfromyourclientsand awardsorrecognitionthataccuratelyhighlightyour achievementsinthissector.
RichardFord–GeneralManageratBarIberico:“Flame UKfoundareallyaffordablewaytochangeourfoodwaste intobiofuelbyhavingseparatefoodwastebins.Nowfrom preptoplate,allourfoodwastegoesintoseparatebinsand isthenprocessedbyFlameUK.It’sgreatforustobecome moresustainableandseeourfoodwastenotgotolandfill. It’shelpedusbyreducingourgeneralwastecosts”.Since beginningtoworkwithBarIbericoinJanuary2023,we’ve beenabletodivert6.4tonnesoffoodwastefromlandfill.
https://flameuk.co.uk/case-study/bar-iberico/
LawranceAllen–HeadofOperationsatMagnetExpert: “Wewanttobeasgreenaspossibleanddidn’tlikethefact thatweweren’trecycling.Nowweknowthateverything whichcanberecycledisbeingrecycled.That’sthebiggest benefit.ThegreatthingaboutFlameUKisthattheteam canhandleeverything.Ourrelationshipisbasedon knowledgeandtrust,arealsenseofcareinwhatFlameUK does”.https://flameuk.co.uk/case-study/magnet-expert/
FlameUKranked22ndinTechRound’sSustainability60, lookingatthetop60mostinnovativesustainability companiesacrossEurope.
https://techround.co.uk/sustainable-tech/22-flame-uk/
CurrentlysponsoringtheSustainabilityAwardatthe MidlandsFamilyBusinessAwards2023.
Flame UK is leading the charge in revolu onizing waste management with our sustainable solu ons. We believe that businesses can achieve their carbon neutrality goals while saving on expenses.
Wastemanagementisacollective
responsibilitythatinvolvestheactive participationofindividualsandbusinesses. Intoday'sworld,wherewastegenerationis atanall-timehigh,itiscrucialfor individualsandbusinessestoplayaproactiveroleinmanaging wasteinasustainablemanner
This article further explores the significance of individuals and businesses in waste management and how their actions can contribute to a sustainable future!
Individualshaveavitalroletoplayinwastemanagement.Small actionstakenbyeachpersoncancollectivelymakeasignificant impactonreducingwastegenerationandpromotingsustainable practices.
Firstandforemost,individualscanadoptthepracticeofwaste reduction.Bybeingconsciousoftheirconsumptionpatterns, individualscanmakeinformedchoicestominimizewaste generation.Thiscanbeachievedthroughactionssuchas avoidingsingle-useitems,optingforproductswithminimal packaging,andembracingreusablealternatives.Additionally, individualscancontributetowastereductionbyrepairingand repurposingitemsinsteadofimmediatelydiscardingthem.
Properwastesegregationisanothercrucialaspectofindividual responsibility.Byseparatingthewasteintodifferentcategories, suchasrecyclables,organicwaste,andnon-recyclables, individualscanfacilitatetherecyclingprocessandprevent contaminationofrecyclablematerials.Educationandawareness campaignscanplayasignificantroleinpromotingproperwaste segregationamongindividuals.
Furthermore,individualscanactivelyparticipateinrecycling programs.Byrecyclingmaterialssuchaspaper,plastic,glass, andmetal,individualscontributetotheconservationof resourcesandthereductionofwastesenttolandfills.Itis essentialforindividualstounderstandtheirlocalrecycling guidelinesandensurethattheycorrectlysortandprepare recyclablematerialsforcollection.
Businesseshaveacrucialroletoplayinwastemanagementdue totheirsignificantimpactonwastegeneration.Throughthe implementationofsustainablewastemanagementpractices, businessescanreducetheirenvironmentalfootprintand contributetoasustainablefuture.
Oneofthekeyareaswherebusinessescanmakea differenceisinpackaging.Byadoptingeco-friendly packagingsolutions,businessescanminimizewaste generationandreducetheuseofnon-recyclablematerials. Thiscaninvolveusingrecyclableorbiodegradable packagingmaterialsanddesigningpackagingthatiseasily recyclable.Additionally,businessescanexploreoptions suchasbulkpackagingorrefillablecontainerstoreduce packagingwaste.
