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June
Issue: 04
2023
Ecoreco
A Torchbearer of the E-Waste Recycling
Revolution in India and Beyond
B.K. Soni
Chairman & Managing Director
Ecoreco
Top10
Sustainable
WASTE
Management
Companies to
Watch
Greener Future
The Importance of
Sustainable Waste
Management
Sustainable Future
The Role of Individuals
and Businesses in Waste
Management
Top10
Sustainable
WASTE
Management
Companies to
Watch
Editor’s
Note
Distinctive Sustainable
Waste Managers
ustainable waste management has undergone
significant advancements and transformation in
recent years, marking a crucial turning point in our
collective efforts toward a greener and more
sustainable future. These advancements have revolutionized
traditional waste management practices, paving the way for
innovative solutions that prioritize environmental
conservation and resource efficiency.
One notable advancement is the increased emphasis on
waste reduction and prevention. Rather than solely focusing
on waste disposal, sustainable waste management now
places a strong emphasis on reducing waste at its source.
This shift in mindset has led to the adoption of practices
such as product redesign, packaging optimization, and
promoting the sharing economy, which helps minimize
waste generation and promote a circular economy model.
Another significant transformation lies in the field of
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.
In addition to recycling, waste-to-energy technologies have
gained momentum as a sustainable alternative. Through
processes like anaerobic digestion and gasification, organic
waste and non-recyclable materials can be converted into
renewable energy sources, reducing reliance on fossil fuels
and minimizing greenhouse gas emissions.
Collaboration and partnerships have also played a pivotal
role in the transformation of sustainable waste management.
Insights Success takes pride in bringing forth a platform
through its latest edition – Top 10 Sustainable Waste
Management Companies to Watch, with provisional
stakeholders from various sectors, including businesses, and
communities, working together to develop comprehensive
waste management strategies. This collaborative approach
ensures that expertise, resources, and innovative ideas are
combined to address the complex challenges of waste
management effectively.
-PrashikD.Bombarde
S
ECORECO
A
Torchbearer
of
the
E-Waste
Recycling
Revolution
in
India
and
Beyond 08
C O V E R S T O R Y
26 36
Articles
Greener Future
The Importance of
Sustainable Waste
Management
Sustainable Future
The Role of Individuals
and Businesses in Waste
Management
ECOWARE
Saving the World One Package at a Time
22
FLAME UK
Sustainable Solu ons for a Greener Future
30
Empowering a Sustainable
Future through Digital
Recycling Solutions
RECYKAL
38
TEKNTRASH
Changing the Landscape of Sustainability
44
C
O
N
T
E
N
T
S
sales@insightssuccess.com
JUNE, 2023
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Research Analyst Helena Smith
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Business Development Manager
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Assistant Technical Head
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CREDITS
Devin Goss
Chief Execu ve Office
BluPlanet Recycling Inc
bprecycling.ca
BluPlanet Recycling
delivers customizable
recycling, organics, &
garbage systems to make
waste diversion simple &
easy.
Pam Knight
Managing Director
Flame UK
flameuk.co.uk
Flame UK is a facili es
management company
providing sustainable
solu ons for waste, energy
and water. It provides
bespoke waste management
and recovery strategies that
enable businesses to
become more sustainable
and reduce costs.
Jay Baker
Owner/Operator
Infinite Disposal
infinitedisposal.com
Infinite Disposal is a local
waste pickup company in
Colorado Springs,
servicing residen al and
commercial trash and
recycling.
Company
Featuring
Brief
Company
Featuring
Brief
Company
Featuring
Brief
Al Costa
Founder and CEO
TeknTrash Inc
tekntrash.com
TeknTrash is an AI+analy cs
company which developed
S pra: a so ware which
manages post-sales data for
companies to understand
consumer pa erns.
Ron Mi elstaedt
CEO
Waste Connec ons
wasteconnec ons.com
Waste Connec ons is an
integrated services
company that provides
solid waste collec on,
transfer, disposal and
recycling services to local
residents and businesses
throughout the U.S. and
Canada.
Robert Boucher Jr
President and CEO
Win Waste Innova ons
win-waste.com
WIN Waste Innova ons is a
waste management
company commi ed to
delivering essen al waste
management solu ons to
customers and communi es
supported by our team of
1,900 employees.
James Calver &
Alex Magaraggia
Co-founders
Ecoware
ecoware.co.nz
Inspired by the principles of
a circular economy, Ecoware
wants food and food
packaging waste to be
returned to the soil with
zero waste systems and
sustainable prac ces,
achieving diversion from
landfill.
Abhay Deshpande
Founder & CEO
Recykal
recykal.com
Recykal connects waste
generators, waste
aggregators, and waste
recyclers to solve challenges
like a demand-supply
mismatch and lack of
transparency and
traceability.
Cindy J. Miller
President and
Chief Execu ve Officer
Stericycle
stericycle.com
Stericycle suite of essen al
services helps our clients
properly dispose of
poten ally harmful medical
waste, shred confiden al
informa on, and protect
their trusted pa ent and
customer rela onships.
B.K. Soni
Chairman & MD
Ecoreco
ecoreco.com
Eco Recycling Ltd (Ecoreco)
is India's first and leading
professional E-waste
Management Company that
has set industry
benchmarks me and again
with its innova ve &
environment friendly
disposal prac ces.
B.K. Soni
Chairman & Managing Director
Ecoreco
Top 10 Sustainable Waste Management Companies to Watch
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.
,,
Cover Story
,,
Ecoreco Paves the Way Towards a Greener India by
Impacting Ecology, Sustainability, and Circularity!
tepping into the digital age, technology has become
Sintegral to our lives. Yet, with each new device
comes an accumulation of outdated ones that are no
longer functioning, leading to an international e-waste crisis
that is often disregarded by those who are distant from the
matter. In actuality, many are unaware of the magnitude of
e-waste produced annually and how much of it is discarded
into landfills or incinerated, and its hazardous impacts on
the environment.
Ecoreco aims to change it all.
Ecoreco is an industry-leading company that is dedicated to
sustainability and environmental protection. They reclaim,
process, and recycle e-waste from around the globe and
have developed an innovative approach for reusing and
repurposing waste into valuable materials.
As India’s premier e-waste management company, they set
the standard for responsible disposal practices. Recognizing
the need for safe and responsible solutions for e-waste
management, it is a reliable partner for all your e-waste
management requirements. Committed to sustainability,
Ecoreco strives to go above and beyond to protect our
planet.
Being a pioneering force in the quest for a greener, more
sustainable world. It has set a blueprint for turning waste
into usable products and creating jobs that protect our
planet. By introducing innovative technology and working
with the community, It is proving that businesses can have a
positive impact on both the environment and its people.
Through this story, we wish to be an impetus for others to
take action similar to Ecoreco and become the force for
positive change in the world.
To understand their tactics and journey, we had the
pleasure of sitting with B.K. Soni and having a delightful
conversation!
Protecting the Environment for a Sustainable Future
Ecoreco, India’s pioneering E-waste Recycling Company,
started in January 2005 and introduced the concept of
electronic waste management in the country. Prior to this,
informal scrap merchants were responsible for collecting
and dismantling e-waste.
As the only company in the WEEE industry in India listed
on the Bombay Stock Exchange, it is dedicated to
safeguarding the environment and ensuring a sustainable
future. Moreover, they have been authorized by the
government to manage e-waste recycling services under the
Environment Protection Act and the E-waste
Management Rules, with a mission to help protect the
environment and ensure a sustainable future for all.
Reusing and Reducing are integral parts of life in India,
where per capita income is usually low. After multiple uses,
people often sell their discarded items to informal waste
workers for money. Unfortunately, because of a lack of
knowledge or access to technology, these informal players
are unable to properly recycle these items and take care of
the ecology and environment. This is where Ecoreco has
come in, introducing a third R, Recycling, which has been
missing from the equation. With its innovative and
sustainable solutions, it can now ensure that these discarded
items are recycled to help preserve our planet.
B. K. Soni was lucky enough to participate in a number of
Conferences & Exhibitions in the USA, UK, Germany, and
other countries, wherein he had the opportunity to interact
with and gain insight from a variety of prosperous global
recyclers who generously shared their knowledge and
expertise, even allowing him to visit their facilities. This
cumulative knowledge enabled the founding of India’s first
professional e-waste management company, Ecoreco, in
Mumbai. Proud to state that Ecoreco strictly adheres to all
legal and environmental regulations - both within their
facility and while performing tasks on clients’ sites - they
have also introduced several cost-effective and eco-friendly
technologies and methodologies. This is what makes
Ecoreco stand out from the rest.
B.K. Soni: Turning Vision in to Reality
B.K. Soni is the Chairman and Managing Director of Eco
Recycling Ltd (Ecoreco) and the driving force behind the
company’s success. With Mr. Soni’s leadership, Ecoreco
has become India’s leading e-waste management company
with a strong presence across the nation. He is focused on
developing strategic growth initiatives and building a
talented team of professionals. After establishing a strong
B2B segment, Mr. Soni is now working on expanding the
B2C model to reach individual generators of e-waste and
familiarise them with the benefits of scientific recycling and
its direct benefit on the health of all.
We believe in the principle of
‘Environment Friendly-
Customer First,’ and this is
evident in the fact that clients
such as MNCs, NBFCs, So ware
Giants, and IT-Telecom-White
Goods Producers have
consistently chosen Ecoreco to
provide services for the last
two decades.
,,
,,
Recognized as a visionary and expert in
e-waste management, Mr. Soni was one
of the first to identify the potential of the
Indian E-waste Management industry back
in 2005. Since then, he has been responsibly
leading the growth of the industry and
introducing global best practices in India. As a
pioneering thought leader in e-waste management,
his insights and expertise are often sought after by
industry players, policymakers, regulators, and
government functionaries. Mr. Soni is truly at the
forefront of the Indian e-waste management industry.
He is an esteemed Cost Accountant from The Institute of
Cost Accountants of India (ICMAI). He has been actively
engaged with various industry associations, as well as part
of the Expert Group on E-waste Management constituted by
the Maharashtra Pollution Control Board. His keen intellect
and outstanding moral character fuel his belief that India
can be a leader in e-waste management; due to economical
recycling costs, capacity utilization can be maximized.
