With the rising concern of the environmental impacts of waste generated by businesses on a regular basis, a lot of such organizations are now adopting innovative ways of managing the waste they produce. Let us look at the most popular methods employed in recent times.
Environment-friendly packaging design is quickly gaining popularity among multiple verticals. Industries are now leaning towards sourcing and producing environmentally sustainable items, be it the final product, the packaging, or both; by following methods like:
- using renewable resources wherever possible
- using through sustainable and environment-friendly raw materials
- embracing the trend of multi-purpose product and packaging design for maximum yield
- eliminating the use of any materials and products that cannot be recycled
- employing innovative methods to reduce packaging waste such as edible or 100% bio-degradable packaging
Efficient Use of Energy
Did you know lighting takes up about 15-20% of an organization’s energy use, and regular incandescent bulbs waste 90 percent of the energy they consume as heat, the EPA estimates. By simply switching to energy efficient devices, and employing methods that provide sustainable energy such as solar powered lighting and heating, not only will you use up less energy but it will also result in significant monetary savings.
‘According to a study done by Compass Intelligence, more than 30 percent of U.S. Smartphone subscribers recycled their devices in 2015. The report further predicts that by 2019, an estimated 177 million devices will be recycled out of a total of 475 million idle devices, and noted a substantial revenue opportunity exists in the proper disposal of e-waste.’
Recently, many large manufacturers have already begun to tap into this stream by reclaiming reusable resources from old and obsolete products that were previously created, thereby reducing the hazardous waste created.
Many companies are establishing aggressive zero-waste policies that provide guiding principles that further the overall vision of sustainable waste management practices. These policies form the zero waste sustainability initiative and the commitments that the organization is required to adhere to across all its functions to reduce the overall waste created. These may include separation of waste on the basis of bio-degradable, re-usable and hazardous waste. The waste can then be treated accordingly to minimize any harmful environmental impacts of the same.
Restructuring of Supply Chain
With the added focus on waste reduction, companies are also restructuring their procurement guidelines using sophisticated sustainability metrics. Many companies are now requesting more audits, measurements, and implementing methods to maximize the yield from their supply chain process. This ensures optimal utilization of resources while minimizing the waste generated.
Companies can restructure their production processes and employ sustainable methods while creating their products. This also reduces production of harmful waste and related substances, which subsequently decreases the company’s carbon footprint! The ultimate motto being, “Reduce, Reuse, Recycle and Refuse”.
Employment of such green practices also proves to be beneficial to the company as it creates a positive brand image in the eyes of their consumers while influencing societies around them to also follow similar practices in their day-to-day lives. Such methods also prove to be extremely cost-effective as it requires constant monitoring of practices to ensure that they are constantly committed to the cause of ‘creating a better tomorrow’ by learning from the past.