Anotheraspectofsustainablewastemanagementfor businessesiswastereductionintheiroperations.By implementingpracticessuchasinventorymanagement, efficientproductionprocesses,andminimizingproduct waste,businessescanreducetheoverallwastegeneratedin theirday-to-dayoperations.Thisnotonlyhelpsthe environmentbutalsoimprovesoperationalefficiencyand reducescosts.
Businessescanalsoplayasignificantroleinrecyclingby establishingpartnershipswithrecyclingcompaniesor implementingin-houserecyclingprograms.Byproviding employeeswithdesignatedrecyclingbins,educatingthem onproperwastesegregation,andensuringthecollection andrecyclingofrecyclablematerials,businessescanmake atangibleimpactonwastereductionandresource conservation.
Bothindividualsandbusinesseshavetheopportunityto contributetowastemanagementinnovationbyembracing newtechnologiesandpractices.
Individualscanactivelyseekoutinnovativesolutionssuch ascompostingsystemsfororganicwasteorinvestingin householdrecyclingtechnologies.Bystayinginformed aboutadvancementsinwastemanagement,individualscan adoptnewpracticesthatalignwithsustainabilitygoalsand helpcreateamorecirculareconomy.
Businesses,ontheotherhand,caninvestinresearchand developmenttodiscoverinnovativewastemanagement technologies.Thiscaninvolveexploringwaste-to-energy conversiontechnologies,suchasanaerobicdigestionor gasification,whichcanhelpgenerateenergyfromorganic wasteornon-recyclablematerials.Additionally,businesses cansupportthedevelopmentofnewrecyclingtechnologies thatcanhandlecomplexorhard-to-recyclematerials, therebyexpandingthepossibilitiesforwastediversionand resourcerecovery
Collaborationandpartnershipsbetweenindividuals, businesses,andgovernmententitiesareessentialfor effectivewastemanagementandachievingasustainable future.
Individualscancollaboratewithcommunityorganizations andlocalauthoritiestopromotewastemanagement initiatives.Byparticipatinginneighborhoodclean-up events,joiningrecyclingprograms,andadvocatingfor sustainablewastemanagementpractices,individualscan createacollectiveimpactandfosterasenseof environmentalstewardshipwithintheircommunities.
Businessescancollaboratewithwastemanagement companiesandorganizationstodevelopinnovative solutionsandimprovewastemanagementinfrastructure.By sharingbestpractices,participatinginindustryforums,and engaginginpublic-privatepartnerships,businessescan contributetothedevelopmentofcomprehensivewaste managementsystemsthatprioritizesustainabilityand resourceefficiency
Governmententitiesplayacrucialroleinwaste managementthroughthedevelopmentandimplementation ofpoliciesandregulations.Governmentscanestablish recyclingtargets,provideincentivesforbusinessesand individualstoadoptsustainablepractices,andenforce wastemanagementguidelines.Theycanalsoinvestin wastemanagementinfrastructureandsupportresearchand developmentinwastereductionandrecyclingtechnologies.
Conclusion
Theroleofindividualsandbusinessesinwaste managementisinstrumentalinshapingasustainablefuture. Byembracingwastereductionpractices,properly segregatingwaste,participatinginrecyclingprograms,and fosteringinnovation,individualscancontributetoagreener environment.Businesses,ontheotherhand,canleadby examplethroughsustainablepackaging,wastereductionin operations,andinvestmentinrecyclinginitiatives. Collaborationbetweenindividuals,businesses,and governmententitiesiscrucialforcreatingeffectivewaste managementsystemsandachievinglong-term sustainabilitygoals.Byworkingtogether,wecancreatea futurewherewasteisminimized,resourcesareconserved, andtheenvironmentisprotectedforgenerationstocome.