India produces an estimated 3 million M.T. of e-waste each
year, with the potential to reach 5 million MT by 2025.
Shashank Soni
Director
Eco Recycling Ltd
Ecoreco recognizes the expanding
demands posed by this growing volume
and is committed to providing dynamic
solutions to take advantage of the urban
mining of natural resources from WEEE.
Ecoreco’s State-of-the-Art WEEE Recycling
Facilities
Ecoreco’s WEEE Recycling facility offers a
comprehensive end-to-end process for e-waste. Certified
by the Central Pollution Control Board and authorized by
the Maharashtra Pollution Control Board as India’s very
first recycling Company, this secure procedural guarantee,
environmental protection, and maximum resource recovery
from electronic devices at the end of their life.
Ecoreco is a member of the Material Recycling Association
of India (MRAI), the largest representative body of
Recyclers in India with more than 1200 Members. Mr. Soni
is also a Director on the MRAI Board. Ecoreco’s WEEE
Recycling processes are ISO 9001, 14001, OHSAS 18001,
They treat Environment
Protec on Responsibility and
Ci zens’ Social Responsibility
as tools to transform the
current prac ce of selling
e-waste for monetary gain a
nd spending several mes m
ore on medical expenses.
,,
,,
27001, and R2 accredited. Leveraging its own technology
for recovering precious metals, Ecoreco can extract
valuable materials such as copper, aluminum, silver, and
gold from complex electronic scraps.
The facility boasts a cutting-edge de-manufacturing line,
integrating both automated and manual methods for sorting,
dismantling, and shredding e-waste. Ecoreco’s services
consist of: • Decommissioning of WEEE & Documentation
• Packing & Transportation • Data Destruction off-site •
ITAD Services • Data Destruction on Wheels on-site • E-
waste Recycling • Lamp Recycling • Skill Development •
BookMyJunk Mobile App • Install Collection Boxes • Set
up Collection Centers • Collection Vans • Recycling on
Wheels-SmartER • Assisting EPR, CSR & ESG Obligated
Corporates • Provide services in more than 100 Countries to
Global Clients.
Clients of Ecoreco trust for sure that their environmental
compliance and data security are in safe hands. With
Ecoreco as their partner, clients can be rest assured that
their business is fully compliant and their reputation is
secure, providing the assurance that their environmental
requirements and data security are in the safest of hands.
Ecoreco’s unique Data Destruction on Wheels Facility,
which has been up & running since 2008 and has won Gold
Medal from DST, Lockheed Martin & FICCI provides all
three services of Delete-Degauss-Destroy on & off-site and
provides on-the-spot proof of destruction with complete
details of the devices destroyed is availed by several BFSI,
MNCs, & others across the nation.
Ecoreco’s “Recycling on Wheels-SmartER” Program
Ecereco is dedicated to safeguarding the environment and
preserving natural resources. To guarantee a superior
quality of air, water, and soil, they advocate setting up
additional recycling centers to decrease the amount of
waste. Their main focus is to relentlessly strive for
environmental sustainability and support responsible
resource management.
Ecoreco has taken a giant stride in helping to achieve the
desired goal of proper e-waste management with the launch
of its “Recycling on Wheels-SmartER” program. This
innovative solution takes care of “Training-Transport-
Technology on Board” by providing informal workers with
the necessary upskilling, transport for e-waste and the
ability to shred e-waste on board, as opposed to their
current pollution-causing practices.
This latest innovation by them has been recommended in
the Advisory for E-waste Management issued by the Office
of the Principal Scientific Advisor-PSA (Under the Prime
Minister’s Office in India) to the Smart Cities.
Ecoreco recently received the most “Prestigious
Recognition and Certification” when Prime Minister, Shri
Narendra Modi, mentioned Ecoreco and its innovative
mobile application BookMyJunk in his latest Mann Ki Baat
(Monthly radio communication with the nation) on January
29, 2023. This is an incredible accomplishment and a
testament to the hard work, dedication, and commitment of
the Ecoreco team.
Revolutionizing India’s E-Waste Recycling Industry
The growth and progression of the e-waste recycling
industry in India have been intrinsically linked to Ecoreco,
a leader in paving the way for the e-waste recycling
revolution. Ensuring the secure and safe disposal of e-waste
has a direct, beneficial effect on the environment, ecology,
sustainability, and circularity. In today’s world, no country
can contemplate resource sustainability without recycling
and circularity. Therefore, Ecoreco has become an
indispensable part of the e-waste recycling industry in India
and will always be remembered for instigating this
revolution.
In 2007-08, the Maharashtra Pollution Control Board
formed an Expert Group of 7 Members, with B. K. Soni as
the only Member representing the E-waste recycling
industry amongst Government and NGO Members. Four
years later, the MMRDA (Maha Mumbai Regional
Development Authority) invited bids for the setting up of an
E-waste Recycling Facility in Mumbai. Of the 17 entities
that took part in the pre-bid meeting, Ecoreco emerged as
the only successful bidder that satisfied the Technical
criteria of the tender.
Since April 2008, the introduction of the first E-waste
Guidelines in India and the subsequent E-waste
Management Rules from 1st April 2023, Mr. B. K. Soni has
actively championed provisions that benefit the industry.
His commitment to responsible e-waste disposal has been
key in advancing sustainability for the future.
The time is near when India’s stakeholders will recognize
and appreciate the revolutionary program launched by
Ecoreco. This program encourages end users to dispose of
their “E-waste Not for Money, but for the Environment.” To
make this process easier and more convenient, they have
launched the BookMyJunk Mobile App, and a fleet of
vehicles is traveling across Mumbai’s roads to collect and
scientifically shred e-waste right at the user’s doorstep to
avoid misuse of data, resale of devices, devices of arm
forces, Tax Authorities, safeguarding proprietory
technologies etc. Join us as we strive to make India’s
environment healthier and greener.
Ensuring Safety and Security in the Waste Management
& Recycling Industry
In the same way that other industries require safety
measures, the waste management and recycling sector is no
different. Recycling is an industry and needs to be treated as
such. Thus, relevant safety guidelines must be adhered to.
This includes ensuring efficient, safe, and secure recycling
processes, safety equipment, health insurance, a clean and
safe environment, protected machinery, regular repairs and
maintenance, subject matter training, mock drills, fire
fighting training, and first aid assistance. These precautions
guarantee that the recycling processes are effective, safe,
and secure.
Overcoming Challenges to Revolutionize Electronic
Waste Recycling
Four major challenges have been and will continue to be
present in this industry for years to come. He calls them the
4Ls – Legislation, Liability, Logistics, and Liquidity.
1. Enforcing stricter adherence to the Legislation and
Rules among the 1.4 billion people in the country is not
a simple task. Businesses, producers, and other end
users are expected to comply with these standards.
2. The primary liability of collecting and recycling e-
waste falls to producers under the Extended Producer
Responsibility (EPR) regime. Despite this,
environmental and ecological concerns remain due to
the ongoing informal activity.
Eco Recycling Ltd (Ecoreco) is
India’s first and leading
professional E-waste
Management Company that has
set industry benchmarks me
and again with its innova ve
& environment-friendly
disposal prac ces.
,,
,,
3. Logistic costs, including those
for recycling, are a significant
factor in the overall costs of
recycling, making it difficult for
developed countries to recycle low-
value items and for developing
countries to formalize e-waste
management. This is the major reason why
the situation remains challenging.
4. Liquidity (Investment readiness) in the sector
is still not viewed as a necessity in terms of
societal and environmental responsibility.
Revolutionizing India’s Recycling Industry
Through their commitment to innovation, they have
developed the most suitable and efficient techniques and
technologies to provide affordable local solutions for both
individuals and businesses. Their tailored solutions are
designed to ensure people get the most value from their
e-waste while also helping to safeguard the environment.
With their commitment to revolutionizing India’s recycling
industry, they are working hard to make sure everyone has
the opportunity to contribute to a greener future.
With their unwavering commitment to raising awareness
and making a positive impact in their industry, they have
invested heavily in Awareness Cum Action Drives,
including the installation of Eco-Bins, Collection Centers,
and Talk Shows. As a result of their efforts, the industry has
experienced a higher level of understanding and a greater
commitment to sustainability. Their dedication and hard
work have ensured that their industry continues to prioritize
sustainability and environmental well-being.
They treat EPR (Environment Protection Responsibility)
and CSR (Citizens’Social Responsibility) as tools to
transform the current practice of selling e-waste for
monetary gain and spending several times more on medical
expenses. By encouraging responsible disposal of e-waste,
they strive to reduce environmental damage and create a
healthier society. This is a sustainable approach that has not
only a positive impact on the environment but also benefits
citizens and businesses alike.
Fulfilling Socio-Environmental Responsibilities
Ecoreco was set up with the mission to deliver on the social
and environmental duties of its customers. Their
‘Environment Friendly-Customer First’ mentality is what
has allowed them to be successful for the last two decades,
with clients ranging from MNCs, NBFCs, Software Giants,
and IT-Telecom-White Goods Producers choosing them for
their services. This core principle is the driving force
behind Ecoreco’s existence.
If readers broaden their vision to look beyond customer-
specific compliances, they will agree that the role of the
Waste Management and Recycling Industry is currently the
most significant, not only for safeguarding our environment
from un-environmentally friendly hazardous waste handling
but also for recycling and replenishing otherwise depleting
natural resources for a cleaner and greener climate and
sustainable future.
Transform India’s Waste Management Scenario with
Ecoreco
Ecoreco and its 100% subsidiary, Ecoreco Enviro Education
Pvt Ltd, are committed to two important CSR projects in
India - Waste Management and Skill Development.
Through their partnership with the National Skill
Development Corporation, Government of India, they
provide comprehensive Skill Development Courses to
Informal Waste Workers and Aspirants who see great
,,
,,
The me is near when India’s
stakeholders will recognize
and appreciate the
revolu onary program
launched by Ecoreco. This
program encourages end
users to dispose of their
“E-waste Not for Money, but
for the Environment.
potential for a career in the Waste Management &
Recycling Industry. These courses are designed to give
participants the best possible training and education in these
fields.
Soni is convinced that until Waste Workers (domain
experts) understand their obligations to Health-Safety-
Environment and how to address these issues, there will be
no significant change in India’s Waste Management and the
pollution it causes. Ecoreco suggests its clients to dedicate
some of their Corporate Social Responsibility (CSR) funds
for waste management & upskilling, over and above its
typical profit making investments in Health and Education.
