Top 10 Sustainable Waste Management Companies to Watch

June Issue: 04 Greener Future 2023 The Importance of Sustainable Waste Management Sustainable Future The Role of Individuals and Businesses in Waste Management Top 10 Sustainable WASTE Management Companies to Watch B.K. Soni Chairman & Managing Director Ecoreco Ecoreco A Torchbearer of the E-Waste Recycling Revolution in India and Beyond

Top 10 Sustainable WASTE Management Companies to Watch

Distinctive Sustainable Waste Managers ustainable waste management has undergone In addition to recycling, waste-to-energy technologies have significant advancements and transformation in gained momentum as a sustainable alternative. Through recent years, marking a crucial turning point in our processes like anaerobic digestion and gasification, organic collective efforts toward a greener and more waste and non-recyclable materials can be converted into S sustainable future. These advancements have revolutionized renewable energy sources, reducing reliance on fossil fuels traditional waste management practices, paving the way for and minimizing greenhouse gas emissions. innovative solutions that prioritize environmental conservation and resource efficiency. Collaboration and partnerships have also played a pivotal role in the transformation of sustainable waste management. One notable advancement is the increased emphasis on Insights Success takes pride in bringing forth a platform waste reduction and prevention. Rather than solely focusing through its latest edition – Top 10 Sustainable Waste on waste disposal, sustainable waste management now Management Companies to Watch, with provisional places a strong emphasis on reducing waste at its source. stakeholders from various sectors, including businesses, and This shift in mindset has led to the adoption of practices communities, working together to develop comprehensive such as product redesign, packaging optimization, and waste management strategies. This collaborative approach Editor’s promoting the sharing economy, which helps minimize ensures that expertise, resources, and innovative ideas are waste generation and promote a circular economy model. combined to address the complex challenges of waste management effectively. Another significant transformation lies in the field of Note recycling. Technological advancements and improved infrastructure have enabled more efficient recycling processes, allowing a wider range of materials to be recycled. Furthermore, the implementation of single-stream recycling systems has simplified the recycling process for individuals and businesses, increasing participation rates and diverting more waste from landfills. - Prashik D. Bombarde

A Torchbearer of the E-Waste Recycling Revolution in India and Beyond FLAME UK 30 ECORECO C O N T EN T S Sustainable Solu?ons for a Greener Future 08 22 ECOWARE Saving the World One Package at a Time C O V E R S T O R Y TEKNTRASH Articles Changing the Landscape of Sustainability Greener Future Sustainable Future RECYKAL 44 The Importance of The Role of Individuals Empowering a Sustainable Sustainable Waste and Businesses in Waste 36 26 Future through Digital Management Management Recycling Solutions 38

Merry D'Souza Editor-in-Chief INSIGHTSSUCCESSCREDITS Prashik Bombarde Managing Editor Ecoreco Company BluPlanet Recycling Inc Ecoware ecoreco.com bprecycling.ca ecoware.co.nz Executive Editor Adiba Tarade The way of business solutions Featuring Devin Goss James Calver & B.K. Soni Chief Execu?ve Office Alex Magaraggia Chairman & MD Visualiser Michael Warner Co-founders Art & Design Head Sonia Raizada BluPlanet Recycling Eco Recycling Ltd (Ecoreco) Inspired by the principles of Brief Co-designer Allen Darcy delivers customizable is India's first and leading a circular economy, Ecoware recycling, organics, & professional E-waste wants food and food Art & Design Assistant Lauren Smith garbage systems to make Management Company that packaging waste to be waste diversion simple & has set industry returned to the soil with easy. benchmarks ?me and again zero waste systems and Business Development Manager Sherin Rodricks with its innova?ve & sustainable prac?ces, Marketing Manager Jenny jordan environment friendly achieving diversion from disposal prac?ces. landfill. Business Development Executives Chelsea Wilson, Edwin Copper Alice Fernandes, Carl Rogers Sales Executives Recykal Stericycle Company Flame UK Infinite Disposal recykal.com stericycle.com Technical Head Chris Darcy flameuk.co.uk infinitedisposal.com Abhay Deshpande Cindy J. Miller Featuring Pam Knight Jay Baker Assistant Technical Head Prachi Mokashi Founder & CEO President and Managing Director Owner/Operator Technical Consultants Logan Harper, Julie Davis Chief Execu?ve Officer Brief Flame UK is a facili?es Infinite Disposal is a local Recykal connects waste Stericycle suite of essen?al Sheldon Miller Digital Marketing Manager management company waste pickup company in generators, waste services helps our clients providing sustainable Colorado Springs, aggregators, and waste properly dispose of Sagar Lahigade Assistant Digital Marketing Manager solu?ons for waste, energy servicing residen?al and recyclers to solve challenges poten?ally harmful medical and water. It provides commercial trash and like a demand-supply waste, shred confiden?al Eric Gilbert SME-SMO Executive bespoke waste management recycling. mismatch and lack of informa?on, and protect and recovery strategies that transparency and their trusted pa?ent and Research Analyst Helena Smith enable businesses to traceability. customer rela?onships. become more sustainable Finn Wilson Circulation Manager and reduce costs. sales@insightssuccess.com TeknTrash Inc Waste Connec?ons Win Waste Innova?ons JUNE, 2023 Company tekntrash.com wasteconnec?ons.com win-waste.com Al Costa Robert Boucher Jr Featuring Ron Mi?elstaedt Founder and CEO President and CEO CEO Corporate Ofce WIN Waste Innova?ons is a Follow us on : www.facebook.com/insightssuccess/ Brief TeknTrash is an AI+analy?cs Waste Connec?ons is an waste management Insights Success Media Tech LLC www.twitter.com/insightssuccess company which developed integrated services company commi?ed to 555 Metro Place North, Suite 100, S?pra: a so?ware which company that provides delivering essen?al waste Dublin, OH 43017, United States We are also available on : manages post-sales data for solid waste collec?on, management solu?ons to Phone - (614)-859-2600 companies to understand transfer, disposal and customers and communi?es Email: info@insightssuccess.com consumer pa?erns. recycling services to local supported by our team of For Subscription: www.insightssuccess.com RNI No.: MAHENG/2018/75953 residents and businesses 1,900 employees. throughout the U.S. and Canada. Copyright © 2023 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success.