ABHAY DESHPANDE FOUNDER AND CEO RECYKAL
Recykal aims to drive transformation in the waste management sector and craft a sustainable future. By embracing circular economy principles, harnessing technology, forging partnerships, educating consumers, and advocating for policy reforms, we can lead the charge in streamlining the disconnected waste management ecosystem. Let us join hands and embark on this transformative journey to a cleaner, greener, and more sustainable world for generations to come.
Recykal,ledbyitsFounderandCEOAbhay
Deshpande,isatechpioneerindigitally empoweredsolutionsforcircularityand sustainability Thecompanytookonthechallengeof transforminginformalwastemanagementpracticesby introducingtechnology-drivensolutionsthatenablethe integrationofinformalwastepickersandaggregatorsinto theformalwastemanagementsector TheOdysseybegan withtheideaofestablishingacirculareconomy.Withits efficientwastemanagementsolutions,Recykalhasbeen abletostreamlinetheinformalwastemanagementsectorby ensuringtransparency,traceability,andfairpricingfor wastematerials.Itiscommittedtosupportingacircular economythatbalanceseconomicgrowthwith environmentalprotectionandcommunitydevelopment.
Recykalisfacilitatingcircularityandsustainabilityfor corporates,brands,governmentagencies,andwaste aggregatorsasapathwaytowardestablishingeffective wastemanagementpractices.Furthermore,Recykalis stronglyadvocatingtheadoptionofsustainablewaste managementpractices,ensuringthattheyaremore systematic,effective,sustainable,andenvironmentally friendly.
“InconversationwithAbhayDeshpande,Founderand CEO,Recykal.”
Canyouprovideuswithaconciseoverviewofyour company,itsgoals,andthecriticalfactorsdrivingits achievements?
Recykal,atechstartupbasedinHyderabad,India,offers smartsolutionsforenablingthecirculareconomyand
sustainability.Introducingtechnology-drivensolutionsthat enabletheintegrationofallthestakeholdersofthewaste managementecosystem,Recykalhascreatedaninclusive ecosystemthatformalizestheinformalsectorandprovides accesstogrowthopportunities.Innovationisakeyfactor contributingtoRecykal’ssuccess,asthecompany continuouslyexploresnewtechnologiesandapproachesto streamlinewastemanagementandremainscommittedto stayingaheadofthecurvewhenitcomestosustainability practices.
Anotherkeyfactorcontributingtooursuccessisour emphasisoncollaboration.Weworkcloselywithour partnersandclientstodesigncustomizedsolutionsthat meettheiruniqueneedsandsupporttheirsustainability goals.ThesesolutionspowerthelargestCircularity MarketplaceinAsia,channelizingmorethan 50,000MT/month.OurTechnology,DataReporting solutionshelpBrands,Governments,Policymakers, Organizations,andCommunitiesadoptsustainable practiceswhilecreatingsocial,economic,and environmentalimpactatscale.
Recykal’scircularityecosystemconnectsWasteGenerators (Businesses,Consumers),WasteProcessors(Aggregators, InformalSectors),andRecyclersandenablestransactions betweenthem,bringingtransparencyandtraceabilitytothe ecosystem.
Couldyouprovideabriefofyourbackgroundandthe journeythatmotivatedyoutoyourcurrentpositionin thecompany?
In1998,IstartedMalamall.com,whichlaunchedina marketthatwasnotreadyforitatthetime.However,I learnedalotfromthisexperience.Laterin2007,weformed aSaaScompanycalledMartjack,whichworkedwith companieslikePizzaHut,Walmart,andFutureGroup. Eightyearslater,itwasacquiredbyCapillaryTechnologies.
EvenafterthesuccessofMartjack,Istillfeltthehungerto createsomethingevenmorepurposefulandimpactful. Hence,afterdeepresearch,Idecidedthatwaste managementcouldbethenextbigthingforme.Therefore, alongwithAbhishekDeshpandeandAnirudhaJalan,we startedRecykalin2017.Later,EktaNarainandVikram Prabakaralsojoinedourjourney.