By doing so, they can make sure that the Waste Workers
have the resources required for a brighter and cleaner
future.
From E-Waste Recyclers to Environment-Conscious E-
Waste Warriors
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
the E-waste Management industry. In addition, many of
these innovations have been adopted by their competitors.
For the past 18 years, Ecoreco has remained at the forefront
of environmental responsibility, providing reliable and
dependable services that meet the ever-evolving needs of its
clients. Their commitment to excellence has enabled them
to continually exceed expectations. They take pride in the
trust their clients place in them.
The “Junk Se Jung” campaign, part of BookMyJunk’s 5-
year plan, seeks to transform Money Conscious E-waste
Sellers into Environment Conscious E-waste Warriors by
2028. To assist this mission, a free mobile app (available for
iOS and Android) and website, www.bookmyjunk.com, has
been created to enable citizens and businesses to register
and get e-waste collected from their doorstep and that too
free of charge.
BookMyJunk aims to support 5 million Environment
Conscious E-waste Warriors every year through its mobile
app and 100 “Recycling on Wheels-SmartER” Facilities.
These facilities have been recommended for implementation
by the Office of the Principal Scientific Advisor (PSA) to the
Smart Cities of India and have been tested, trusted and foud
to be trouble-free.
Ecoreco’s Powerful Reverse Logistics System
Ecoreco has a fleet of trucks and containers, in addition to
partnerships with top logistics companies to support its
mission of returning raw materials to industries without
further depletion of mines. This powerful reverse logistics
system will encourage the formal recycling of e-waste, thus
making them confident that this mechanism will stop
informal and hazardous disposal, protecting human health
and the environment.
Hence, it is committed to expanding its collection points
spread over to the nation in an organized fashion. To meet
EPR obligations, it provides a three-tier architecture with
last-mile collection points, city-level dismantling centers
and national-level recycling centers. As the first Indian
company, they are aiming to create a unified reverse
logistics network to ensure the efficient collection of e-
waste from end consumers nationwide.
Secure Your Data
Handover of Data Devices, such as Hard Drives, Media
tapes, Flash drives, etc., is a major challenge for any
organization when disposing I.T. Equipment. These Data
Devices contain confidential information of the company,
its clients, and personal/ secret information of staff, thus
requiring the complete sanitization or destruction of all data
before handing over.
Thus, their world-class services of data deletion,
degaussing, and destruction help clients eliminate fear, meet
their data security policies, and provide tailored solutions
for data destruction. Utilizing their innovative onsite mobile
shredding facility, clients can be sure that their confidential
data is destroyed 100% and that they are safeguarded
against data leakage. In this way, their comprehensive
services of data destruction offer clients peace of mind,
safeguards them from paying millions of dollars as penalty
and assurs that their data is completely destroyed and
beyond recovery.
Partnering with Ecoreco to meet EPR Obligation
Ecoreco develops customized e-waste collection &
recycling systems incorporating Awareness Drives,
Evidence-Based Collection, Mobile App for seamless order
for collection, Collection Boxes, Door to Door Collection
Vans, etc., that strike the ideal balance between cost,
convenience, and compliance. Its incredibly effective take-
back and recycling program, which is adapted to the
demands and specifications of various producers and
manufacturers, guarantees the appropriate handling of end-
of-life electronic devices. They contribute to the
development of the ideal e-waste recycling program using
their skills and knowledge.
Furthermore, the recycling and disposal methods used by
them aim to protect the environment and public health from
any potential problems resulting from poor e-waste
management. Hence, they assist their clients in maintaining
their position at the top and achieving excellence through
their cutting-edge e-waste recycling facility and procedures
that adhere to international environmental standards, their
CSR, EPR & ESG initiatives.
Serving Global Clients in 100+ Countries
Providing excellent services to telecom, I.T., medical
equipment manufacturers, the BFSI segment, the software
industry’s leading companies and more, they are actively
present in over 100 countries via their reliable recycling
partners. These partners are fully compliant with local
regulations and work towards helping their customers attain
their sustainability objectives while minimizing their
environmental impact. Through their worldwide presence
and quality service, they are devoted to making the planet a
better place.
Potential Opportunity
With the stricter implementation of the EPR Regime in
India, the demand of E-waste Recycling Services in India is
growing very rapidly. Ecoreco is enhancing infrastructure,
advanced technologies for ITAD, Data Destruction,
Recycling, Refining, Reverse Logistic and Automation to
accommodate the growing expectations of its current and
new clients.
Ecoreco is open to discuss with global Recycling & ITAD
Companies for Joint Venture & Strategic Investors to raise
funds for both organic & inorganic growth to participate in
this $ 4 billion industry in India, having potential to grow
far rapidly because of incremental demand of digital
devices and digitisation in the World’s fastest growing
economy.
Awards and Recognition
Ÿ The only E-waste Recycling Company to win a Gold
Medal from the Department of Science & Technology,
FICCI, Lockheed Martin, USA.
Ÿ The only E-waste Recycling Company to win the
prestigious Business Plan award from CII/ NVI/ WRI.
st
Ÿ The 1 E-waste Recycling Company to win the
Environment and Clean Energy Track award from
Sankalp.
st
Ÿ The 1 E-waste Recycling Company to win the Niche
Market Player Award from Frost & Sullivan.
Ÿ Award for the best E-waste Recycling Company.
The way of business solutions
Global
Subscrip on
Choose
Excellence,
Choose
Ecoware
Ecoware
Saving the World One Package at a Time
There is a rule of nature, ‘What
comes from the earth goes
back to the earth.’ Mother
earth—encompassing every living and
non-living thing—functions on this
principle. She creates life and
consumes it too. But one thing that the
earth can’t consume is plastic – the
human invention that is changing the
biological balance of the earth.
From a plastic cup to food packaging,
everything is plastic, and unfortunately,
most of it is non-degradable. Hence, it
is essential to reduce the plastic usage
for a sustainable future.
This necessity led to the rise of
eco-friendly product companies which
offer alternatives for the plastic
products. One of the leading names in
that list is Ecoware, which provides
sustainable plant-based food and
beverage packaging solutions that are
affordable and superior in quality.
The Success Story
A decade ago, Alex Magaraggia and
James Calver two young
entrepreneurs commenced on a journey
by founding Ecoware – a dynamic and
innovative packaging brand that is
purpose lead.
“We are on a mission to change the
way the world views packaging by
removing virgin plastics from supply
chains and reducing waste to landfill.
We have done this by using the world’s
most innovative plant-based raw
materials, to design and develop
elegant, low emission packaging that is
designed to be composted
post-consumer use.”
Being first to market, some 11-12 years
back with advanced raw material
technology that challenged the
well-established plastic industry was
by no means a small task for the
co-founders.
Alex and James, with a small team
around them, spent years knocking on
doors explaining to prospects that this
was indeed the future of the industry.
Top 10 Sustainable Waste Management Companies to Watch
They were laughed out of board rooms,
told to ‘get real’ and more importantly
said ‘NO’, for the first five or so years.
It was a challenging task for the
co-founders. They viewed No as YES,
so they kept turning up and refining
their product and brand. It took
approximately five years for the tide to
turn, and then, it was only forward.
Ecoware went from only certified
compostable hot cups and lids, to
having a comprehensive range using a
handful of different certified raw
materials.
Ecoware now has over 500 SKU’s and
provides an environmental solution for
any takeaway (food and beverage)
environment. Its range enables the
clients to make their customers proud.
“It’s not just the packaging that the
clients change, it’s their full brand
story and their marketing
strategy – after all, sustainability is
now ingrained in every corporate
decision moving forward,” the
co-founders expressed.
The past couple of years have seen
exponential growth and a shift of
attention towards a global
market – Ecoware believes that its
brand and product offering should and
will be recognized as a true global
leader in the years to come. The
company’s products are currently
available in 12+ countries. It has some
exciting projects that will be deployed
in 2022 to target global growth.
Going Green through Technology
Alex and James were keen on using the
technology to embrace the way in
which the business can be approached.
Having a mutual understanding, they
thought instead of thinking, lets hire
another person to implement
technology and systems. Every
company in today’s climate should be
at a minimum investing of $1 in
technology, for every $1 they invest in
people. “It’s what we believe is
required to remain competitive, and
more importantly become more
efficient at a lower cost,” said James.
Green industry is yet to be completely
disrupted by AI, but it can play a
crucial role in near future. The duo is
of the opinion that if they can teach
their staff to think this way, they can
have a very powerful offering moving
into the next decade as real
opportunities start to present
themselves as the market matures.
We are on a
mission to change the
way the world views packaging
by removing virgin plastics
from supply chains and
reducing waste to
landfill.
Alex Magaraggia
Co-founder
James Calver
Co-founder
www.insightssuccess.com
JUNE | 2023 23
Facing the Pandemic
There is a famous quote in business
world, “expect the unexpected.” That
said, the unexpected continues to
develop and the challenges one would
never dream about continue to press
companies globally. Keeping this in
mind, problems can also be viewed as
opportunities – and that is the way the
duo view problems at Ecoware.
What is the opportunity of solving this
problem? There is no one denying the
fact that global supply chain is under
serious and real cost and delivery
pressure. Ecoware was no exception to
this. Throughout the past 18 months,
the company has been hit with global
sea freights increasing over 500%,
along with delay and missed
connections.
James said, “It is essential as a leader
during times like this, you put yourself
in your customers shoes – when you
do, you realize that customers are your
number one priority. We have done
everything we can, sacrificing profits to
put people first.” He believes that when
the pandemic will come to an end,
Ecoware will be somewhat more future
proofed.
Envisaging a Green Future
While Ecoware services over 4000+
domestic customers and have replaced
approximately 1.4 billion units with
low emission, sustainable solutions in
NZ, in the upcoming years, the
company is looking at the globe for
expansion. “We will continue to grow
our global territories that we currently
operate both organically as the world
craves sustainable solutions, and also
with some investment into those
countries that are already taking off,”
explained James.
Having done extensive market research
with the third party govt assistance,
team Ecoware is focused on the North
American and the European markets as
key growth areas. In the world that is
moving and changing rapidly,
innovation is the catalyst to growth.