Top 10 Sustainable Waste Management Companies to Watch Cover Story B.K. Soni Chairman & Managing Director Ecoreco Ecoreco A Torchbearer of the E-Waste Recycling Revolution in India and Beyond ,, 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 As the only company in the WEEE industry in India listed Impacting Ecology, Sustainability, and Circularity! on the Bombay Stock Exchange, it is dedicated to safeguarding the environment and ensuring a sustainable tepping into the digital age, technology has become future. Moreover, they have been authorized by the integral to our lives. Yet, with each new device government to manage e-waste recycling services under the S comes an accumulation of outdated ones that are no Environment Protection Act and the E-waste longer functioning, leading to an international e-waste crisis Management Rules, with a mission to help protect the that is often disregarded by those who are distant from the environment and ensure a sustainable future for all. matter. In actuality, many are unaware of the magnitude of e-waste produced annually and how much of it is discarded Reusing and Reducing are integral parts of life in India, into landfills or incinerated, and its hazardous impacts on where per capita income is usually low. After multiple uses, the environment. people often sell their discarded items to informal waste workers for money. Unfortunately, because of a lack of Ecorecoaims to change it all. knowledge or access to technology, these informal players are unable to properly recycle these items and take care of Ecoreco is an industry-leading company that is dedicated to the ecology and environment. This is where Ecoreco has sustainability and environmental protection. They reclaim, come in, introducing a third R, Recycling, which has been process, and recycle e-waste from around the globe and missing from the equation. With its innovative and have developed an innovative approach for reusing and sustainable solutions, it can now ensure that these discarded repurposing waste into valuable materials. items are recycled to help preserve our planet. As India’s premier e-waste management company, they set B. K. Soni was lucky enough to participate in a number of the standard for responsible disposal practices. Recognizing Conferences & Exhibitions in the USA, UK, Germany, and Shashank Soni the need for safe and responsible solutions for e-waste other countries, wherein he had the opportunity to interact management, it is a reliable partner for all your e-waste with and gain insight from a variety of prosperous global Director management requirements. Committed to sustainability, recyclers who generously shared their knowledge and Eco Recycling Ltd Ecoreco strives to go above and beyond to protect our expertise, even allowing him to visit their facilities. This Recognized as a visionary and expert in planet. cumulative knowledge enabled the founding of India’s first e-waste management, Mr. Soni was one professional e-waste management company, Ecoreco, in ,, of the first to identify the potential of the Being a pioneering force in the quest for a greener, more Mumbai. Proud to state that Ecoreco strictly adheres to all Indian E-waste Management industry back sustainable world. It has set a blueprint for turning waste legal and environmental regulations - both within their We believe in the principle of in 2005. Since then, he has been responsibly into usable products and creating jobs that protect our facility and while performing tasks on clients’ sites - they leading the growth of the industry and ‘Environment Friendly- planet. By introducing innovative technology and working have also introduced several cost-effective and eco-friendly introducing global best practices in India. As a with the community, It is proving that businesses can have a technologies and methodologies. This is what makes Customer First,’ and this is pioneering thought leader in e-waste management, positive impact on both the environment and its people. Ecoreco stand out from the rest. evident in the fact that clients his insights and expertise are often sought after by such as MNCs, NBFCs, So?ware industry players, policymakers, regulators, and Through this story, we wish to be an impetus for others to B.K. Soni: Turning Vision in to Reality government functionaries. Mr. Soni is truly at the take action similar to Ecoreco and become the force for Giants, and IT-Telecom-White forefront of the Indian e-waste management industry. positive change in the world. B.K. Soni is the Chairman and Managing Director of Eco Goods Producers have Recycling Ltd (Ecoreco) and the driving force behind the consistently chosen Ecoreco to He is an esteemed Cost Accountant from The Institute of To understand their tactics and journey, we had the company’s success. With Mr. Soni’s leadership, Ecoreco Cost Accountants of India (ICMAI). He has been actively pleasure of sitting with B.K. Soni and having a delightful has become India’s leading e-waste management company provide services for the last engaged with various industry associations, as well as part conversation! with a strong presence across the nation. He is focused on ,, two decades. of the Expert Group on E-waste Management constituted by developing strategic growth initiatives and building a the Maharashtra Pollution Control Board. His keen intellect Protecting the Environment for a Sustainable Future talented team of professionals. After establishing a strong and outstanding moral character fuel his belief that India B2B segment, Mr. Soni is now working on expanding the can be a leader in e-waste management; due to economical Ecoreco, India’s pioneering E-waste Recycling Company, B2C model to reach individual generators of e-waste and recycling costs, capacity utilization can be maximized. started in January 2005 and introduced the concept of familiarise them with the benefits of scientific recycling and electronic waste management in the country. Prior to this, its direct benefit on the health of all. India produces an estimated 3 million M.T. of e-waste each informal scrap merchants were responsible for collecting year, with the potential to reach 5 million MT by 2025. and dismantling e-waste.

27001, and R2 accredited. Leveraging its own technology secure, providing the assurance that their environmental Ecoreco recognizes the expanding for recovering precious metals, Ecoreco can extract requirements and data security are in the safest of hands. demands posed by this growing volume ,, valuable materials such as copper, aluminum, silver, and Ecoreco’s unique Data Destruction on Wheels Facility, and is committed to providing dynamic gold from complex electronic scraps. which has been up & running since 2008 and has won Gold solutions to take advantage of the urban Medal from DST, Lockheed Martin & FICCI provides all mining of natural resources from WEEE. They treat Environment The facility boasts a cutting-edge de-manufacturing line, three services of Delete-Degauss-Destroy on & off-site and Protec?on Responsibility and integrating both automated and manual methods for sorting, provides on-the-spot proof of destruction with complete Ecoreco’s State-of-the-Art WEEE Recycling dismantling, and shredding e-waste. Ecoreco’s services details of the devices destroyed is availed by several BFSI, Facilities Ci?zens’ Social Responsibility consist of: • Decommissioning of WEEE & Documentation MNCs, & others across the nation. as tools to transform the • Packing & Transportation • Data Destruction off-site • Ecoreco’s WEEE Recycling facility offers a current prac?ce of selling ITAD Services • Data Destruction on Wheels on-site • E- Ecoreco’s “Recycling on Wheels-SmartER” Program comprehensive end-to-end process for e-waste. Certified waste Recycling • Lamp Recycling • Skill Development • e-waste for monetary gain a by the Central Pollution Control Board and authorized by BookMyJunk Mobile App • Install Collection Boxes • Set Ecereco is dedicated to safeguarding the environment and the Maharashtra Pollution Control Board as India’s very nd spending several ?mes m up Collection Centers • Collection Vans • Recycling on preserving natural resources. To guarantee a superior first recycling Company, this secure procedural guarantee, ore on medical expenses. Wheels-SmartER • Assisting EPR, CSR & ESG Obligated quality of air, water, and soil, they advocate setting up environmental protection, and maximum resource recovery Corporates • Provide services in more than 100 Countries to additional recycling centers to decrease the amount of from electronic devices at the end of their life. Global Clients. waste. Their main focus is to relentlessly strive for environmental sustainability and support responsible Ecoreco is a member of the Material Recycling Association ,, Clients of Ecoreco trust for sure that their environmental resource management. of India (MRAI), the largest representative body of compliance and data security are in safe hands. With Recyclers in India with more than 1200 Members. Mr. Soni Ecoreco as their partner, clients can be rest assured that Ecoreco has taken a giant stride in helping to achieve the is also a Director on the MRAI Board. Ecoreco’s WEEE their business is fully compliant and their reputation is desired goal of proper e-waste management with the launch Recycling processes are ISO 9001, 14001, OHSAS 18001,

of its “Recycling on Wheels-SmartER” program. This His commitment to responsible e-waste disposal has been innovative solution takes care of “Training-Transport- key in advancing sustainability for the future. Technology on Board” by providing informal workers with the necessary upskilling, transport for e-waste and the The time is near when India’s stakeholders will recognize ability to shred e-waste on board, as opposed to their and appreciate the revolutionary program launched by current pollution-causing practices. Ecoreco. This program encourages end users to dispose of their “E-waste Not for Money, but for the Environment.” To This latest innovation by them has been recommended in make this process easier and more convenient, they have the Advisory for E-waste Management issued by the Office launched the BookMyJunk Mobile App, and a fleet of of the Principal Scientific Advisor-PSA (Under the Prime vehicles is traveling across Mumbai’s roads to collect and Minister’s Office in India) to the Smart Cities. scientifically shred e-waste right at the user’s doorstep to avoid misuse of data, resale of devices, devices of arm Ecoreco recently received the most “Prestigious forces, Tax Authorities, safeguarding proprietory Recognition and Certification” when Prime Minister, Shri technologies etc. Join us as we strive to make India’s Narendra Modi, mentioned Ecoreco and its innovative environment healthier and greener. mobile application BookMyJunk in his latest Mann Ki Baat (Monthly radio communication with the nation) on January Ensuring Safety and Security in the Waste Management 29, 2023. This is an incredible accomplishment and a & Recycling Industry testament to the hard work, dedication, and commitment of the Ecoreco team. In the same way that other industries require safety measures, the waste management and recycling sector is no Revolutionizing India’s E-Waste Recycling Industry different. Recycling is an industry and needs to be treated as such. Thus, relevant safety guidelines must be adhered to. The growth and progression of the e-waste recycling industry in India have been intrinsically linked to Ecoreco, This includes ensuring efficient, safe, and secure recycling 3. Logistic costs, including those a leader in paving the way for the e-waste recycling processes, safety equipment, health insurance, a clean and for recycling, are a significant revolution. Ensuring the secure and safe disposal of e-waste safe environment, protected machinery, regular repairs and factor in the overall costs of has a direct, beneficial effect on the environment, ecology, maintenance, subject matter training, mock drills, fire recycling, making it difficult for ,, sustainability, and circularity. In today’s world, no country fighting training, and first aid assistance. These precautions developed countries to recycle low- can contemplate resource sustainability without recycling guarantee that the recycling processes are effective, safe, value items and for developing and circularity. Therefore, Ecoreco has become an and secure. Eco Recycling Ltd (Ecoreco) is countries to formalize e-waste indispensable part of the e-waste recycling industry in India management. This is the major reason why India’s first and leading and will always be remembered for instigating this Overcoming Challenges to Revolutionize Electronic the situation remains challenging. professional E-waste revolution. Waste Recycling Management Company that has 4. Liquidity (Investment readiness) in the sector In 2007-08, the Maharashtra Pollution Control Board Four major challenges have been and will continue to be is still not viewed as a necessity in terms of set industry benchmarks ?me formed an Expert Group of 7 Members, with B. K. Soni as present in this industry for years to come. He calls them the societal and environmental responsibility. and again with its innova?ve the only Member representing the E-waste recycling 4Ls – Legislation, Liability, Logistics, and Liquidity. industry amongst Government and NGO Members. Four & environment-friendly Revolutionizing India’s Recycling Industry years later, the MMRDA (Maha Mumbai Regional 1. Enforcing stricter adherence to the Legislation and disposal prac?ces. Development Authority) invited bids for the setting up of an Rules among the 1.4 billion people in the country is not ,, Through their commitment to innovation, they have E-waste Recycling Facility in Mumbai. Of the 17 entities a simple task. Businesses, producers, and other end developed the most suitable and efficient techniques and that took part in the pre-bid meeting, Ecoreco emerged as users are expected to comply with these standards. technologies to provide affordable local solutions for both the only successful bidder that satisfied the Technical individuals and businesses. Their tailored solutions are criteria of the tender. 2. The primary liability of collecting and recycling e- designed to ensure people get the most value from their waste falls to producers under the Extended Producer e-waste while also helping to safeguard the environment. Since April 2008, the introduction of the first E-waste Responsibility (EPR) regime. Despite this, With their commitment to revolutionizing India’s recycling Guidelines in India and the subsequent E-waste environmental and ecological concerns remain due to industry, they are working hard to make sure everyone has Management Rules from 1st April 2023, Mr. B. K. Soni has the ongoing informal activity. the opportunity to contribute to a greener future. actively championed provisions that benefit the industry.