NowwehaveaPANIndiapresencewiththelargestand mostdigitallyintegratednetworkofbrands,recyclers, wasteaggregators,andgovernmentagenciesinRecykal’s Ecosystem.
Whatisthespecialtyofyouruniqueofferings,andhow doesitcontributetomaintainingthecompany’s excellentpositionintheindustry?
OurProducts:
Ÿ SustainabilitySolutions:Asuiteofsolutions empoweringenterprisestoachieveNetZero,drive behavioralchange,anddelivermeasurableimpacton sustainability
1)EPRLoop:HelpstrackandtraceandfulfillEPR targets,transactions,andperformanceandenables brandstoruntheirconsumerawarenessprogramsand alsocomplywiththeExtendedProducerResponsibility (EPR)rulesoutlinedbythegovernment.
2)PlasticNeutrality:Asolutionforzeroingtheplastic footprintofbusinesses.
Ÿ Circularity:Helpsdigitizeindustrialwastemanagement operationswitheaseandprovidesabird’seyeviewof multi-facilityoperations.
Ÿ DepositRefundSystem:Drivebehavioralchange amongconsumerstoreducelittering.
Ÿ SmartSkan:Revolutionizessegregationatthesource usingAI-builtwastedatamodels.
Ÿ SmartCenter:Asolutionfordigitizingwaste managementcenters.
Ÿ AwarenessPrograms:Tech-drivensustainability learningforimpactfulemployeeandotherstakeholder transformations.
Ÿ CircularityMarketplace:Amanagedmarketplacefor recyclablesthathelpsaggregatorsandrecyclersdigitally transformtheirbusinesswithAI-drivenpredictionof materialrates,quality,andprofitability-drivenbuyersellermappingwithfastpaymentandhassle-free logistics.
Weoperateinthesecategories:Plastic,paper,metal, e-waste,tyre,andbatteries.
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Recykal helps scrap recyclers and aggregators streamline their operations and increase their revenues, driving quality, trust, and better value for recyclables.
HowdoesRecykalhelpbrands,recyclers,and governmentagencies?
RecykalProvidesCircularityandSustainabilitySolutionsto Brands,Recyclers,andGovt.Agencieswithasetof digitallyempoweredtoolsthatcanbefurthercustomized foreffectivewastemanagement.
1. Brands:RecykalhelpsbrandsimplementExtended ProducerResponsibility(EPR)compliance,which requiresbrandstotakeresponsibilityforthedisposalof theirproductsaftertheyhavebeenused.Recykaloffers avarietyofservicestohelpbrandsachievethisgoal, includingsettinguprecyclingprograms,tracking metrics,andimplementingeffectivecommunication strategies.Brandscanalsoruntake-backprogramsto becomeplastic-neutral.
RecykaloffersITAssetDisposalservicesforbrands withheavyITinventory.With100%securedata erasure,privacyprotection,refurbishing/reuseservices fortheequipment,ifpossible,andRecykaltakescare ofrecyclingtheremaininge-wasteresponsibly This processhelpstoreducetheenvironmentalimpact causedbyelectronicwasteandoffersacomprehensive solutionfore-wastemanagement.
2. Recyclers:Recykal’sMarketplaceconnectsthe recyclersandsellersofplastic/paper/metal/e-waste scraptotransactefficientlyinasingleplatform. RecykalMarketplacesolvesthechallengesof consistentmaterialsupply,timelypaymentsforsellers, andtraceabilityandtransparencyintransactionsfor recyclers.Withourmarketplace,wearebridgingthe gapbetweendemandandsupplyandbuildingan Amazonforsellers&buyersalike.