Ecoware’s growth strategy will be
continuous development and
deployment of unique and specialized
compostable food packaging being
brought to market. “There is no such
thing as finished, or standing still, one
must keep moving and moving because
the best is yet to come!” says the
leadership team.
www.insightssuccess.com
JUNE | 2023 24
Greener Future
In our modern world, the management of waste has become a
critical issue that demands immediate attention. With rapid
population growth and increasing industrialization, the
generation of waste has reached unprecedented levels. The
improper handling and disposal of waste can lead to severe
environmental and health consequences. However, by adopting
sustainable waste management practices, we can pave the way
towards a greener and more sustainable future.
Further, we’ll explore the importance of sustainable waste
management and its positive impact on the environment, public
health, and the economy!
Environmental Conservation and Preservation
One of the primary reasons why sustainable waste management
is crucial is its contribution to environmental conservation and
preservation. Improper waste disposal methods, such as
landfilling and incineration, release harmful substances into the
air, soil, and water, leading to pollution and degradation of
natural resources. By implementing sustainable waste
management techniques like recycling, composting, and waste
reduction, we can minimize the negative environmental impact
of waste and preserve our precious ecosystems.
Recycling plays a vital role in sustainable waste management. It
involves the collection, sorting, and processing of recyclable
materials, such as paper, plastic, glass, and metal, to produce new
products. By recycling, we reduce the demand for raw materials,
The
Importance
ofSuainable
WASTE
Management
www.insightssuccess.com
JUNE | 2023 26
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
trimmings, can be converted into nutrient-rich compost
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
landfills and promoting composting, we not only reduce
methane emissions but also promote healthier and more
sustainable agricultural practices.
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
sources, and the release of hazardous substances into the
environment. By implementing sustainable waste
management practices, we can mitigate these risks and
protect the well-being of communities.
One of the key elements of sustainable waste management
is proper waste segregation. By separating different types of
waste at the source, such as recyclables, organic waste, and
hazardous materials, we can ensure that each type is
appropriately handled and treated. This prevents cross-
contamination, reduces the risk of accidents and spills, and
enables effective recycling and disposal processes.
Moreover, sustainable waste management practices, such as
landfill design and operation, help minimize the potential
for groundwater contamination. Landfills engineered with
protective liners and leachate collection systems prevent
harmful substances from seeping into the soil and polluting
groundwater sources. By safeguarding our water resources,
we can maintain public health and ensure the availability of
clean drinking water for future generations.
Economic Benefits and Resource Efficiency
Implementing sustainable waste management practices also
brings about significant economic benefits and promotes
resource efficiency. Traditional waste management
methods, such as landfilling and incineration, are often
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JUNE | 2023 27
expensive and resource-intensive. In contrast, sustainable
waste management approaches offer more cost-effective
and efficient solutions.
Recycling, for instance, creates economic opportunities by
generating jobs in the collection, sorting, and processing of
recyclable materials. It also stimulates the growth of
recycling industries and encourages innovation in waste
management technologies. By embracing recycling,
communities can reduce waste management costs and
divert valuable materials from landfills, thus preserving
natural resources and reducing the need for costly
extraction and production processes.
Additionally, sustainable waste management practices help
in conserving energy and reduce carbon emissions.
Recycling and waste-to-energy technologies, such as
anaerobic digestion and waste-to-energy incineration,
harness the energy potential of waste materials. By
converting organic waste into biogas or generating
electricity from the combustion of non-recyclable waste, we
can reduce reliance on fossil fuels and contribute to a more
sustainable energy mix. This not only helps combat climate
change but also creates opportunities for renewable energy
production and reduces greenhouse gas emissions.
Sustainable waste management promotes resource
efficiency by encouraging waste reduction and reuse. By
implementing waste prevention strategies, such as
promoting reusable products, encouraging packaging
redesign, and supporting the sharing economy, we can
minimize the generation of waste at its source. This not
only conserves natural resources but also reduces the
environmental impact associated with the extraction,
manufacturing, and transportation of new goods.
Education and Awareness
Education and awareness play a pivotal role in driving
sustainable waste management practices. By promoting
environmental literacy and raising awareness about the
importance of waste reduction, recycling, and proper
disposal, we can empower individuals and communities to
make informed decisions and take responsible actions.
Educational campaigns can target different audiences, from
schools and households to businesses and industries,
highlighting the benefits and practicalities of sustainable
waste management. Providing information on recycling
programs, composting techniques, and hazardous waste
-P.D.Bombarde
disposal options can help individuals understand their role in
waste management and inspire them to adopt eco-friendly
practices.
Moreover, incorporating waste management education into
school curricula can instill environmental consciousness in
future generations. By teaching children about the
environmental impact of waste and the importance of
sustainable practices, we can cultivate a culture of
responsible waste management from an early age.
Government Policies and Collaborative Efforts
To achieve a greener future through sustainable waste
management, it is essential for governments to enact
supportive policies and regulations. Governments can
incentivize recycling and composting initiatives, promote
extended producer responsibility, and implement waste
reduction targets. By providing financial incentives, tax
benefits, and grants, governments can encourage businesses
and industries to invest in sustainable waste management
infrastructure and technologies.
Collaborative efforts between government, industry, and
civil society are also crucial. Partnerships and collaborations
can foster innovation, knowledge sharing, and resource
pooling, leading to more effective and efficient waste
management systems. Engaging stakeholders from different
sectors can generate creative solutions, address challenges,
and ensure the implementation of comprehensive waste
management strategies.
To Conclude,
The importance of sustainable waste management cannot be
overstated. It offers numerous benefits, including
environmental conservation, public health and safety,
economic advantages, resource efficiency, and the promotion
of education and awareness. By adopting sustainable waste
management practices at individual, community, and
governmental levels, we can pave the way toward a greener
future. It is crucial that we prioritize the implementation of
sustainable waste management strategies to safeguard our
environment, protect public health, and create a sustainable
and prosperous society for generations to come.
www.insightssuccess.com
JUNE | 2023 28
s our planet faces increasing
Aenvironmental challenges, more and
more businesses are realizing the
importance of adopting sustainable
practices. The shift towards
sustainability is not just a trend but a
necessity for the survival of our planet and future
generations. Companies across industries are looking for
innovative solutions to minimize their environmental
impact and create a more sustainable future.
Leading the charge in this initiative is Flame UK, a top-tier
facilities management firm that specializes in sustainable
waste, energy, and water solutions. Through their
customized waste management and recovery approaches,
they equip enterprises with the tools to adopt sustainability
practices and save on expenses.
At the helm of Flame UK is the dynamic and visionary
Managing Director, Pam Knight. Under her leadership,
Flame UK has become a trailblazer in the field, offering
comprehensive services that enable businesses to achieve
their carbon neutrality goals.
Flame UK stands out from the competition due to its
exceptional ability to design customized waste management
systems that not only decrease carbon emissions but also
increase resource recovery. By utilizing state-of-the-art
technology, they optimize waste collections and identify the
most effective disposal methods, resulting in a substantial
decrease in environmental impact. Their area of expertise is
serving intricate and multi-faceted businesses by
streamlining their systems with a unified approach. With
Flame UK as their partner, businesses can benefit from
having a solitary supplier, a dedicated account manager, and
streamlined invoicing. This simplified process not only
makes operations more efficient but also enhances cost-
effectiveness and accountability.
Flame UK’s pioneering approach to waste management and
sustainability is revolutionizing the industry, setting a new
standard for businesses across the board.
Join us as we explore the intricate process of managing
waste at Flame UK!
Please give us a brief description of your company, its
objectives, and the most important factors contributing
to its success.
Flame UK provides businesses throughout the UK with
sustainable waste and energy solutions. As a carbon-neutral
business ourselves, we aim to support our customers on
their own journeys to become more sustainable. Established
in 2015, Flame UK has gone from strength to strength,
achieving significant growth and securing contracts with
large national clients, securing our position as one of the
key players in the waste management sector.
Kindly brief about yourself and your motivational
journey until your current designation at your
company?
My main motivation was set up to create a sustainable
future for my three sons. I wanted to create a business
where they could participate, grow, develop, and succeed if
they chose to. With my banking background, expertise in
the waste sector, and personal guarantees, I worked hard to
build supplier credit over the years. This lets us win and
deliver multiple national contracts. We’re a family-run
business, so family values are at the heart of how we
operate as a business, along with how we support and build
relationships with our clients.
Flame UK
Sustainable Solu ons for a Greener Future
Pioneering Bespoke Waste Management Strategies for
Businesses to Achieve Carbon Neutrality and Cost Reduction!
Top 10 Sustainable Waste Management Companies to Watch
www.insightssuccess.com
JUNE | 2023 30
Pam Knight
Managing Director
Flame UK
www.insightssuccess.com
JUNE | 2023 31
What is the specialty of your unique offerings, and how
does it contribute to maintaining the company’s
excellent position in the industry?
Our unique position as a waste broker allows us to provide
bespoke services tailored to fit every customer’s individual
needs. We’ll work with our network of approved suppliers
to create a personalized waste management plan to ensure
we can create a sustainable solution for every waste stream.
We are also one of the first waste brokers in the UK to
provide a carbon-neutral waste collection service, helping
our customers to achieve their ambitions of becoming more
sustainable themselves.
What is your company’s approach to sustainability in
waste management, and how do you ensure compliance
with local and state regulations on waste management?
At Flame UK, we believe there’s a recovery route for every
waste stream. We operate on a zero-to-landfill approach to
ensure as much waste as possible is diverted from landfill.
We’re incredibly proud to have been able to find different
recovery routes for waste streams that are often viewed as
‘unrecyclable.’ This includes a range of materials from used
disposable vapes to food waste. We know that resources are
limited, so we feel a responsibility to do what we can to
discover new recovery routes for waste and protect the
resources we already have.
We provide all our customers with a high level of waste
reporting, allowing them to see exactly where their waste is
disposed of and helping them to ensure they’re compliant
with all environmental legislation. As a fully licensed waste
carrier, we’ll work with our customers to ensure their waste
is dealt with correctly and safely.
How do you measure the success of your sustainable
waste management initiatives?
As a business, we’re constantly evaluating how we can
improve our sustainable waste management initiatives.
We’re tracking the carbon footprint of around 90% of our
waste collections. This enables us to identify key areas of
improvement and helps with making collections even more
sustainable.