With their unwavering commitment to raising awareness potential for a career in the Waste Management & Ecoreco’s Powerful Reverse Logistics System and making a positive impact in their industry, they have Recycling Industry. These courses are designed to give invested heavily in Awareness Cum Action Drives, participants the best possible training and education in these Ecoreco has a fleet of trucks and containers, in addition to including the installation of Eco-Bins, Collection Centers, fields. partnerships with top logistics companies to support its and Talk Shows. As a result of their efforts, the industry has mission of returning raw materials to industries without experienced a higher level of understanding and a greater Soni is convinced that until Waste Workers (domain further depletion of mines. This powerful reverse logistics commitment to sustainability. Their dedication and hard experts) understand their obligations to Health-Safety- system will encourage the formal recycling of e-waste, thus work have ensured that their industry continues to prioritize Environment and how to address these issues, there will be making them confident that this mechanism will stop sustainability and environmental well-being. no significant change in India’s Waste Management and the informal and hazardous disposal, protecting human health pollution it causes. Ecoreco suggests its clients to dedicate and the environment. They treat EPR (Environment Protection Responsibility) some of their Corporate Social Responsibility (CSR) funds and CSR (Citizens’ Social Responsibility) as tools to for waste management & upskilling, over and above its Hence, it is committed to expanding its collection points transform the current practice of selling e-waste for typical profit making investments in Health and Education. spread over to the nation in an organized fashion. To meet monetary gain and spending several times more on medical By doing so, they can make sure that the Waste Workers EPR obligations, it provides a three-tier architecture with expenses. By encouraging responsible disposal of e-waste, have the resources required for a brighter and cleaner last-mile collection points, city-level dismantling centers they strive to reduce environmental damage and create a future. and national-level recycling centers. As the first Indian healthier society. This is a sustainable approach that has not company, they are aiming to create a unified reverse only a positive impact on the environment but also benefits From E-Waste Recyclers to Environment-Conscious E- logistics network to ensure the efficient collection of e- citizens and businesses alike. Waste Warriors waste from end consumers nationwide. Secure Your Data Fulfilling Socio-Environmental Responsibilities The journey of E-waste Recycling began with the birth of Ecoreco in India, and since then, they have introduced several innovations that have kept up with the evolution of Handover of Data Devices, such as Hard Drives, Media Ecoreco was set up with the mission to deliver on the social and environmental duties of its customers. Their the E-waste Management industry. In addition, many of tapes, Flash drives, etc., is a major challenge for any ‘Environment Friendly-Customer First’ mentality is what these innovations have been adopted by their competitors. organization when disposing I.T. Equipment. These Data has allowed them to be successful for the last two decades, Devices contain confidential information of the company, with clients ranging from MNCs, NBFCs, Software Giants, For the past 18 years, Ecoreco has remained at the forefront its clients, and personal/ secret information of staff, thus and IT-Telecom-White Goods Producers choosing them for of environmental responsibility, providing reliable and requiring the complete sanitization or destruction of all data their services. This core principle is the driving force dependable services that meet the ever-evolving needs of its before handing over. behind Ecoreco’s existence. clients. Their commitment to excellence has enabled them to continually exceed expectations. They take pride in the Thus, their world-class services of data deletion, If readers broaden their vision to look beyond customer- trust their clients place in them. degaussing, and destruction help clients eliminate fear, meet specific compliances, they will agree that the role of the their data security policies, and provide tailored solutions Waste Management and Recycling Industry is currently the The “Junk Se Jung” campaign, part of BookMyJunk’s 5- for data destruction. Utilizing their innovative onsite mobile most significant, not only for safeguarding our environment year plan, seeks to transform Money Conscious E-waste shredding facility, clients can be sure that their confidential ,, from un-environmentally friendly hazardous waste handling Sellers into Environment Conscious E-waste Warriors by data is destroyed 100% and that they are safeguarded but also for recycling and replenishing otherwise depleting 2028. To assist this mission, a free mobile app (available for against data leakage. In this way, their comprehensive natural resources for a cleaner and greener climate and iOS and Android) and website, www.bookmyjunk.com, has services of data destruction offer clients peace of mind, The ?me is near when India’s sustainable future. been created to enable citizens and businesses to register safeguards them from paying millions of dollars as penalty stakeholders will recognize and get e-waste collected from their doorstep and that too and assurs that their data is completely destroyed and Transform India’s Waste Management Scenario with free of charge. beyond recovery. and appreciate the Ecoreco revolu?onary program BookMyJunk aims to support 5 million Environment Partnering with Ecoreco to meet EPR Obligation launched by Ecoreco. This Ecoreco and its 100% subsidiary, Ecoreco Enviro Education Conscious E-waste Warriors every year through its mobile program encourages end Pvt Ltd, are committed to two important CSR projects in app and 100 “Recycling on Wheels-SmartER” Facilities. Ecoreco develops customized e-waste collection & India - Waste Management and Skill Development. These facilities have been recommended for implementation recycling systems incorporating Awareness Drives, users to dispose of their Through their partnership with the National Skill by the Office of the Principal Scientific Advisor (PSA) to the Evidence-Based Collection, Mobile App for seamless order “E-waste Not for Money, but Development Corporation, Government of India, they Smart Cities of India and have been tested, trusted and foud for collection, Collection Boxes, Door to Door Collection ,, for the Environment. provide comprehensive Skill Development Courses to to be trouble-free. Vans, etc., that strike the ideal balance between cost, Informal Waste Workers and Aspirants who see great convenience, and compliance. Its incredibly effective take-

Global Subscrip?on back and recycling program, which is adapted to the growing very rapidly. Ecoreco is enhancing infrastructure, demands and specifications of various producers and advanced technologies for ITAD, Data Destruction, manufacturers, guarantees the appropriate handling of end- Recycling, Refining, Reverse Logistic and Automation to of-life electronic devices. They contribute to the accommodate the growing expectations of its current and development of the ideal e-waste recycling program using new clients. their skills and knowledge. Ecoreco is open to discuss with global Recycling & ITAD Furthermore, the recycling and disposal methods used by Companies for Joint Venture & Strategic Investors to raise them aim to protect the environment and public health from funds for both organic & inorganic growth to participate in any potential problems resulting from poor e-waste this $ 4 billion industry in India, having potential to grow management. Hence, they assist their clients in maintaining far rapidly because of incremental demand of digital their position at the top and achieving excellence through devices and digitisation in the World’s fastest growing their cutting-edge e-waste recycling facility and procedures economy. that adhere to international environmental standards, their CSR, EPR & ESG initiatives. Awards and Recognition Serving Global Clients in 100+ Countries Ÿ The only E-waste Recycling Company to win a Gold Medal from the Department of Science & Technology, Providing excellent services to telecom, I.T., medical FICCI, Lockheed Martin, USA. equipment manufacturers, the BFSI segment, the software Ÿ The only E-waste Recycling Company to win the industry’s leading companies and more, they are actively prestigious Business Plan award from CII/ NVI/ WRI. st present in over 100 countries via their reliable recycling Ÿ The 1 E-waste Recycling Company to win the partners. These partners are fully compliant with local Environment and Clean Energy Track award from Excellence, Choose regulations and work towards helping their customers attain Sankalp. st their sustainability objectives while minimizing their Ÿ The 1 E-waste Recycling Company to win the Niche Choose environmental impact. Through their worldwide presence Market Player Award from Frost & Sullivan. and quality service, they are devoted to making the planet a Ÿ Award for the best E-waste Recycling Company. better place. Potential Opportunity With the stricter implementation of the EPR Regime in India, the demand of E-waste Recycling Services in India is The way of business solutions