3. GovernmentAgencies:Recykalhelpsgovernment agenciesmonitorandenforceregulationsrelatedto wastemanagementandrecycling.e.g.,Recykal digitizesMaterialRecoveryFacilitiesasSmartCentres withtheimplementationof“SmartSkan”anAIpoweredwasteanalyticsandsortingprogram.Forthe implementationofSmartSkan,QR-codedplasticbags aredistributedtohouseholds,andonlydrywasteis collectedinthesebags.Thesebagsarecollected,and thewasteissegregatedintodifferentcategoriesatthe MRF(MaterialRecoveryFacility)centerwithSmart Skan.SmartSkanisaimedatpreventingthe contaminationofplasticbykeepingitseparatefrom wetwasteandeducatingusersontheimportanceof responsiblewastemanagement.Itinducesbehavioral changeamongstconsumerstowardproperwaste disposal,providesinformationonrecyclingoptions,
andallowsgovernmentagenciestotrackwastebackto thegenerator.
ApartfromSmartSkan,Recykal’sDigitalDRS(Deposit RefundSystem)isbenefittingMunicipalCorporationsand othergovernmentbodiesinIndia.DigitalDRSinvolves providingserialuniqueidentificationcodes(SUIN)to distributorsofconsumergoods,whicharethenaffixedto theproductpackaging.Customersarerequiredtopaya refundabledepositatthepointofpurchase,whichvaries fromRs.2to10dependingonthetypeofpackaging material.Whenthepackagingmaterialisreturnedtothe collectioncenterafterusage,customersarerefundedthe deposituponscanningtheSUIN.Thiscycleofwaste collectionandrecyclingensuresthecircularityofwaste materials,promotingsustainabilityandresponsiblewaste disposalhabitsamongresidentsandtourists.Thedigital DRSsystemappliestovarioustypesofproductpackaging, includingchippackets,waterandcolddrinkbottles, sachets,shampooandotherpersonalcareproductbottles, tetrapacks,milkpackets,aluminumcans,andglass containers.
HowdoestheRecykalFoundationcontributetochanges thatpromotesustainabilityandenableacircular economy?
Recykalaimstomakeapositiveimpactonthestakeholders involvedinthewastemanagementsectorbyworking closelywithwastecollectorsandprovidingthemwith safetytrainingandopportunitiestoincreasetheirincome. Oneofourverticals,‘RecykalFoundation,’focuseson educatingthecommunityabouttheconceptofthecircular economy,raisingawarenessthroughcampaigns,and increasingefficiencyinwastemanagementpractices. RecykalFoundationcollaborateswithotherorganizations toeducatepeopleonrecyclingandresponsiblewaste management.Throughoutreachprogramsthatinclude tailor-madeactivitiesandCSRinitiatives,Recykal encouragespeopletoparticipateinwastereduction activities.
Howdoyoumeasurethesuccessofyoursustainable wastemanagementinitiatives?
Recykal’sunique,integratedapproachmarksIndia’sfirst digitalcircularityandsustainabilitycompanythatconnects wastegeneratorswithwasteprocessorsandrecyclers,and brandownerstosolvesomeofthebiggestchallengesfaced bytheindustry Today,wehave210+brands,325+ recyclersandco-processors,10,000+businesses,
190+urbanlocalbodies,3000+serviceproviders,and aggregatorsassociatedwithus.Wehavechannelized 4,00,000+MTofmaterial.
Oureffortsforrevolutionizingthewaste-commercesector withdigitalinnovationsledtorecognitionasa“Technology Pioneer”bytheWorldEconomicForum;otherhonors includeTheEconomicTimes’AwardasIndia’sGrowth Champions2023,ExcellenceinWasteManagementasa PRObytheCII3RAwardsandBestSoonicornbyBusiness World.RecykalhasmadethelistofFinancialTimes’Top 500High-GrowthCompaniesAsiaPacific2023with6th rank,andalsolistedamongthetop5playersinFast Company’s50mostinnovativecompaniesinAPACregion, Recykal’sdigitalDRS(DepositRefundSystem)wonthe DigitalIndiaAward2022forplastichaltingattheholy pilgrimagesiteKedarnathinassociationwiththeGovt.of Uttarakhand.
Asaninventiveleader,whatadvicewouldyougiveto othercompanieslookingtoimplementsustainablewaste managementpractices?