On a personal level, we’re tracking our carbon footprint as
a business, too, not just our operations. We had our carbon
emissions calculated by Nottingham Trent University and,
from this, were able to make the necessary changes to
become a carbon-neutral business. We’re working on a
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JUNE | 2023 32
roadmap to look at how our business can become more
sustainable through both our business operations and our
waste management initiatives.
What efforts have you made to educate your customers
and employees about the importance of sustainable
waste management?
One of Flame UK’s current projects is Flame Sustain. This
guide is set to help businesses become more sustainable
through their waste management. Illustrating a roadmap to
showcase our journey to sustainability, covering numerous
objectives we have set ourselves to further our efforts to
sustainability.
We believe one of the best things we can do as a sustainable
business is to educate our employees on everything
sustainability. If we can continue to invest in and educate
our employees, they’re in a better position to help our
customers with their sustainability journeys. Our staff is
constantly taking part in carbon management and
sustainability courses. Training for newer members of staff
is also provided as part of their induction to help develop
their knowledge. The more they know, the more they can
help the businesses we work with.
As an inventive leader, what advice would you give to
other companies looking to implement sustainable waste
management practices?
The best advice we could give to other businesses is to
make a start. There’s a common misconception that
sustainability is a big scary journey, but there are so many
small things you can implement to make your waste
management more sustainable. It can be as small as putting
a compost bin in your office kitchen for food waste. Once
you’ve got the ball rolling, it becomes even easier to
become more sustainable with your waste. Take a look at all
your different waste streams and identify all the changes
you could implement. Once you’ve got sight of the bigger
picture, making your business more sustainable will no
longer seem like a daunting task.
How to envision scaling your organization’s services and
operations in 2023 and beyond?
Going forward, we’re aiming to expand our network of
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
material, and finding these is crucial for the future of the
planet.
Please give us a few testimonials from your clients and
awards or recognition that accurately highlight your
achievements in this sector.
Richard Ford – General Manager at Bar Iberico: “Flame
UK found a really affordable way to change our food waste
into biofuel by having separate food waste bins. Now from
prep to plate, all our food waste goes into separate bins and
is then processed by Flame UK. It’s great for us to become
more sustainable and see our food waste not go to landfill.
It’s helped us by reducing our general waste costs”. Since
beginning to work with Bar Iberico in January 2023, we’ve
been able to divert 6.4 tonnes of food waste from landfill.
https://flameuk.co.uk/case-study/bar-iberico/
Lawrance Allen – Head of Operations at Magnet Expert:
“We want to be as green as possible and didn’t like the fact
that we weren’t recycling. Now we know that everything
which can be recycled is being recycled. That’s the biggest
benefit. The great thing about Flame UK is that the team
can handle everything. Our relationship is based on
knowledge and trust, a real sense of care in what Flame UK
does”. https://flameuk.co.uk/case-study/magnet-expert/
Flame UK ranked 22nd in TechRound’s Sustainability60,
looking at the top 60 most innovative sustainability
companies across Europe.
https://techround.co.uk/sustainable-tech/22-flame-uk/
Currently sponsoring the Sustainability Award at the
Midlands Family Business Awards 2023.
Flame UK is leading the
charge in revolu onizing
waste management with our
sustainable solu ons. We
believe that businesses can
achieve their carbon
neutrality goals while saving
on expenses.
,
,
,,
www.insightssuccess.com
JUNE | 2023 33
Sustainable Future
The Role of
INDIVIDUALS
BUSINESSES
in
and
WASTE
Management
www.insightssuccess.com
JUNE | 2023 34
aste management is a collective
Wresponsibility that involves the active
participation of individuals and businesses.
In today's world, where waste generation is
at an all-time high, it is crucial for
individuals and businesses to play a proactive role in managing
waste in a sustainable manner.
This article further explores the significance of individuals and
businesses in waste management and how their actions can
contribute to a sustainable future!
Individual Responsibility
Individuals have a vital role to play in waste management. Small
actions taken by each person can collectively make a significant
impact on reducing waste generation and promoting sustainable
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.
www.insightssuccess.com
JUNE | 2023 35
One of the key areas where businesses can make a
difference is in packaging. By adopting eco-friendly
packaging solutions, businesses can minimize waste
generation and reduce the use of non-recyclable materials.
This can involve using recyclable or biodegradable
packaging materials and designing packaging that is easily
recyclable. Additionally, businesses can explore options
such as bulk packaging or refillable containers to reduce
packaging waste.
Another aspect of sustainable waste management for
businesses is waste reduction in their operations. By
implementing practices such as inventory management,
efficient production processes, and minimizing product
waste, businesses can reduce the overall waste generated in
their day-to-day operations. This not only helps the
environment but also improves operational efficiency and
reduces costs.
Businesses can also play a significant role in recycling by
establishing partnerships with recycling companies or
implementing in-house recycling programs. By providing
employees with designated recycling bins, educating them
on proper waste segregation, and ensuring the collection
and recycling of recyclable materials, businesses can make
a tangible impact on waste reduction and resource
conservation.
Waste Management Innovation
Both individuals and businesses have the opportunity to
contribute to waste management innovation by embracing
new technologies and practices.
Individuals can actively seek out innovative solutions such
as composting systems for organic waste or investing in
household recycling technologies. By staying informed
about advancements in waste management, individuals can
adopt new practices that align with sustainability goals and
help create a more circular economy.
Businesses, on the other hand, can invest in research and
development to discover innovative waste management
technologies. This can involve exploring waste-to-energy
conversion technologies, such as anaerobic digestion or
gasification, which can help generate energy from organic
waste or non-recyclable materials. Additionally, businesses
can support the development of new recycling technologies
that can handle complex or hard-to-recycle materials,
thereby expanding the possibilities for waste diversion and
resource recovery.
Collaboration and Partnerships
Collaboration and partnerships between individuals,
businesses, and government entities are essential for
effective waste management and achieving a sustainable
future.
Individuals can collaborate with community organizations
and local authorities to promote waste management
initiatives. By participating in neighborhood clean-up
events, joining recycling programs, and advocating for
sustainable waste management practices, individuals can
create a collective impact and foster a sense of
environmental stewardship within their communities.
Businesses can collaborate with waste management
companies and organizations to develop innovative
solutions and improve waste management infrastructure. By
sharing best practices, participating in industry forums, and
engaging in public-private partnerships, businesses can
contribute to the development of comprehensive waste
management systems that prioritize sustainability and
resource efficiency.
Government entities play a crucial role in waste
management through the development and implementation
of policies and regulations. Governments can establish
recycling targets, provide incentives for businesses and
individuals to adopt sustainable practices, and enforce
waste management guidelines. They can also invest in
waste management infrastructure and support research and
development in waste reduction and recycling technologies.
Conclusion
The role of individuals and businesses in waste
management is instrumental in shaping a sustainable future.
By embracing waste reduction practices, properly
segregating waste, participating in recycling programs, and
fostering innovation, individuals can contribute to a greener
environment. Businesses, on the other hand, can lead by
example through sustainable packaging, waste reduction in
operations, and investment in recycling initiatives.
Collaboration between individuals, businesses, and
government entities is crucial for creating effective waste
management systems and achieving long-term
sustainability goals. By working together, we can create a
future where waste is minimized, resources are conserved,
and the environment is protected for generations to come.
-A.K. Tarade
www.insightssuccess.com
JUNE | 2023 36
“
“
Recykal aims to drive transformation in the waste management
sector and craft a sustainable future. By embracing circular
economy principles, harnessing technology, forging partnerships,
educating consumers, and advocating for policy reforms, we can
lead the charge in streamlining the disconnected waste
management ecosystem. Let us join hands and embark on this
transformative journey to a cleaner, greener, and more sustainable
world for generations to come.
ABHAY DESHPANDE
FOUNDER AND CEO
RECYKAL
Facilitating Sustainability and Circularity for Corporates,
Government Agencies, and Waste Aggregators!
ecykal, led by its Founder and CEO Abhay
RDeshpande, is a tech pioneer in digitally
empowered solutions for circularity and
sustainability. The company took on the challenge of
transforming informal waste management practices by
introducing technology-driven solutions that enable the
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
efficient waste management solutions, Recykal has been
able to streamline the informal waste management sector by
ensuring transparency, traceability, and fair pricing for
waste materials. It is committed to supporting a circular
economy that balances economic growth with
environmental protection and community development.
Recykal is facilitating circularity and sustainability for
corporates, brands, government agencies, and waste
aggregators as a pathway toward establishing effective
waste management practices. Furthermore, Recykal is
strongly advocating the adoption of sustainable waste
management practices, ensuring that they are more
systematic, effective, sustainable, and environmentally
friendly.
Let us delve deeper into the insights of Recykal!
“In conversation with Abhay Deshpande, Founder and
CEO, Recykal.”
Can you provide us with a concise overview of your
company, its goals, and the critical factors driving its
achievements?
Recykal, a tech startup based in Hyderabad, India, offers
smart solutions for enabling the circular economy and
sustainability. Introducing technology-driven solutions that
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
access to growth opportunities. Innovation is a key factor
contributing to Recykal’s success, as the company
continuously explores new technologies and approaches to
streamline waste management and remains committed to
staying ahead of the curve when it comes to sustainability
practices.
Another key factor contributing to our success is our
emphasis on collaboration. We work closely with our
partners and clients to design customized solutions that
meet their unique needs and support their sustainability
goals. These solutions power the largest Circularity
Marketplace in Asia, channelizing more than
50,000MT/month. Our Technology, Data Reporting
solutions help Brands, Governments, Policymakers,
Organizations, and Communities adopt sustainable
practices while creating social, economic, and
environmental impact at scale.
Recykal’s circularity ecosystem connects Waste Generators
(Businesses, Consumers), Waste Processors (Aggregators,
Informal Sectors), and Recyclers and enables transactions
between them, bringing transparency and traceability to the
ecosystem.
Could you provide a brief of your background and the
journey that motivated you to your current position in
the company?
In 1998, I started Malamall.com, which launched in a
market that was not ready for it at the time. However, I
learned a lot from this experience. Later in 2007, we formed
a SaaS company called Martjack, which worked with
companies like Pizza Hut, Walmart, and Future Group.