Top 10 Sustainable Waste Management Companies to Watch James Calver Co-founder Ecoware Ecoware Alex Magaraggia Saving the World One Package at a Time Co-founder We are on a mission to change the here is a rule of nature, ‘What offer alternatives for the plastic chains and reducing waste to landfill. way the world views packaging comes from the earth goes products. One of the leading names in We have done this by using the world’s by removing virgin plastics T back to the earth.’ Mother that list is Ecoware, which provides most innovative plant-based raw earth—encompassing every living and sustainable plant-based food and materials, to design and develop from supply chains and non-living thing—functions on this beverage packaging solutions that are elegant, low emission packaging that is reducing waste to principle. She creates life and affordable and superior in quality. designed to be composted consumes it too. But one thing that the post-consumer use.” landfill. earth can’t consume is plastic – the The Success Story human invention that is changing the Being first to market, some 11-12 years biological balance of the earth. A decade ago, Alex Magaraggia and back with advanced raw material James Calver two young technology that challenged the From a plastic cup to food packaging, entrepreneurs commenced on a journey well-established plastic industry was everything is plastic, and unfortunately, by founding Ecoware – a dynamic and by no means a small task for the most of it is non-degradable. Hence, it innovative packaging brand that is co-founders. is essential to reduce the plastic usage purpose lead. Having a mutual understanding, they They were laughed out of board rooms, story and their marketing for a sustainable future. Alex and James, with a small team thought instead of thinking, lets hire told to ‘get real’ and more importantly strategy – after all, sustainability is “We are on a mission to change the around them, spent years knocking on another person to implement said ‘NO’, for the first five or so years. now ingrained in every corporate This necessity led to the rise of way the world views packaging by doors explaining to prospects that this technology and systems. Every decision moving forward,” the eco-friendly product companies which removing virgin plastics from supply was indeed the future of the industry. company in today’s climate should be It was a challenging task for the co-founders expressed. at a minimum investing of $1 in co-founders. They viewed No as YES, technology, for every $1 they invest in so they kept turning up and refining The past couple of years have seen people. “It’s what we believe is their product and brand. It took exponential growth and a shift of required to remain competitive, and approximately five years for the tide to attention towards a global more importantly become more turn, and then, it was only forward. market – Ecoware believes that its efficient at a lower cost,” said James. Ecoware went from only certified brand and product offering should and compostable hot cups and lids, to will be recognized as a true global Green industry is yet to be completely having a comprehensive range using a leader in the years to come. The disrupted by AI, but it can play a handful of different certified raw company’s products are currently crucial role in near future. The duo is materials. available in 12+ countries. It has some of the opinion that if they can teach exciting projects that will be deployed their staff to think this way, they can Ecoware now has over 500 SKU’s and in 2022 to target global growth. have a very powerful offering moving provides an environmental solution for into the next decade as real any takeaway (food and beverage) Going Green through Technology opportunities start to present environment. Its range enables the themselves as the market matures. clients to make their customers proud. Alex and James were keen on using the “It’s not just the packaging that the technology to embrace the way in clients change, it’s their full brand which the business can be approached. 23 JUNE | 2023 www.insightssuccess.com

Facing the Pandemic James said, “It is essential as a leader craves sustainable solutions, and also during times like this, you put yourself with some investment into those There is a famous quote in business in your customers shoes – when you countries that are already taking off,” world, “expect the unexpected.” That do, you realize that customers are your explained James. said, the unexpected continues to number one priority. We have done develop and the challenges one would everything we can, sacrificing profits to Having done extensive market research never dream about continue to press put people first.” He believes that when with the third party govt assistance, companies globally. Keeping this in the pandemic will come to an end, team Ecoware is focused on the North mind, problems can also be viewed as Ecoware will be somewhat more future American and the European markets as opportunities – and that is the way the proofed. key growth areas. In the world that is duo view problems at Ecoware. moving and changing rapidly, Envisaging a Green Future innovation is the catalyst to growth. What is the opportunity of solving this problem? There is no one denying the While Ecoware services over 4000+ Ecoware’s growth strategy will be fact that global supply chain is under domestic customers and have replaced continuous development and serious and real cost and delivery approximately 1.4 billion units with deployment of unique and specialized pressure. Ecoware was no exception to low emission, sustainable solutions in compostable food packaging being this. Throughout the past 18 months, NZ, in the upcoming years, the brought to market. “There is no such the company has been hit with global company is looking at the globe for thing as finished, or standing still, one sea freights increasing over 500%, expansion. “We will continue to grow must keep moving and moving because along with delay and missed our global territories that we currently the best is yet to come!” says the connections. operate both organically as the world leadership team. 24 JUNE | 2023 www.insightssuccess.com

Greener Future conserve energy, and decrease greenhouse gas emissions associated with the production of new goods. Additionally, recycling helps in reducing the amount of waste sent to landfills, thereby extending their lifespan and reducing the need for additional land for waste disposal. Composting is another essential aspect of sustainable waste management. Organic waste, such as food scraps and yard The trimmings, can be converted into nutrient-rich compost Importance through the natural decomposition process. Compost serves as a valuable soil amendment, enriching soil fertility, improving water retention, and reducing the need for chemical fertilizers. By diverting organic waste from of Suainable landfills and promoting composting, we not only reduce methane emissions but also promote healthier and more WASTE sustainable agricultural practices. In our modern world, the management of waste has become a Management Public Health and Safety Sustainable waste management directly affects public health and safety. Improper handling and disposal of waste can lead to the spread of diseases, contamination of water critical issue that demands immediate attention. With rapid sources, and the release of hazardous substances into the population growth and increasing industrialization, the environment. By implementing sustainable waste generation of waste has reached unprecedented levels. The management practices, we can mitigate these risks and improper handling and disposal of waste can lead to severe protect the well-being of communities. environmental and health consequences. However, by adopting sustainable waste management practices, we can pave the way One of the key elements of sustainable waste management towards a greener and more sustainable future. is proper waste segregation. By separating different types of waste at the source, such as recyclables, organic waste, and Further, we’ll explore the importance of sustainable waste hazardous materials, we can ensure that each type is management and its positive impact on the environment, public appropriately handled and treated. This prevents cross- health, and the economy! contamination, reduces the risk of accidents and spills, and enables effective recycling and disposal processes. Environmental Conservation and Preservation Moreover, sustainable waste management practices, such as One of the primary reasons why sustainable waste management landfill design and operation, help minimize the potential is crucial is its contribution to environmental conservation and for groundwater contamination. Landfills engineered with preservation. Improper waste disposal methods, such as protective liners and leachate collection systems prevent landfilling and incineration, release harmful substances into the harmful substances from seeping into the soil and polluting air, soil, and water, leading to pollution and degradation of groundwater sources. By safeguarding our water resources, natural resources. By implementing sustainable waste we can maintain public health and ensure the availability of management techniques like recycling, composting, and waste clean drinking water for future generations. reduction, we can minimize the negative environmental impact of waste and preserve our precious ecosystems. Economic Benefits and Resource Efficiency Recycling plays a vital role in sustainable waste management. It Implementing sustainable waste management practices also involves the collection, sorting, and processing of recyclable brings about significant economic benefits and promotes materials, such as paper, plastic, glass, and metal, to produce new resource efficiency. Traditional waste management products. By recycling, we reduce the demand for raw materials, methods, such as landfilling and incineration, are often 26 27 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