Ouradvicewouldbetostartsmall,focusoneducationand communication,leveragetechnology,andworkwith industryexpertswhocanguideyoutowardthebestwaste managementpracticesandsolutions.Companiescan embracecirculareconomyprinciplesthatfocuson reducing,reusing,andrecyclingresourcestominimize wastegeneration.Anotherapproachcanbe,engaging
employeesinsustainabilitypracticesandpartneringwith wastemanagementfirmsthatcanacceleratethecompany’s sustainabilityefforts.Conductingregularauditsand measurementsofwastemanagement’seffectivenessto monitorprogressandidentifyopportunitiesforongoing improvement.Bydoingso,companiescanmakea significantimpactonreducingwasteandcontributingtoa moresustainablefuture.
Howdoyouenvisionscalingyourorganization’s servicesandoperationsin2023andbeyond?
Recykal’svisionistochannel5%ofIndia’swasteintoa circulareconomy Wehavemadeinroadsintonew categoriesliketyresandbatteriesandaimtogrowtheir volumesimilartowhatwehavedoneinplastics,e-waste, andpaper.WeplantoimplementdDRSinmultipleULBs andevenastate-levelimplementation.
Itcanbeinferredfromtheenvironmentalpoliciesenforced bydevelopedanddevelopingcountriesthatthevolumeand scopeofrecyclingwillcontinuetogrowinthenext25 years.Uponachievingthesetgoals,recyclinghasthe potentialtobecomethethoughtleaderintheclean-techand sustainabilityspace.
Whenacertaincompany’sscrapisproperly disposed,thechancesofthemendinguponthe blackmarketarelesstonone.Acompanycan alsobeconfidentthatitsliabilitywillbereduced,thatits competitorswillnotgainanadvantage,andthatthequality ofitsproductwillstaygood.Sometimes,itisdifficultto manageandtracethesupplychainofthepurchase,usage, andthedisposalofaproduct.Buttheroleofmodern technology,especiallythelikesofAI,canplayavitalrole inthesupplychain.
Usingcertifieddestructionservices,thedisposalprocedure canbetrackedandsecured.Thischainofcustodyensures thehighestlevelofprofessionalismbyincluding photographicandvideoevidenceofthedestruction.
Lookingatthis,TeknTrash,anAIanalyticscompany startedtoofferitsservicestodeliverthemissinglinkof productlifecycle.ItusesAItolocateproductsatdisposal timeandthusobtainrealtimeconsumerdata.
Inthefollowinginterview,AlCosta,theFounderand CEOofTeknTrash,shedslightonthejourneyofhis company,itsofferings,andthefutureaspectsofthe GreenTechsector
PleasebriefouraudienceaboutTeknTrash,itsUSPs, andhowexactlydoesithelpcompaniesmatchtheir salestotheireffectiveconsumption.
TeknTrashisanAIandanalyticscompanywhichobtains datafromtrash.Webelievethattodaywerecycle everythingexceptthemostimportantpart,whichisthe consumerdataaproductcontains.So,thewho,thewhen, andthewhereofadisposedproductareimportantmetrics whichneedtobeaccountedfor,andyetforsomereason theyarenot.
Weliveinadata-basedworldanddatahasbeennamedthe ‘newoil’whichmakesevenlesssense.Finally,whilewe buyourproductsfrommanysources,thereisonesingle placewheretheyalleventuallyendupat,whichisthe garbage.Thus,beingabletolocatethoseproductsthere meansknowingtheentireconsumptionofanindividual, andthatispowerful.
ShedsomelightonTeknTrash’sofferingsandhowthey impacttheindustryanditsclients?
Webelievetherecyclingmodelisafailedone,asitonly punishesifpeopledon’trecycle,butdoesnotrewardifthey do.Andbecauseitdependsonthesaleofmaterials,which payslittle,soitisunabletopaytoo.Theendresultisthat today11%ofmethaneintheatmospherealreadycomes fromtrash(andmethaneis88timesstrongerthanCO2 causingglobalwarming),only6%ofplasticisactually recycled,thelargesttrashdumpisactuallytheGreatPacific GarbagePatch,etc.