Eight years later, it was acquired by Capillary Technologies.
Empowering a Sustainable
Future through Digital Recycling Solutions
Recykal
www.insightssuccess.com
JUNE | 2023 39
Top 10 Sustainable Waste Management Companies to Watch
Even after the success of Martjack, I still felt the hunger to
create something even more purposeful and impactful.
Hence, after deep research, I decided that waste
management could be the next big thing for me. Therefore,
along with Abhishek Deshpande and Anirudha Jalan, we
started Recykal in 2017. Later, Ekta Narain and Vikram
Prabakar also joined our journey.
Now we have a PAN India presence with the largest and
most digitally integrated network of brands, recyclers,
waste aggregators, and government agencies in Recykal’s
Ecosystem.
What is the specialty of your unique offerings, and how
does it contribute to maintaining the company’s
excellent position in the industry?
Our Products:
Ÿ Sustainability Solutions: A suite of solutions
empowering enterprises to achieve Net Zero, drive
behavioral change, and deliver measurable impact on
sustainability.
1) EPR Loop: Helps track and trace and fulfill EPR
targets, transactions, and performance and enables
brands to run their consumer awareness programs and
also comply with the Extended Producer Responsibility
(EPR) rules outlined by the government.
2) Plastic Neutrality: A solution for zeroing the plastic
footprint of businesses.
Ÿ Circularity: Helps digitize industrial waste management
operations with ease and provides a bird’s eye view of
multi-facility operations.
Ÿ Deposit Refund System: Drive behavioral change
among consumers to reduce littering.
Ÿ Smart Skan: Revolutionizes segregation at the source
using AI-built waste data models.
Ÿ Smart Center: A solution for digitizing waste
management centers.
Ÿ Awareness Programs: Tech-driven sustainability
learning for impactful employee and other stakeholder
transformations.
Ÿ Circularity Marketplace: A managed marketplace for
recyclables that helps aggregators and recyclers digitally
transform their business with AI-driven prediction of
material rates, quality, and profitability-driven buyer-
seller mapping with fast payment and hassle-free
logistics.
We operate in these categories: Plastic, paper, metal,
e-waste, tyre, and batteries.
“ “
Recykal helps scrap recyclers
and aggregators streamline
their operations and increase
their revenues, driving quality,
trust, and better value for
recyclables.
www.insightssuccess.com
JUNE | 2023 40
How does Recykal help brands, recyclers, and
government agencies?
Recykal Provides Circularity and Sustainability Solutions to
Brands, Recyclers, and Govt. Agencies with a set of
digitally empowered tools that can be further customized
for effective waste management.
1. Brands: Recykal helps brands implement Extended
Producer Responsibility (EPR) compliance, which
requires brands to take responsibility for the disposal of
their products after they have been used. Recykal offers
a variety of services to help brands achieve this goal,
including setting up recycling programs, tracking
metrics, and implementing effective communication
strategies. Brands can also run take-back programs to
become plastic-neutral.
Recykal offers IT Asset Disposal services for brands
with heavy IT inventory. With 100% secure data
erasure, privacy protection, refurbishing/reuse services
for the equipment, if possible, and Recykal takes care
of recycling the remaining e-waste responsibly. This
process helps to reduce the environmental impact
caused by electronic waste and offers a comprehensive
solution for e-waste management.
2. Recyclers: Recykal’s Marketplace connects the
recyclers and sellers of plastic/paper/metal/e-waste
scrap to transact efficiently in a single platform.
Recykal Marketplace solves the challenges of
consistent material supply, timely payments for sellers,
and traceability and transparency in transactions for
recyclers. With our marketplace, we are bridging the
gap between demand and supply and building an
Amazon for sellers & buyers alike.
3. Government Agencies: Recykal helps government
agencies monitor and enforce regulations related to
waste management and recycling. e.g., Recykal
digitizes Material Recovery Facilities as Smart Centres
with the implementation of “Smart Skan” an AI-
powered waste analytics and sorting program. For the
implementation of Smart Skan, QR-coded plastic bags
are distributed to households, and only dry waste is
collected in these bags. These bags are collected, and
the waste is segregated into different categories at the
MRF (Material Recovery Facility) center with Smart
Skan. Smart Skan is aimed at preventing the
contamination of plastic by keeping it separate from
wet waste and educating users on the importance of
responsible waste management. It induces behavioral
change amongst consumers toward proper waste
disposal, provides information on recycling options,
and allows government agencies to track waste back to
the generator.
Apart from Smart Skan, Recykal’s Digital DRS (Deposit
Refund System) is benefitting Municipal Corporations and
other government bodies in India. Digital DRS involves
providing serial unique identification codes (SUIN) to
distributors of consumer goods, which are then affixed to
the product packaging. Customers are required to pay a
refundable deposit at the point of purchase, which varies
from Rs. 2 to 10 depending on the type of packaging
material. When the packaging material is returned to the
collection center after usage, customers are refunded the
deposit upon scanning the SUIN. This cycle of waste
collection and recycling ensures the circularity of waste
materials, promoting sustainability and responsible waste
disposal habits among residents and tourists. The digital
DRS system applies to various types of product packaging,
including chip packets, water and cold drink bottles,
sachets, shampoo and other personal care product bottles,
tetra packs, milk packets, aluminum cans, and glass
containers.
How does the Recykal Foundation contribute to changes
that promote sustainability and enable a circular
economy?
Recykal aims to make a positive impact on the stakeholders
involved in the waste management sector by working
closely with waste collectors and providing them with
safety training and opportunities to increase their income.
One of our verticals, ‘Recykal Foundation,’ focuses on
educating the community about the concept of the circular
economy, raising awareness through campaigns, and
increasing efficiency in waste management practices.
Recykal Foundation collaborates with other organizations
to educate people on recycling and responsible waste
management. Through outreach programs that include
tailor-made activities and CSR initiatives, Recykal
encourages people to participate in waste reduction
activities.
How do you measure the success of your sustainable
waste management initiatives?
Recykal’s unique, integrated approach marks India’s first
digital circularity and sustainability company that connects
waste generators with waste processors and recyclers, and
brand owners to solve some of the biggest challenges faced
by the industry. Today, we have 210+ brands, 325+
recyclers and co-processors, 10,000+ businesses,
www.insightssuccess.com
JUNE | 2023 41
190+ urban local bodies, 3000+ service providers, and
aggregators associated with us. We have channelized
4,00,000 + MT of material.
Our efforts for revolutionizing the waste-commerce sector
with digital innovations led to recognition as a “Technology
Pioneer” by the World Economic Forum; other honors
include The Economic Times’Award as India’s Growth
Champions 2023, Excellence in Waste Management as a
PRO by the CII 3R Awards and Best Soonicorn by Business
World. Recykal has made the list of Financial Times’ Top
500 High-Growth Companies Asia Pacific 2023 with 6th
rank, and also listed among the top 5 players in Fast
Company’s 50 most innovative companies in APAC region,
Recykal’s digital DRS (Deposit Refund System) won the
Digital India Award 2022 for plastic halting at the holy
pilgrimage site Kedarnath in association with the Govt. of
Uttarakhand.
As an inventive leader, what advice would you give to
other companies looking to implement sustainable waste
management practices?
Our advice would be to start small, focus on education and
communication, leverage technology, and work with
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
employees in sustainability practices and partnering with
waste management firms that can accelerate the company’s
sustainability efforts. Conducting regular audits and
measurements of waste management’s effectiveness to
monitor progress and identify opportunities for ongoing
improvement. By doing so, companies can make a
significant impact on reducing waste and contributing to a
more sustainable future.
How do you envision scaling your organization’s
services and operations in 2023 and beyond?
Recykal’s vision is to channel 5% of India’s waste into a
circular economy. We have made inroads into new
categories like tyres and batteries and aim to grow their
volume similar to what we have done in plastics, e-waste,
and paper. We plan to implement dDRS in multiple ULBs
and even a state-level implementation.
It can be inferred from the environmental policies enforced
by developed and developing countries that the volume and
scope of recycling will continue to grow in the next 25
years. Upon achieving the set goals, recycling has the
potential to become the thought leader in the clean-tech and
sustainability space.
www.insightssuccess.com
JUNE | 2023 42
TEKNTRASH
Changing the Landscape of Sustainability
When a certain company’s scrap is properly
disposed, the chances of them ending up on the
black market are less to none. A company can
also be confident that its liability will be reduced, that its
competitors will not gain an advantage, and that the quality
of its product will stay good. Sometimes, it is difficult to
manage and trace the supply chain of the purchase, usage,
and the disposal of a product. But the role of modern
technology, especially the likes of AI, can play a vital role
in the supply chain.
Using certified destruction services, the disposal procedure
can be tracked and secured. This chain of custody ensures
the highest level of professionalism by including
photographic and video evidence of the destruction.
Looking at this, TeknTrash, an AI analytics company
started to offer its services to deliver the missing link of
product lifecycle. It uses AI to locate products at disposal
time and thus obtain real time consumer data.
In the following interview, Al Costa, the Founder and
CEO of TeknTrash, sheds light on the journey of his
company, its offerings, and the future aspects of the
GreenTech sector.
Please brief our audience about TeknTrash, its USPs,
and how exactly does it help companies match their
sales to their effective consumption.
TeknTrash is an AI and analytics company which obtains
data from trash. We believe that today we recycle
everything except the most important part, which is the
consumer data a product contains. So, the who, the when,
and the where of a disposed product are important metrics
which need to be accounted for, and yet for some reason
they are not.
We live in a data-based world and data has been named the
‘new oil’ which makes even less sense. Finally, while we
buy our products from many sources, there is one single
place where they all eventually end up at, which is the
garbage. Thus, being able to locate those products there
means knowing the entire consumption of an individual,
and that is powerful.
Shed some light on TeknTrash’s offerings and how they
impact the industry and its clients?
We believe the recycling model is a failed one, as it only
punishes if people don’t recycle, but does not reward if they
do. And because it depends on the sale of materials, which
pays little, so it is unable to pay too. The end result is that
today 11% of methane in the atmosphere already comes
from trash (and methane is 88 times stronger than CO2
causing global warming), only 6% of plastic is actually
recycled, the largest trash dump is actually the Great Pacific
Garbage Patch, etc.