expensive and resource-intensive. In contrast, sustainable disposal options can help individuals understand their role in waste management approaches offer more cost-effective waste management and inspire them to adopt eco-friendly and efficient solutions. practices. Recycling, for instance, creates economic opportunities by Moreover, incorporating waste management education into generating jobs in the collection, sorting, and processing of school curricula can instill environmental consciousness in recyclable materials. It also stimulates the growth of future generations. By teaching children about the recycling industries and encourages innovation in waste environmental impact of waste and the importance of management technologies. By embracing recycling, sustainable practices, we can cultivate a culture of communities can reduce waste management costs and responsible waste management from an early age. divert valuable materials from landfills, thus preserving natural resources and reducing the need for costly Government Policies and Collaborative Efforts extraction and production processes. To achieve a greener future through sustainable waste Additionally, sustainable waste management practices help management, it is essential for governments to enact in conserving energy and reduce carbon emissions. supportive policies and regulations. Governments can Recycling and waste-to-energy technologies, such as incentivize recycling and composting initiatives, promote anaerobic digestion and waste-to-energy incineration, extended producer responsibility, and implement waste harness the energy potential of waste materials. By reduction targets. By providing financial incentives, tax converting organic waste into biogas or generating benefits, and grants, governments can encourage businesses electricity from the combustion of non-recyclable waste, we and industries to invest in sustainable waste management can reduce reliance on fossil fuels and contribute to a more infrastructure and technologies. sustainable energy mix. This not only helps combat climate change but also creates opportunities for renewable energy Collaborative efforts between government, industry, and production and reduces greenhouse gas emissions. civil society are also crucial. Partnerships and collaborations can foster innovation, knowledge sharing, and resource Sustainable waste management promotes resource pooling, leading to more effective and efficient waste efficiency by encouraging waste reduction and reuse. By management systems. Engaging stakeholders from different implementing waste prevention strategies, such as sectors can generate creative solutions, address challenges, promoting reusable products, encouraging packaging and ensure the implementation of comprehensive waste redesign, and supporting the sharing economy, we can management strategies. minimize the generation of waste at its source. This not only conserves natural resources but also reduces the To Conclude, environmental impact associated with the extraction, manufacturing, and transportation of new goods. The importance of sustainable waste management cannot be overstated. It offers numerous benefits, including Education and Awareness environmental conservation, public health and safety, economic advantages, resource efficiency, and the promotion Education and awareness play a pivotal role in driving of education and awareness. By adopting sustainable waste sustainable waste management practices. By promoting management practices at individual, community, and environmental literacy and raising awareness about the governmental levels, we can pave the way toward a greener importance of waste reduction, recycling, and proper future. It is crucial that we prioritize the implementation of disposal, we can empower individuals and communities to sustainable waste management strategies to safeguard our make informed decisions and take responsible actions. environment, protect public health, and create a sustainable and prosperous society for generations to come. Educational campaigns can target different audiences, from schools and households to businesses and industries, highlighting the benefits and practicalities of sustainable - P. D. Bombarde waste management. Providing information on recycling programs, composting techniques, and hazardous waste 28 JUNE | 2023 www.insightssuccess.com

Top 10 Sustainable Waste Management Companies to Watch Pam Knight Managing Director Flame UK Flame UK Sustainable Solu?ons for a Greener Future Pioneering Bespoke Waste Management Strategies for Businesses to Achieve Carbon Neutrality and Cost Reduction! s our planet faces increasing makes operations more efficient but also enhances cost- effectiveness and accountability. environmental challenges, more and more businesses are realizing the Flame UK’s pioneering approach to waste management and importance of adopting sustainable sustainability is revolutionizing the industry, setting a new practices. The shift towards standard for businesses across the board. A sustainability is not just a trend but a necessity for the survival of our planet and future Join us as we explore the intricate process of managing generations. Companies across industries are looking for waste at Flame UK! innovative solutions to minimize their environmental impact and create a more sustainable future. Please give us a brief description of your company, its objectives, and the most important factors contributing Leading the charge in this initiative is Flame UK, a top-tier to its success. facilities management firm that specializes in sustainable waste, energy, and water solutions. Through their Flame UK provides businesses throughout the UK with customized waste management and recovery approaches, sustainable waste and energy solutions. As a carbon-neutral they equip enterprises with the tools to adopt sustainability business ourselves, we aim to support our customers on practices and save on expenses. their own journeys to become more sustainable. Established in 2015, Flame UK has gone from strength to strength, At the helm of Flame UK is the dynamic and visionary achieving significant growth and securing contracts with Managing Director, Pam Knight. Under her leadership, large national clients, securing our position as one of the Flame UK has become a trailblazer in the field, offering key players in the waste management sector. comprehensive services that enable businesses to achieve their carbon neutrality goals. Kindly brief about yourself and your motivational journey until your current designation at your Flame UK stands out from the competition due to its company? exceptional ability to design customized waste management systems that not only decrease carbon emissions but also My main motivation was set up to create a sustainable increase resource recovery. By utilizing state-of-the-art future for my three sons. I wanted to create a business technology, they optimize waste collections and identify the where they could participate, grow, develop, and succeed if most effective disposal methods, resulting in a substantial they chose to. With my banking background, expertise in decrease in environmental impact. Their area of expertise is the waste sector, and personal guarantees, I worked hard to serving intricate and multi-faceted businesses by build supplier credit over the years. This lets us win and streamlining their systems with a unified approach. With deliver multiple national contracts. We’re a family-run Flame UK as their partner, businesses can benefit from business, so family values are at the heart of how we having a solitary supplier, a dedicated account manager, and operate as a business, along with how we support and build streamlined invoicing. This simplified process not only relationships with our clients. 30 31 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

,, you’ve got the ball rolling, it becomes even easier to Flame UK is leading the become more sustainable with your waste. Take a look at all charge in revolu?onizing your different waste streams and identify all the changes you could implement. Once you’ve got sight of the bigger waste management with our picture, making your business more sustainable will no sustainable solu?ons. We longer seem like a daunting task. believe that businesses can How to envision scaling your organization’s services and achieve their carbon operations in 2023 and beyond? neutrality goals while saving Going forward, we’re aiming to expand our network of on expenses. approved suppliers to cover even more waste streams. This ,, helps us to make sure that we can handle any waste stream our customers might come into contact with. We believe there’s a recovery route out there for any and every waste roadmap to look at how our business can become more material, and finding these is crucial for the future of the sustainable through both our business operations and our planet. waste management initiatives. Please give us a few testimonials from your clients and What efforts have you made to educate your customers awards or recognition that accurately highlight your and employees about the importance of sustainable achievements in this sector. waste management? Richard Ford – General Manager at Bar Iberico: “Flame One of Flame UK’s current projects is Flame Sustain. This UK found a really affordable way to change our food waste guide is set to help businesses become more sustainable What is the specialty of your unique offerings, and how limited, so we feel a responsibility to do what we can to into biofuel by having separate food waste bins. Now from through their waste management. Illustrating a roadmap to discover new recovery routes for waste and protect the does it contribute to maintaining the company’s prep to plate, all our food waste goes into separate bins and showcase our journey to sustainability, covering numerous resources we already have. excellent position in the industry? is then processed by Flame UK. It’s great for us to become objectives we have set ourselves to further our efforts to more sustainable and see our food waste not go to landfill. sustainability. We provide all our customers with a high level of waste Our unique position as a waste broker allows us to provide It’s helped us by reducing our general waste costs”. Since reporting, allowing them to see exactly where their waste is bespoke services tailored to fit every customer’s individual beginning to work with Bar Iberico in January 2023, we’ve We believe one of the best things we can do as a sustainable disposed of and helping them to ensure they’re compliant needs. We’ll work with our network of approved suppliers been able to divert 6.4 tonnes of food waste from landfill. business is to educate our employees on everything with all environmental legislation. As a fully licensed waste to create a personalized waste management plan to ensure https://flameuk.co.uk/case-study/bar-iberico/ sustainability. If we can continue to invest in and educate carrier, we’ll work with our customers to ensure their waste we can create a sustainable solution for every waste stream. our employees, they’re in a better position to help our is dealt with correctly and safely. Lawrance Allen – Head of Operations at Magnet Expert: customers with their sustainability journeys. Our staff is We are also one of the first waste brokers in the UK to “We want to be as green as possible and didn’t like the fact constantly taking part in carbon management and How do you measure the success of your sustainable provide a carbon-neutral waste collection service, helping that we weren’t recycling. Now we know that everything sustainability courses. Training for newer members of staff waste management initiatives? our customers to achieve their ambitions of becoming more which can be recycled is being recycled. That’s the biggest is also provided as part of their induction to help develop sustainable themselves. benefit. The great thing about Flame UK is that the team their knowledge. The more they know, the more they can As a business, we’re constantly evaluating how we can can handle everything. Our relationship is based on help the businesses we work with. improve our sustainable waste management initiatives. What is your company’s approach to sustainability in knowledge and trust, a real sense of care in what Flame UK We’re tracking the carbon footprint of around 90% of our waste management, and how do you ensure compliance does”. https://flameuk.co.uk/case-study/magnet-expert/ As an inventive leader, what advice would you give to waste collections. This enables us to identify key areas of with local and state regulations on waste management? other companies looking to implement sustainable waste improvement and helps with making collections even more Flame UK ranked 22nd in TechRound’s Sustainability60, management practices? sustainable. At Flame UK, we believe there’s a recovery route for every looking at the top 60 most innovative sustainability waste stream. We operate on a zero-to-landfill approach to companies across Europe. The best advice we could give to other businesses is to On a personal level, we’re tracking our carbon footprint as ensure as much waste as possible is diverted from landfill. https://techround.co.uk/sustainable-tech/22-flame-uk/ make a start. There’s a common misconception that a business, too, not just our operations. We had our carbon We’re incredibly proud to have been able to find different sustainability is a big scary journey, but there are so many emissions calculated by Nottingham Trent University and, recovery routes for waste streams that are often viewed as Currently sponsoring the Sustainability Award at the small things you can implement to make your waste from this, were able to make the necessary changes to ‘unrecyclable.’ This includes a range of materials from used Midlands Family Business Awards 2023. management more sustainable. It can be as small as putting become a carbon-neutral business. We’re working on a disposable vapes to food waste. We know that resources are a compost bin in your office kitchen for food waste. Once 32 33 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

