Summary

This document discusses recovery and recycling practices, sustainable business models, and the economic aspects of waste management. It highlights the benefits of recycling and reusing resources, aiming to reduce waste and create new value from waste materials. The document presents different strategies for reducing waste and increasing revenue through recycling initiatives.

Full Transcript

Recovery and ]] Recycling Dipartimento di Scienze Economiche e Aziendali Management for Sustainable Firms Sustainable Business Models Some preliminary statistics Some preliminary statistics (2) Businesses today generate large amounts of waste and pa...

Recovery and ]] Recycling Dipartimento di Scienze Economiche e Aziendali Management for Sustainable Firms Sustainable Business Models Some preliminary statistics Some preliminary statistics (2) Businesses today generate large amounts of waste and pay a lot for the privilege of disposing it. They may be tossing aside a profitable revenue stream in the form of materials that could, after reprocessing, be valuable to another company. Why Recover and Recycle? Global competition Costly resources Everything previously considered waste is revived for other uses, Business want to protect, eliminating not only waste but the recapture and reuse the resources concept of waste altogether. Recovery and Recycling Business Model Recovering waste and by-products Infinitly Finitly Paper: maximum 4 times Metals Plastic: depends on the composition, when Glass harder more difficult to recover and recycle Fabrics: depends on the type, varies from 2 to 5 times The recyclability of a product depends also on the municipality policies and agreements with resellers. It may occur that it is stated “recyclable” on the packaging of a product, but the company that buys that waste in a certain region does not have the technology (machinery) to recycle it. The more materials combined, the more difficult it is to recycle. Separating materials is a process that consumes time, energy and money. Recovering waste and by-products Upcycling Coverting and old product or material into something more valuable. Use of new technologies and operating a two-way supply chain, companies can recover almost any resource. https://pomp.store/blogs/journal/upcycling- vs-recycling-vs-downcycling-in-fashion Industrial Symbiosis Sharing by-product resources among industries – to integrate closed-loop recycling and cradle-to-cradle designs, where disposed products can be reprocessed into something else without any resource loss. Cradle to Cradle “Cradle to Cradle” (C2C) is a registered trademark of the consulting firm McDonough Braungart Design Chemistry. The phrase was first used in 1970s by Walter R. Stahel, a Swiss architect and a pioneer in the field of sustainability. Benefits of the R&R model 01 02 03 Costs Revenue Impact Recduce costs of Increase revenue Diminished environmental compliance and from selling unwanted impact with lower demand waste management. outputs. for virgin resources and energy. Benefits of the R&R model 04 05 06 Customers B2C Development Convenient options New interactions points Deeper insights into how between companies and products are disposed of, which for customers to customers where disposal can be used in product dispose of unwanted and new products purchase development and design for products. can be combined. recyclability efforts. Benefits of the R&R model 07 Not the case for material types, depending on quality and performance levels of Lower bill primary vs. secondary A lower material bill when switching from primary to secondary resources. Zero Waste Companies that have already wrung out operational inefficiencies to implement lean practices or have instituted recycling programs for materials such as paper, now need to embrace a more ambitious aspiration: zero waste. Moving toward that goal will require redesigning products and processes so that any residual material can serve as a potential resource. Variations of R&R model Recovering end-of-life Recovering waste and by- 01 02 products products To recapture value in: From a company’s own closed loops (a company’s production process and own products) or operations to recapture open loops (any company’s value. products). R&R Cases Worldwide I:CO Founded in 2009, I:CO is an international circular solutions provider for the collection, certified sorting, reuse and recycling of clothing and shoes. They aim to support innovative new recycling technologies which help close the loop of production cycles. Accordingly, they have developed the “I:CO take-back system”. This is a worldwide in-store programme that offers fashion-related companies a practical solution for taking on product responsibility. The system works as follows: Fashion houses and retailers collect clothing and shoes from their customers in their stores – who are rewarded for doing so. I:CO then helps organise the logistics, sorting and transfer of the items to the various recycling loops. After separating the material, I:CO organises the industrial recycling of Post Consumer Waste (PCW). The recycled fibres are reused for products in various industries. In this way, the system contributes to a win-win scheme for all parties involved. Wearable items are redirected to new beneficiaries – extending their lifecycle. Worldwide I:CO I:CO, short for I:Collect, is a respected global solutions provider and innovator for collection, reuse and recycling of used clothing and shoes. The scale of I:CO’s worldwide take-back system and logistics network is unique in the textile industry. I:CO supports retailers and fashion brands in their ambitions to take on product responsibility and helps to implement circular models tailored for individual businesses. As joined forces, I:CO and SOEX combine a modern vision of circularity with a long-standing tradition of over 40 years of experience in the collection, processing, trading and recycling of used textiles and shoes. As part of a strong international network, the SOEX Group is a global player in pioneering textile circularity and driving innovative solutions. Too Good to Go Innovation award for sustainability solutions. Win-win for restaurateurs and guests: Together they save food and cut costs. Guests get a good price; restaurateurs continue to make sales and save disposal costs. The free app against food waste Too Good To Go has won the Focus Innovation Award 2020. This means that the idea of this social impact business in the fight against food waste prevailed against 24 other nominees. Too Good to Go Founded in 2016 in Copenhagen, the Too Good To Go app aims to combat food waste while reducing pollution levels caused by food waste, which is responsible for 8 percent of global greenhouse gas emissions. Since its inception, Too Good To Go has been able to save more than 13 million meals and 26000 tons of CO2, and has since expanded to Belgium, France, Germany, Italy, Norway, Poland, Spain, Switzerland, the Netherlands, and the United Kingdom. To date, the company has 11 offices in Europe, more than 280 employees, and more than 10 million users, and is among the top rankings in the App Stores and Google Play across Europe.

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