So, we think data is the solution to that problem because it
is valuable. So, we can reward people for recycling. To that
end, we created stipra.com, which is currently the only
service that effectively rewards people for proper recycling,
while providing valuable post-sales data. Regular people
register at stipra.com and take pictures of their consumer
products before throwing them in the trash.
Companies then register at corp.stipra.com and consume
that data, geolocating where their products ended up. So,
this allows consumer product companies know their
consumers better, encourages proper recycling, and creates
a source of income for vulnerable people.
www.insightssuccess.com
JUNE | 2023 44
We are embarking on a
major fundraise which will
allow us ultimately to
develop a smart bin.
,
,
,
,
Al, please brief us about your journey in the industry
and how you have contributed to TeknTrash’s success.
I am a biologist with an MA in Computer Engineering. My
father was a diplomat and I’ve lived in countries such as
Haiti, so poverty alleviation is something deeply ingrained
in me. I founded TeknTrash while living in Barcelona and
later I came to the UK to promote it.
Before that, I created companies in USA, UK, Brazil, and
Spain, sold my first to one listed in Nasdaq, fundraised in
Silicon Valley, lost everything in another, so it’s been a fun
ride. And thus, I am called to help startups with marketing,
fundraising, and strategy.
TeknTrash is led by a team of scientists and thus, we do not
enjoy the greenwashing that unfortunately is taking place in
the market. To that end, I brought in Dr Kaveh Madani,
who served as the Deputy Head of Iran’s Department of
Environment and was Vice President of the United Nations
Environmental Assembly Bureau, to create a business
model which effectively rewards companies participating in
Stipra with real and accountable carbon credits.
In fact, since garbage produces methane and that is such a
strong GHG gas, even a single bottle produces enough
carbon to be able to translate into credits, so that means
companies can obtain carbon credits they can sell in the
market for using stipra. For example, Tesla makes more
money from selling carbon credits to its competitors than
actual car sales, so that is a real opportunity for companies.
Being an experienced leader, share your opinion on how
the adoption of modern technologies has impacted the
green tech space and what more could be expected in
the future?
When it comes to Greentech, I always make a comparison
with the Brazilian ethanol model. Having lived in that
country for 20 years, I saw how it created a biofuel model
that is actually sustainable and widely implemented, as all
fuel pumps carry ethanol, all petrol carries 27.5% ethanol,
½ of the fleet is flex, etc. And that was created not by the
need to be sustainable and to reduce carbon, but simply
because the country would not have the funds to import oil
during the fuel crisis of 1973.
Thus, we need to look at the financial sustainability of a
green solution, as that speaks much louder than the ESG
component, and therefore is more able to bring widespread
usage and real ESG benefits.
In fact, if our leaders could see the clear financial benefit of
ESG, they would take actions, but they are only presented
with the pure environmental benefits, so they of course
don’t care. So, it’s a poor marketing scheme if you ask me.
Al Costa
Founder and CEO
www.insightssuccess.com
JUNE | 2023 45
Top 10 Sustainable Waste Management Companies to Watch
TeknTrash to sustain operations while ensuring the
safety of your employees at the same time?
We may be one of the few companies which were
unaffected from the pandemic, as our operations were
already remote, and I plan them to ever be. In this, I always
make a comparison with Harry Potter’s Gringotts Bank.
This bank has no ATMs, APP, online presence, etc. It
requires its customers to go to the one and only office for
any common banking operation such as withdrawing,
depositing, getting a statement, etc.
However, no one today would open an account in a bank
which requires its customers to go there. On the other hand,
no one would trust a lot of money to a bank which has no
offices, where one can go and physically speak with a
manager when things go sour. That’s why banks created
ATMs. These are ‘offices’ of sorts where people can do
most of their everyday banking operations, and if they
require something fancier, then they can go to the main one.
At TeknTrash, we plan to have a similar model. We will
have small offices (ATMs) spread across the UK where
employees can work, meet, and do usual everyday work.
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
close to their homes, while still physically interacting with
other employees.
They will have an app which allow them to choose the
closest office to wherever they are at the moment, open the
door, get a laptop, printer, etc. from some closet, have a
coffee, turn on the heating, etc. For example, if they need to
have a meeting with many people, they can choose a larger
office or just go to the main one. That way, they don’t need
to waste their lives away commuting to work and they can
still feel part of an enterprise instead of feeling like they
work in solitude of some trappist monastery.
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.
Basically, going there, doing the wrong things, talking to
wrong people, closing the wrong deals, etc., and by doing
that acquiring the expertise, knowledge, techniques, etc.
that the best MBA would not be able to provide. Both
methods lead to success, the only difference is the second
takes longer as it requires many more tries, but it is also
more satisfying due to learning along the way.
How do you envision scaling TeknTrash’s operations
and offerings in 2023 and beyond?
We are embarking on a major fundraise which will allow us
ultimately to develop a smart bin. This will allow people to
just throw their garbage in one single bag, do the recycling,
take pictures of all the products, and reward in stipra.com
the corresponding points. These bins will initially be
deployed in shopping centers, as we believe that the public
would prefer to go to a shopping center that uses smart bins
which reward people for their disposed products rather than
others that have old and boring garbage cans.
In the future, we envision this to become a major player in
the recycling industry, as we could take the content of this
bins to the recycling centers, charge for that service, and
they would be glad to pay as the products would already
much better recycled than through them. So, they would be
able to sell more paper, plastic, metal, etc.
Demonstrating Excellence
TeknTrash is a finalist to the Red Herring Top 100 Europe
competition in 2021. It was selected by the WEF (World
Economic Forum) as one of the three most impactful
technologies, and Euronews chose TeknTrash as #1
Greentech company to watch in 2021.
“So far, we received three grants, so we are making good
noise and getting recognition. Stipra.com is already
capturing data on top products such as Nescafé, Nivea,
Pepsi, and even Ikea furniture! So, we are happy overall,”
Al concludes.
www.insightssuccess.com
JUNE | 2023 46
Considering the current pandemic, what initial
challenges did TeknTrash face and how did you drive
Save
earth
by reusing,
recycling
Waste
The way of business solutions
Insights Success Media Tech LLC
555 Metro Place North, Suite 100,
Dublin, OH 43017, United States
Phone - (614)-859-2600
Email: info@insightssuccess.com
For Subscrip on: www.insightssuccess.com
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  • 1. June Issue: 04 2023 Ecoreco A Torchbearer of the E-Waste Recycling Revolution in India and Beyond B.K. Soni Chairman & Managing Director Ecoreco Top10 Sustainable WASTE Management Companies to Watch Greener Future The Importance of Sustainable Waste Management Sustainable Future The Role of Individuals and Businesses in Waste Management
  • 2.
  • 5. Distinctive Sustainable Waste Managers ustainable waste management has undergone significant advancements and transformation in recent years, marking a crucial turning point in our collective efforts toward a greener and more sustainable future. These advancements have revolutionized traditional waste management practices, paving the way for innovative solutions that prioritize environmental conservation and resource efficiency. One notable advancement is the increased emphasis on waste reduction and prevention. Rather than solely focusing on waste disposal, sustainable waste management now places a strong emphasis on reducing waste at its source. This shift in mindset has led to the adoption of practices such as product redesign, packaging optimization, and promoting the sharing economy, which helps minimize waste generation and promote a circular economy model. Another significant transformation lies in the field of 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. In addition to recycling, waste-to-energy technologies have gained momentum as a sustainable alternative. Through processes like anaerobic digestion and gasification, organic waste and non-recyclable materials can be converted into renewable energy sources, reducing reliance on fossil fuels and minimizing greenhouse gas emissions. Collaboration and partnerships have also played a pivotal role in the transformation of sustainable waste management. Insights Success takes pride in bringing forth a platform through its latest edition – Top 10 Sustainable Waste Management Companies to Watch, with provisional stakeholders from various sectors, including businesses, and communities, working together to develop comprehensive waste management strategies. This collaborative approach ensures that expertise, resources, and innovative ideas are combined to address the complex challenges of waste management effectively. -PrashikD.Bombarde S
  • 6. ECORECO A Torchbearer of the E-Waste Recycling Revolution in India and Beyond 08 C O V E R S T O R Y 26 36 Articles Greener Future The Importance of Sustainable Waste Management Sustainable Future The Role of Individuals and Businesses in Waste Management
  • 7. ECOWARE Saving the World One Package at a Time 22 FLAME UK Sustainable Solu ons for a Greener Future 30 Empowering a Sustainable Future through Digital Recycling Solutions RECYKAL 38 TEKNTRASH Changing the Landscape of Sustainability 44 C O N T E N T S
  • 8. sales@insightssuccess.com JUNE, 2023 Circulation Manager Finn Wilson Research Analyst Helena Smith Chelsea Wilson, Edwin Copper Business Development Executives Sherin Rodricks Business Development Manager Art & Design Head Art & Design Assistant Visualiser Michael Warner Co-designer Sonia Raizada Lauren Smith Marketing Manager Jenny jordan Technical Consultants Logan Harper, Julie Davis Technical Head Chris Darcy Assistant Technical Head SME-SMO Executive Eric Gilbert Digital Marketing Manager Sheldon Miller Assistant Digital Marketing Manager Sagar Lahigade 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. Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com We are also available on : RNI No.: MAHENG/2018/75953 Sales Executives Alice Fernandes, Carl Rogers Prachi Mokashi Allen Darcy The way of business solutions Follow us on : www.facebook.com/insightssuccess/ www.twitter.com/insightssuccess Editor-in-Chief Merry D'Souza Managing Editor Prashik Bombarde Executive Editor Adiba Tarade INSIGHTSSUCCESS CREDITS
  • 9. Devin Goss Chief Execu ve Office BluPlanet Recycling Inc bprecycling.ca BluPlanet Recycling delivers customizable recycling, organics, & garbage systems to make waste diversion simple & easy. Pam Knight Managing Director Flame UK flameuk.co.uk Flame UK is a facili es management company providing sustainable solu ons for waste, energy and water. It provides bespoke waste management and recovery strategies that enable businesses to become more sustainable and reduce costs. Jay Baker Owner/Operator Infinite Disposal infinitedisposal.com Infinite Disposal is a local waste pickup company in Colorado Springs, servicing residen al and commercial trash and recycling. Company Featuring Brief Company Featuring Brief Company Featuring Brief Al Costa Founder and CEO TeknTrash Inc tekntrash.com TeknTrash is an AI+analy cs company which developed S pra: a so ware which manages post-sales data for companies to understand consumer pa erns. Ron Mi elstaedt CEO Waste Connec ons wasteconnec ons.com Waste Connec ons is an integrated services company that provides solid waste collec on, transfer, disposal and recycling services to local residents and businesses throughout the U.S. and Canada. Robert Boucher Jr President and CEO Win Waste Innova ons win-waste.com WIN Waste Innova ons is a waste management company commi ed to delivering essen al waste management solu ons to customers and communi es supported by our team of 1,900 employees. James Calver & Alex Magaraggia Co-founders Ecoware ecoware.co.nz Inspired by the principles of a circular economy, Ecoware wants food and food packaging waste to be returned to the soil with zero waste systems and sustainable prac ces, achieving diversion from landfill. Abhay Deshpande Founder & CEO Recykal recykal.com Recykal connects waste generators, waste aggregators, and waste recyclers to solve challenges like a demand-supply mismatch and lack of transparency and traceability. Cindy J. Miller President and Chief Execu ve Officer Stericycle stericycle.com Stericycle suite of essen al services helps our clients properly dispose of poten ally harmful medical waste, shred confiden al informa on, and protect their trusted pa ent and customer rela onships. B.K. Soni Chairman & MD Ecoreco ecoreco.com Eco Recycling Ltd (Ecoreco) is India's first and leading professional E-waste Management Company that has set industry benchmarks me and again with its innova ve & environment friendly disposal prac ces.