Sustainable Future aste management is a collective responsibility that involves the active participation of individuals and businesses. In today's world, where waste generation is W at an all-time high, it is crucial for individuals and businesses to play a proactive role in managing waste in a sustainable manner. The Role of This article further explores the significance of individuals and INDIVIDUALS businesses in waste management and how their actions can contribute to a sustainable future! and BUSINESSES Individual Responsibility in Individuals have a vital role to play in waste management. Small WASTE actions taken by each person can collectively make a significant impact on reducing waste generation and promoting sustainable Management practices. First and foremost, individuals can adopt the practice of waste reduction. By being conscious of their consumption patterns, individuals can make informed choices to minimize waste generation. This can be achieved through actions such as avoiding single-use items, opting for products with minimal packaging, and embracing reusable alternatives. Additionally, individuals can contribute to waste reduction by repairing and repurposing items instead of immediately discarding them. Proper waste segregation is another crucial aspect of individual responsibility. By separating the waste into different categories, such as recyclables, organic waste, and non-recyclables, individuals can facilitate the recycling process and prevent contamination of recyclable materials. Education and awareness campaigns can play a significant role in promoting proper waste segregation among individuals. Furthermore, individuals can actively participate in recycling programs. By recycling materials such as paper, plastic, glass, and metal, individuals contribute to the conservation of resources and the reduction of waste sent to landfills. It is essential for individuals to understand their local recycling guidelines and ensure that they correctly sort and prepare recyclable materials for collection. Businesses and Waste Management Businesses have a crucial role to play in waste management due to their significant impact on waste generation. Through the implementation of sustainable waste management practices, businesses can reduce their environmental footprint and contribute to a sustainable future. 34 35 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

One of the key areas where businesses can make a Collaboration and Partnerships difference is in packaging. By adopting eco-friendly packaging solutions, businesses can minimize waste Collaboration and partnerships between individuals, generation and reduce the use of non-recyclable materials. businesses, and government entities are essential for This can involve using recyclable or biodegradable effective waste management and achieving a sustainable packaging materials and designing packaging that is easily future. recyclable. Additionally, businesses can explore options such as bulk packaging or refillable containers to reduce Individuals can collaborate with community organizations packaging waste. and local authorities to promote waste management initiatives. By participating in neighborhood clean-up Another aspect of sustainable waste management for events, joining recycling programs, and advocating for businesses is waste reduction in their operations. By sustainable waste management practices, individuals can implementing practices such as inventory management, create a collective impact and foster a sense of efficient production processes, and minimizing product environmental stewardship within their communities. waste, businesses can reduce the overall waste generated in their day-to-day operations. This not only helps the Businesses can collaborate with waste management environment but also improves operational efficiency and companies and organizations to develop innovative reduces costs. solutions and improve waste management infrastructure. By sharing best practices, participating in industry forums, and Businesses can also play a significant role in recycling by engaging in public-private partnerships, businesses can establishing partnerships with recycling companies or contribute to the development of comprehensive waste management systems that prioritize sustainability and implementing in-house recycling programs. By providing resource efficiency. employees with designated recycling bins, educating them on proper waste segregation, and ensuring the collection Government entities play a crucial role in waste and recycling of recyclable materials, businesses can make management through the development and implementation a tangible impact on waste reduction and resource of policies and regulations. Governments can establish conservation. recycling targets, provide incentives for businesses and Waste Management Innovation individuals to adopt sustainable practices, and enforce waste management guidelines. They can also invest in Both individuals and businesses have the opportunity to waste management infrastructure and support research and contribute to waste management innovation by embracing development in waste reduction and recycling technologies. new technologies and practices. Conclusion Individuals can actively seek out innovative solutions such as composting systems for organic waste or investing in The role of individuals and businesses in waste household recycling technologies. By staying informed management is instrumental in shaping a sustainable future. about advancements in waste management, individuals can By embracing waste reduction practices, properly adopt new practices that align with sustainability goals and segregating waste, participating in recycling programs, and help create a more circular economy. fostering innovation, individuals can contribute to a greener environment. Businesses, on the other hand, can lead by Businesses, on the other hand, can invest in research and example through sustainable packaging, waste reduction in development to discover innovative waste management operations, and investment in recycling initiatives. technologies. This can involve exploring waste-to-energy Collaboration between individuals, businesses, and conversion technologies, such as anaerobic digestion or government entities is crucial for creating effective waste gasification, which can help generate energy from organic management systems and achieving long-term waste or non-recyclable materials. Additionally, businesses sustainability goals. By working together, we can create a can support the development of new recycling technologies future where waste is minimized, resources are conserved, that can handle complex or hard-to-recycle materials, and the environment is protected for generations to come. thereby expanding the possibilities for waste diversion and resource recovery. - A. K. Tarade 36 JUNE | 2023 www.insightssuccess.com

Top 10 Sustainable Waste Management Companies to Watch ABHAY DESHPANDE FOUNDER AND CEO RECYKAL Recykal Empowering a Sustainable Future through Digital Recycling Solutions Facilitating Sustainability and Circularity for Corporates, sustainability. Introducing technology-driven solutions that Government Agencies, and Waste Aggregators! enable the integration of all the stakeholders of the waste management ecosystem, Recykal has created an inclusive ecosystem that formalizes the informal sector and provides ecykal, led by its Founder and CEOAbhay access to growth opportunities. Innovation is a key factor Deshpande, is a tech pioneer in digitally contributing to Recykal’s success, as the company R empowered solutions for circularity and continuously explores new technologies and approaches to sustainability. The company took on the challenge of streamline waste management and remains committed to transforming informal waste management practices by staying ahead of the curve when it comes to sustainability introducing technology-driven solutions that enable the practices. integration of informal waste pickers and aggregators into the formal waste management sector. The Odyssey began with the idea of establishing a circular economy. With its Another key factor contributing to our success is our efficient waste management solutions, Recykal has been emphasis on collaboration. We work closely with our able to streamline the informal waste management sector by partners and clients to design customized solutions that ensuring transparency, traceability, and fair pricing for meet their unique needs and support their sustainability waste materials. It is committed to supporting a circular goals. These solutions power the largest Circularity economy that balances economic growth with Marketplace in Asia, channelizing more than environmental protection and community development. 50,000MT/month. Our Technology, Data Reporting solutions help Brands, Governments, Policymakers, Organizations, and Communities adopt sustainable Recykal is facilitating circularity and sustainability for practices while creating social, economic, and corporates, brands, government agencies, and waste environmental impact at scale. aggregators as a pathway toward establishing effective waste management practices. Furthermore, Recykal is Recykal’s circularity ecosystem connects Waste Generators strongly advocating the adoption of sustainable waste management practices, ensuring that they are more (Businesses, Consumers), Waste Processors (Aggregators, systematic, effective, sustainable, and environmentally Informal Sectors), and Recyclers and enables transactions friendly. between them, bringing transparency and traceability to the ecosystem. Let us delve deeper into the insights of Recykal! Could you provide a brief of your background and the Recykal aims to drive transformation in the waste management “ journey that motivated you to your current position in “In conversation with Abhay Deshpande, Founder and sector and craft a sustainable future. By embracing circular the company? CEO, Recykal.” economy principles, harnessing technology, forging partnerships, In 1998, I started Malamall.com, which launched in a educating consumers, and advocating for policy reforms, we can Can you provide us with a concise overview of your market that was not ready for it at the time. However, I company, its goals, and the critical factors driving its lead the charge in streamlining the disconnected waste learned a lot from this experience. Later in 2007, we formed achievements? management ecosystem. Let us join hands and embark on this a SaaS company called Martjack, which worked with companies like Pizza Hut, Walmart, and Future Group. transformative journey to a cleaner, greener, and more sustainable Recykal, a tech startup based in Hyderabad, India, offers Eight years later, it was acquired by Capillary Technologies. smart solutions for enabling the circular economy and world for generations to come. “ 39 JUNE | 2023 www.insightssuccess.com