So,wethinkdataisthesolutiontothatproblembecauseit isvaluable.So,wecanrewardpeopleforrecycling.Tothat end,wecreatedstipra.com,whichiscurrentlytheonly servicethateffectivelyrewardspeopleforproperrecycling, whileprovidingvaluablepost-salesdata.Regularpeople registeratstipra.comandtakepicturesoftheirconsumer productsbeforethrowingtheminthetrash.
Companiesthenregisteratcorp.stipra.comandconsume thatdata,geolocatingwheretheirproductsendedup.So, thisallowsconsumerproductcompaniesknowtheir consumersbetter,encouragesproperrecycling,andcreates asourceofincomeforvulnerablepeople.
Al,pleasebriefusaboutyourjourneyintheindustry andhowyouhavecontributedtoTeknTrash’ssuccess.
IamabiologistwithanMAinComputerEngineering.My fatherwasadiplomatandI’velivedincountriessuchas Haiti,sopovertyalleviationissomethingdeeplyingrained inme.IfoundedTeknTrashwhilelivinginBarcelonaand laterIcametotheUKtopromoteit.
Beforethat,IcreatedcompaniesinUSA,UK,Brazil,and Spain,soldmyfirsttoonelistedinNasdaq,fundraisedin SiliconValley,losteverythinginanother,soit’sbeenafun ride.Andthus,Iamcalledtohelpstartupswithmarketing, fundraising,andstrategy.
TeknTrashisledbyateamofscientistsandthus,wedonot enjoythegreenwashingthatunfortunatelyistakingplacein themarket.Tothatend,IbroughtinDrKavehMadani, whoservedastheDeputyHeadofIran’sDepartmentof EnvironmentandwasVicePresidentoftheUnitedNations EnvironmentalAssemblyBureau,tocreateabusiness modelwhicheffectivelyrewardscompaniesparticipatingin Stiprawithrealandaccountablecarboncredits.
Infact,sincegarbageproducesmethaneandthatissucha strongGHGgas,evenasinglebottleproducesenough carbontobeabletotranslateintocredits,sothatmeans companiescanobtaincarboncreditstheycansellinthe marketforusingstipra.Forexample,Teslamakesmore moneyfromsellingcarboncreditstoitscompetitorsthan actualcarsales,sothatisarealopportunityforcompanies.
Beinganexperiencedleader,shareyouropiniononhow theadoptionofmoderntechnologieshasimpactedthe greentechspaceandwhatmorecouldbeexpectedin thefuture?
WhenitcomestoGreentech,Ialwaysmakeacomparison withtheBrazilianethanolmodel.Havinglivedinthat
Al Costa Founder and CEO
countryfor20years,Isawhowitcreatedabiofuelmodel thatisactuallysustainableandwidelyimplemented,asall fuelpumpscarryethanol,allpetrolcarries27.5%ethanol, ½ofthefleetisflex,etc.Andthatwascreatednotbythe needtobesustainableandtoreducecarbon,butsimply becausethecountrywouldnothavethefundstoimportoil duringthefuelcrisisof1973.
Thus,weneedtolookatthefinancialsustainabilityofa greensolution,asthatspeaksmuchlouderthantheESG component,andthereforeismoreabletobringwidespread usageandrealESGbenefits.
Infact,ifourleaderscouldseetheclearfinancialbenefitof ESG,theywouldtakeactions,buttheyareonlypresented withthepureenvironmentalbenefits,sotheyofcourse don’tcare.So,it’sapoormarketingschemeifyouaskme.
We are embarking on a major fundraise which will allow us ultimately to develop a smart bin.
