How much is your “waste” worth?
Waste as an asset mentality; how much is your “waste” worth?
It is very easy to view your waste as something which has no value and just needs to be removed; however, this is often far from the truth. Many items which you are throwing away have an intrinsic value, and can demand a low removal charge, free of charge collection or even a rebate!
Knowing the value of your waste gives you an advantage when negotiating the removal of material and planning your recycling and waste strategy. Even if you are only lowering the cost of removal or moving a small amount of waste to a free of charge collection you are engaging in the circular economy and have started the move towards a waste as an asset mentality.
So, as of March 2022 what are some of the common materials you are throwing away every day worth?*:
- Cardboard £145 a tonne**
- Textiles £95 a tonne***
- Mixed Paper £105 a tonne**
- Steel Cans £237.5 a tonne
Although obtaining the full value of commodity materials is somewhat reliant on quantity and quality, the list above demonstrates the value of everyday items. If you are producing consistent volumes of these and other materials, you may be missing out on substantial rebates. Engage your suppliers and use your newfound knowledge to turn your waste into an asset today!
*Commodity cost data sourced from Letsrecycle.com and accurate as of April 2022
**Domestic Mill Price
***Textile Bank Price
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