Even after the success of Martjack, I still felt the hunger to and allows government agencies to track waste back to How does Recykal help brands, recyclers, and create something even more purposeful and impactful. the generator. government agencies? Hence, after deep research, I decided that waste management could be the next big thing for me. Therefore, Apart from Smart Skan, Recykal’s Digital DRS (Deposit Recykal Provides Circularity and Sustainability Solutions to along with Abhishek Deshpande and Anirudha Jalan, we Refund System) is benefitting Municipal Corporations and Brands, Recyclers, and Govt. Agencies with a set of started Recykal in 2017. Later, Ekta Narain and Vikram other government bodies in India. Digital DRS involves digitally empowered tools that can be further customized Prabakar also joined our journey. providing serial unique identification codes (SUIN) to for effective waste management. distributors of consumer goods, which are then affixed to Now we have a PAN India presence with the largest and the product packaging. Customers are required to pay a 1. Brands: Recykal helps brands implement Extended most digitally integrated network of brands, recyclers, refundable deposit at the point of purchase, which varies Producer Responsibility (EPR) compliance, which waste aggregators, and government agencies in Recykal’s from Rs. 2 to 10 depending on the type of packaging requires brands to take responsibility for the disposal of Ecosystem. material. When the packaging material is returned to the their products after they have been used. Recykal offers collection center after usage, customers are refunded the a variety of services to help brands achieve this goal, What is the specialty of your unique offerings, and how deposit upon scanning the SUIN. This cycle of waste including setting up recycling programs, tracking does it contribute to maintaining the company’s collection and recycling ensures the circularity of waste metrics, and implementing effective communication excellent position in the industry? materials, promoting sustainability and responsible waste strategies. Brands can also run take-back programs to disposal habits among residents and tourists. The digital become plastic-neutral. Our Products: DRS system applies to various types of product packaging, Recykal offers IT Asset Disposal services for brands including chip packets, water and cold drink bottles, with heavy IT inventory. With 100% secure data Ÿ Sustainability Solutions: A suite of solutions sachets, shampoo and other personal care product bottles, erasure, privacy protection, refurbishing/reuse services empowering enterprises to achieve Net Zero, drive tetra packs, milk packets, aluminum cans, and glass for the equipment, if possible, and Recykal takes care behavioral change, and deliver measurable impact on containers. of recycling the remaining e-waste responsibly. This sustainability. process helps to reduce the environmental impact 1) EPR Loop: Helps track and trace and fulfill EPR How does the Recykal Foundation contribute to changes caused by electronic waste and offers a comprehensive targets, transactions, and performance and enables that promote sustainability and enable a circular solution for e-waste management. brands to run their consumer awareness programs and economy? 2. Recyclers: Recykal’s Marketplace connects the also comply with the Extended Producer Responsibility recyclers and sellers of plastic/paper/metal/e-waste (EPR) rules outlined by the government. Recykal aims to make a positive impact on the stakeholders scrap to transact efficiently in a single platform. 2) Plastic Neutrality: A solution for zeroing the plastic involved in the waste management sector by working Recykal Marketplace solves the challenges of footprint of businesses. closely with waste collectors and providing them with consistent material supply, timely payments for sellers, Ÿ Circularity: Helps digitize industrial waste management safety training and opportunities to increase their income. and traceability and transparency in transactions for operations with ease and provides a bird’s eye view of One of our verticals, ‘Recykal Foundation,’ focuses on recyclers. With our marketplace, we are bridging the multi-facility operations. educating the community about the concept of the circular gap between demand and supply and building an Ÿ Deposit Refund System: Drive behavioral change economy, raising awareness through campaigns, and Amazon for sellers & buyers alike. among consumers to reduce littering. increasing efficiency in waste management practices. 3. Government Agencies: Recykal helps government Ÿ Smart Skan: Revolutionizes segregation at the source Recykal Foundation collaborates with other organizations agencies monitor and enforce regulations related to using AI-built waste data models. to educate people on recycling and responsible waste waste management and recycling. e.g., Recykal Ÿ Smart Center: A solution for digitizing waste management. Through outreach programs that include digitizes Material Recovery Facilities as Smart Centres management centers. tailor-made activities and CSR initiatives, Recykal with the implementation of “Smart Skan” an AI- Ÿ Awareness Programs: Tech-driven sustainability encourages people to participate in waste reduction powered waste analytics and sorting program. For the learning for impactful employee and other stakeholder activities. implementation of Smart Skan, QR-coded plastic bags transformations. are distributed to households, and only dry waste is Ÿ Circularity Marketplace: A managed marketplace for How do you measure the success of your sustainable collected in these bags. These bags are collected, and recyclables that helps aggregators and recyclers digitally Recykal helps scrap recyclers waste management initiatives? the waste is segregated into different categories at the “ transform their business with AI-driven prediction of and aggregators streamline MRF (Material Recovery Facility) center with Smart material rates, quality, and profitability-driven buyer- Recykal’s unique, integrated approach marks India’s first Skan. Smart Skan is aimed at preventing the seller mapping with fast payment and hassle-free their operations and increase digital circularity and sustainability company that connects contamination of plastic by keeping it separate from logistics. waste generators with waste processors and recyclers, and their revenues, driving quality, wet waste and educating users on the importance of brand owners to solve some of the biggest challenges faced responsible waste management. It induces behavioral We operate in these categories: Plastic, paper, metal, “ trust, and better value for by the industry. Today, we have 210+ brands, 325+ change amongst consumers toward proper waste e-waste, tyre, and batteries. recyclers and co-processors, 10,000+ businesses, disposal, provides information on recycling options, recyclables. 40 41 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

190+ urban local bodies, 3000+ service providers, and employees in sustainability practices and partnering with aggregators associated with us. We have channelized waste management firms that can accelerate the company’s 4,00,000 + MT of material. sustainability efforts. Conducting regular audits and measurements of waste management’s effectiveness to Our efforts for revolutionizing the waste-commerce sector monitor progress and identify opportunities for ongoing with digital innovations led to recognition as a “Technology improvement. By doing so, companies can make a Pioneer” by the World Economic Forum; other honors significant impact on reducing waste and contributing to a include The Economic Times’ Award as India’s Growth more sustainable future. Champions 2023, Excellence in Waste Management as a PRO by the CII 3R Awards and Best Soonicorn by Business How do you envision scaling your organization’s World. Recykal has made the list of Financial Times’ Top services and operations in 2023 and beyond? 500 High-Growth Companies Asia Pacific 2023 with 6th rank, and also listed among the top 5 players in Fast Recykal’s vision is to channel 5% of India’s waste into a Company’s 50 most innovative companies in APAC region, circular economy. We have made inroads into new Recykal’s digital DRS (Deposit Refund System) won the categories like tyres and batteries and aim to grow their Digital India Award 2022 for plastic halting at the holy volume similar to what we have done in plastics, e-waste, pilgrimage site Kedarnath in association with the Govt. of and paper. We plan to implement dDRS in multiple ULBs Uttarakhand. and even a state-level implementation. As an inventive leader, what advice would you give to It can be inferred from the environmental policies enforced other companies looking to implement sustainable waste by developed and developing countries that the volume and management practices? scope of recycling will continue to grow in the next 25 years. Upon achieving the set goals, recycling has the Our advice would be to start small, focus on education and potential to become the thought leader in the clean-tech and communication, leverage technology, and work with sustainability space. industry experts who can guide you toward the best waste management practices and solutions. Companies can embrace circular economy principles that focus on reducing, reusing, and recycling resources to minimize waste generation. Another approach can be, engaging 42 JUNE | 2023 www.insightssuccess.com