Consideringthecurrentpandemic,whatinitial challengesdidTeknTrashfaceandhowdidyoudrive
Wemaybeoneofthefewcompanieswhichwere unaffectedfromthepandemic,asouroperationswere alreadyremote,andIplanthemtoeverbe.Inthis,Ialways makeacomparisonwithHarryPotter’sGringottsBank. ThisbankhasnoATMs,APP,onlinepresence,etc.It requiresitscustomerstogototheoneandonlyofficefor anycommonbankingoperationsuchaswithdrawing, depositing,gettingastatement,etc.
However,noonetodaywouldopenanaccountinabank whichrequiresitscustomerstogothere.Ontheotherhand, noonewouldtrustalotofmoneytoabankwhichhasno offices,whereonecangoandphysicallyspeakwitha managerwhenthingsgosour That’swhybankscreated ATMs.Theseare‘offices’ofsortswherepeoplecando mostoftheireverydaybankingoperations,andifthey requiresomethingfancier,thentheycangotothemainone.
AtTeknTrash,weplantohaveasimilarmodel.Wewill havesmalloffices(ATMs)spreadacrosstheUKwhere employeescanwork,meet,anddousualeverydaywork. Theseofficeswillbeofthesizeofaroomwithspaceforup tofourpeopleandwillallowemployeestoworkataplace closetotheirhomes,whilestillphysicallyinteractingwith otheremployees.
Theywillhaveanappwhichallowthemtochoosethe closestofficetowherevertheyareatthemoment,openthe door,getalaptop,printer,etc.fromsomecloset,havea coffee,turnontheheating,etc.Forexample,iftheyneedto haveameetingwithmanypeople,theycanchoosealarger officeorjustgotothemainone.Thatway,theydon’tneed towastetheirlivesawaycommutingtoworkandtheycan stillfeelpartofanenterpriseinsteadoffeelinglikethey workinsolitudeofsometrappistmonastery.
ThesameIalwaysgivetoanyentrepreneurirrespectiveof area:thattherearetwowaysofsucceeding.Thefirstwayis byquality:whenyoudotherightthing,talktotheright people,closetherightdeals,etc.However,thatusually requirespreviousexpertise,collegeeducation,etc.,andthat isthemainreasonwhysomanypeopledonottrybeingan entrepreneur Tothose,thereisasecondway,whichisby quantity
Basically,goingthere,doingthewrongthings,talkingto wrongpeople,closingthewrongdeals,etc.,andbydoing thatacquiringtheexpertise,knowledge,techniques,etc. thatthebestMBAwouldnotbeabletoprovide.Both methodsleadtosuccess,theonlydifferenceisthesecond takeslongerasitrequiresmanymoretries,butitisalso moresatisfyingduetolearningalongtheway
HowdoyouenvisionscalingTeknTrash’soperations andofferingsin2023andbeyond?
Weareembarkingonamajorfundraisewhichwillallowus ultimatelytodevelopasmartbin.Thiswillallowpeopleto justthrowtheirgarbageinonesinglebag,dotherecycling, takepicturesofalltheproducts,andrewardinstipra.com thecorrespondingpoints.Thesebinswillinitiallybe deployedinshoppingcenters,aswebelievethatthepublic wouldprefertogotoashoppingcenterthatusessmartbins whichrewardpeoplefortheirdisposedproductsratherthan othersthathaveoldandboringgarbagecans.
Inthefuture,weenvisionthistobecomeamajorplayerin therecyclingindustry,aswecouldtakethecontentofthis binstotherecyclingcenters,chargeforthatservice,and theywouldbegladtopayastheproductswouldalready muchbetterrecycledthanthroughthem.So,theywouldbe abletosellmorepaper,plastic,metal,etc.
TeknTrashisafinalisttotheRedHerringTop100Europe competitionin2021.ItwasselectedbytheWEF(World EconomicForum)asoneofthethreemostimpactful technologies,andEuronewschoseTeknTrashas#1 Greentechcompanytowatchin2021.
“Sofar,wereceivedthreegrants,sowearemakinggood noiseandgettingrecognition.Stipra.comisalready capturingdataontopproductssuchasNescafé,Nivea, Pepsi,andevenIkeafurniture!So,wearehappyoverall,” Alconcludes.