Top 10 Sustainable Waste Management Companies to Watch , , We are embarking on a major fundraise which will TEKNTRASH allow us ultimately to develop a smart bin. Changing the Landscape of Sustainability , , Al, please brief us about your journey in the industry and how you have contributed to TeknTrash’s success. hen a certain company’s scrap is properly We live in a data-based world and data has been named the disposed, the chances of them ending up on the ‘new oil’ which makes even less sense. Finally, while we I am a biologist with an MA in Computer Engineering. My W black market are less to none. A company can buy our products from many sources, there is one single father was a diplomat and I’ve lived in countries such as also be confident that its liability will be reduced, that its place where they all eventually end up at, which is the Haiti, so poverty alleviation is something deeply ingrained competitors will not gain an advantage, and that the quality garbage. Thus, being able to locate those products there in me. I founded TeknTrash while living in Barcelona and of its product will stay good. Sometimes, it is difficult to means knowing the entire consumption of an individual, later I came to the UK to promote it. manage and trace the supply chain of the purchase, usage, and that is powerful. and the disposal of a product. But the role of modern Before that, I created companies in USA, UK, Brazil, and technology, especially the likes of AI, can play a vital role Shed some light on TeknTrash’s offerings and how they Spain, sold my first to one listed in Nasdaq, fundraised in in the supply chain. impact the industry and its clients? Silicon Valley, lost everything in another, so it’s been a fun ride. And thus, I am called to help startups with marketing, Al Costa Using certified destruction services, the disposal procedure We believe the recycling model is a failed one, as it only fundraising, and strategy. Founder and CEO can be tracked and secured. This chain of custody ensures punishes if people don’t recycle, but does not reward if they the highest level of professionalism by including do. And because it depends on the sale of materials, which TeknTrash is led by a team of scientists and thus, we do not photographic and video evidence of the destruction. pays little, so it is unable to pay too. The end result is that enjoy the greenwashing that unfortunately is taking place in today 11% of methane in the atmosphere already comes the market. To that end, I brought in Dr Kaveh Madani, Looking at this, TeknTrash, an AI analytics company from trash (and methane is 88 times stronger than CO2 who served as the Deputy Head of Iran’s Department of started to offer its services to deliver the missing link of causing global warming), only 6% of plastic is actually Environment and was Vice President of the United Nations product lifecycle. It uses AI to locate products at disposal recycled, the largest trash dump is actually the Great Pacific Environmental Assembly Bureau, to create a business time and thus obtain real time consumer data. Garbage Patch, etc. model which effectively rewards companies participating in country for 20 years, I saw how it created a biofuel model Stipra with real and accountable carbon credits. that is actually sustainable and widely implemented, as all In the following interview, Al Costa, the Founder and So, we think data is the solution to that problem because it fuel pumps carry ethanol, all petrol carries 27.5% ethanol, CEO of TeknTrash, sheds light on the journey of his is valuable. So, we can reward people for recycling. To that In fact, since garbage produces methane and that is such a ½ of the fleet is flex, etc. And that was created not by the company, its offerings, and the future aspects of the end, we created stipra.com, which is currently the only strong GHG gas, even a single bottle produces enough need to be sustainable and to reduce carbon, but simply GreenTech sector. service that effectively rewards people for proper recycling, carbon to be able to translate into credits, so that means because the country would not have the funds to import oil while providing valuable post-sales data. Regular people companies can obtain carbon credits they can sell in the during the fuel crisis of 1973. Please brief our audience about TeknTrash, its USPs, register at stipra.com and take pictures of their consumer market for using stipra. For example, Tesla makes more and how exactly does it help companies match their products before throwing them in the trash. money from selling carbon credits to its competitors than Thus, we need to look at the financial sustainability of a sales to their effective consumption. actual car sales, so that is a real opportunity for companies. green solution, as that speaks much louder than the ESG Companies then register at corp.stipra.com and consume component, and therefore is more able to bring widespread TeknTrash is an AI and analytics company which obtains that data, geolocating where their products ended up. So, Being an experienced leader, share your opinion on how usage and real ESG benefits. data from trash. We believe that today we recycle this allows consumer product companies know their the adoption of modern technologies has impacted the everything except the most important part, which is the consumers better, encourages proper recycling, and creates green tech space and what more could be expected in In fact, if our leaders could see the clear financial benefit of consumer data a product contains. So, the who, the when, a source of income for vulnerable people. the future? ESG, they would take actions, but they are only presented and the where of a disposed product are important metrics with the pure environmental benefits, so they of course which need to be accounted for, and yet for some reason When it comes to Greentech, I always make a comparison don’t care. So, it’s a poor marketing scheme if you ask me. they are not. with the Brazilian ethanol model. Having lived in that 44 45 JUNE | 2023 www.insightssuccess.com JUNE | 2023 www.insightssuccess.com

Basically, going there, doing the wrong things, talking to Considering the current pandemic, what initial wrong people, closing the wrong deals, etc., and by doing challenges did TeknTrash face and how did you drive that acquiring the expertise, knowledge, techniques, etc. TeknTrash to sustain operations while ensuring the that the best MBA would not be able to provide. Both safety of your employees at the same time? methods lead to success, the only difference is the second takes longer as it requires many more tries, but it is also We may be one of the few companies which were more satisfying due to learning along the way. unaffected from the pandemic, as our operations were already remote, and I plan them to ever be. In this, I always How do you envision scaling TeknTrash’s operations make a comparison with Harry Potter’s Gringotts Bank. and offerings in 2023 and beyond? This bank has no ATMs, APP, online presence, etc. It requires its customers to go to the one and only office for We are embarking on a major fundraise which will allow us any common banking operation such as withdrawing, ultimately to develop a smart bin. This will allow people to depositing, getting a statement, etc. just throw their garbage in one single bag, do the recycling, take pictures of all the products, and reward in stipra.com However, no one today would open an account in a bank the corresponding points. These bins will initially be which requires its customers to go there. On the other hand, deployed in shopping centers, as we believe that the public no one would trust a lot of money to a bank which has no would prefer to go to a shopping center that uses smart bins offices, where one can go and physically speak with a which reward people for their disposed products rather than manager when things go sour. That’s why banks created others that have old and boring garbage cans. ATMs. These are ‘offices’ of sorts where people can do most of their everyday banking operations, and if they In the future, we envision this to become a major player in require something fancier, then they can go to the main one. the recycling industry, as we could take the content of this bins to the recycling centers, charge for that service, and At TeknTrash, we plan to have a similar model. We will they would be glad to pay as the products would already have small offices (ATMs) spread across the UK where much better recycled than through them. So, they would be employees can work, meet, and do usual everyday work. able to sell more paper, plastic, metal, etc. These offices will be of the size of a room with space for up to four people and will allow employees to work at a place Demonstrating Excellence close to their homes, while still physically interacting with other employees. TeknTrash is a finalist to the Red Herring Top 100 Europe competition in 2021. It was selected by the WEF (World They will have an app which allow them to choose the Economic Forum) as one of the three most impactful closest office to wherever they are at the moment, open the technologies, and Euronews chose TeknTrash as #1 door, get a laptop, printer, etc. from some closet, have a Greentech company to watch in 2021. coffee, turn on the heating, etc. For example, if they need to have a meeting with many people, they can choose a larger “So far, we received three grants, so we are making good office or just go to the main one. That way, they don’t need noise and getting recognition. Stipra.com is already to waste their lives away commuting to work and they can capturing data on top products such as Nescafé, Nivea, still feel part of an enterprise instead of feeling like they Pepsi, and even Ikea furniture! So, we are happy overall,” work in solitude of some trappist monastery. Al concludes. What would be your advice to budding entrepreneurs who aspire to venture into the green tech market? The same I always give to any entrepreneur irrespective of area: that there are two ways of succeeding. The first way is by quality: when you do the right thing, talk to the right people, close the right deals, etc. However, that usually requires previous expertise, college education, etc., and that is the main reason why so many people do not try being an entrepreneur. To those, there is a second way, which is by quantity. 46 JUNE | 2023 www.insightssuccess.com

earth S ave by reusing, recycling Waste

Top 10 Sustainable Waste Management Companies to Watch

Top 10 Sustainable Waste Management Companies to Watch

Presentation Transcript

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