  • 10. B.K. Soni Chairman & Managing Director Ecoreco Top 10 Sustainable Waste Management Companies to Watch
  • 11. 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. ,, Cover Story ,,
  • 12. Ecoreco Paves the Way Towards a Greener India by Impacting Ecology, Sustainability, and Circularity! tepping into the digital age, technology has become Sintegral to our lives. Yet, with each new device comes an accumulation of outdated ones that are no longer functioning, leading to an international e-waste crisis that is often disregarded by those who are distant from the matter. In actuality, many are unaware of the magnitude of e-waste produced annually and how much of it is discarded into landfills or incinerated, and its hazardous impacts on the environment. Ecoreco aims to change it all. Ecoreco is an industry-leading company that is dedicated to sustainability and environmental protection. They reclaim, process, and recycle e-waste from around the globe and have developed an innovative approach for reusing and repurposing waste into valuable materials. As India’s premier e-waste management company, they set the standard for responsible disposal practices. Recognizing the need for safe and responsible solutions for e-waste management, it is a reliable partner for all your e-waste management requirements. Committed to sustainability, Ecoreco strives to go above and beyond to protect our planet. Being a pioneering force in the quest for a greener, more sustainable world. It has set a blueprint for turning waste into usable products and creating jobs that protect our planet. By introducing innovative technology and working with the community, It is proving that businesses can have a positive impact on both the environment and its people. Through this story, we wish to be an impetus for others to take action similar to Ecoreco and become the force for positive change in the world. To understand their tactics and journey, we had the pleasure of sitting with B.K. Soni and having a delightful conversation! Protecting the Environment for a Sustainable Future Ecoreco, India’s pioneering E-waste Recycling Company, started in January 2005 and introduced the concept of electronic waste management in the country. Prior to this, informal scrap merchants were responsible for collecting and dismantling e-waste. As the only company in the WEEE industry in India listed on the Bombay Stock Exchange, it is dedicated to safeguarding the environment and ensuring a sustainable future. Moreover, they have been authorized by the government to manage e-waste recycling services under the Environment Protection Act and the E-waste Management Rules, with a mission to help protect the environment and ensure a sustainable future for all. Reusing and Reducing are integral parts of life in India, where per capita income is usually low. After multiple uses, people often sell their discarded items to informal waste workers for money. Unfortunately, because of a lack of knowledge or access to technology, these informal players are unable to properly recycle these items and take care of the ecology and environment. This is where Ecoreco has come in, introducing a third R, Recycling, which has been missing from the equation. With its innovative and sustainable solutions, it can now ensure that these discarded items are recycled to help preserve our planet. B. K. Soni was lucky enough to participate in a number of Conferences & Exhibitions in the USA, UK, Germany, and other countries, wherein he had the opportunity to interact with and gain insight from a variety of prosperous global recyclers who generously shared their knowledge and expertise, even allowing him to visit their facilities. This cumulative knowledge enabled the founding of India’s first professional e-waste management company, Ecoreco, in Mumbai. Proud to state that Ecoreco strictly adheres to all legal and environmental regulations - both within their facility and while performing tasks on clients’ sites - they have also introduced several cost-effective and eco-friendly technologies and methodologies. This is what makes Ecoreco stand out from the rest. B.K. Soni: Turning Vision in to Reality B.K. Soni is the Chairman and Managing Director of Eco Recycling Ltd (Ecoreco) and the driving force behind the company’s success. With Mr. Soni’s leadership, Ecoreco has become India’s leading e-waste management company with a strong presence across the nation. He is focused on developing strategic growth initiatives and building a talented team of professionals. After establishing a strong B2B segment, Mr. Soni is now working on expanding the B2C model to reach individual generators of e-waste and familiarise them with the benefits of scientific recycling and its direct benefit on the health of all.
  • 13. We believe in the principle of ‘Environment Friendly- Customer First,’ and this is evident in the fact that clients such as MNCs, NBFCs, So ware Giants, and IT-Telecom-White Goods Producers have consistently chosen Ecoreco to provide services for the last two decades. ,, ,, Recognized as a visionary and expert in e-waste management, Mr. Soni was one of the first to identify the potential of the Indian E-waste Management industry back in 2005. Since then, he has been responsibly leading the growth of the industry and introducing global best practices in India. As a pioneering thought leader in e-waste management, his insights and expertise are often sought after by industry players, policymakers, regulators, and government functionaries. Mr. Soni is truly at the forefront of the Indian e-waste management industry. He is an esteemed Cost Accountant from The Institute of Cost Accountants of India (ICMAI). He has been actively engaged with various industry associations, as well as part of the Expert Group on E-waste Management constituted by the Maharashtra Pollution Control Board. His keen intellect and outstanding moral character fuel his belief that India can be a leader in e-waste management; due to economical recycling costs, capacity utilization can be maximized. India produces an estimated 3 million M.T. of e-waste each year, with the potential to reach 5 million MT by 2025. Shashank Soni Director Eco Recycling Ltd
  • 14. Ecoreco recognizes the expanding demands posed by this growing volume and is committed to providing dynamic solutions to take advantage of the urban mining of natural resources from WEEE. Ecoreco’s State-of-the-Art WEEE Recycling Facilities Ecoreco’s WEEE Recycling facility offers a comprehensive end-to-end process for e-waste. Certified by the Central Pollution Control Board and authorized by the Maharashtra Pollution Control Board as India’s very first recycling Company, this secure procedural guarantee, environmental protection, and maximum resource recovery from electronic devices at the end of their life. Ecoreco is a member of the Material Recycling Association of India (MRAI), the largest representative body of Recyclers in India with more than 1200 Members. Mr. Soni is also a Director on the MRAI Board. Ecoreco’s WEEE Recycling processes are ISO 9001, 14001, OHSAS 18001, They treat Environment Protec on Responsibility and Ci zens’ Social Responsibility as tools to transform the current prac ce of selling e-waste for monetary gain a nd spending several mes m ore on medical expenses. ,, ,,
  • 15. 27001, and R2 accredited. Leveraging its own technology for recovering precious metals, Ecoreco can extract valuable materials such as copper, aluminum, silver, and gold from complex electronic scraps. The facility boasts a cutting-edge de-manufacturing line, integrating both automated and manual methods for sorting, dismantling, and shredding e-waste. Ecoreco’s services consist of: • Decommissioning of WEEE & Documentation • Packing & Transportation • Data Destruction off-site • ITAD Services • Data Destruction on Wheels on-site • E- waste Recycling • Lamp Recycling • Skill Development • BookMyJunk Mobile App • Install Collection Boxes • Set up Collection Centers • Collection Vans • Recycling on Wheels-SmartER • Assisting EPR, CSR & ESG Obligated Corporates • Provide services in more than 100 Countries to Global Clients. Clients of Ecoreco trust for sure that their environmental compliance and data security are in safe hands. With Ecoreco as their partner, clients can be rest assured that their business is fully compliant and their reputation is secure, providing the assurance that their environmental requirements and data security are in the safest of hands. Ecoreco’s unique Data Destruction on Wheels Facility, which has been up & running since 2008 and has won Gold Medal from DST, Lockheed Martin & FICCI provides all three services of Delete-Degauss-Destroy on & off-site and provides on-the-spot proof of destruction with complete details of the devices destroyed is availed by several BFSI, MNCs, & others across the nation. Ecoreco’s “Recycling on Wheels-SmartER” Program Ecereco is dedicated to safeguarding the environment and preserving natural resources. To guarantee a superior quality of air, water, and soil, they advocate setting up additional recycling centers to decrease the amount of waste. Their main focus is to relentlessly strive for environmental sustainability and support responsible resource management. Ecoreco has taken a giant stride in helping to achieve the desired goal of proper e-waste management with the launch
  • 16. of its “Recycling on Wheels-SmartER” program. This innovative solution takes care of “Training-Transport- Technology on Board” by providing informal workers with the necessary upskilling, transport for e-waste and the ability to shred e-waste on board, as opposed to their current pollution-causing practices. This latest innovation by them has been recommended in the Advisory for E-waste Management issued by the Office of the Principal Scientific Advisor-PSA (Under the Prime Minister’s Office in India) to the Smart Cities. Ecoreco recently received the most “Prestigious Recognition and Certification” when Prime Minister, Shri Narendra Modi, mentioned Ecoreco and its innovative mobile application BookMyJunk in his latest Mann Ki Baat (Monthly radio communication with the nation) on January 29, 2023. This is an incredible accomplishment and a testament to the hard work, dedication, and commitment of the Ecoreco team. Revolutionizing India’s E-Waste Recycling Industry The growth and progression of the e-waste recycling industry in India have been intrinsically linked to Ecoreco, a leader in paving the way for the e-waste recycling revolution. Ensuring the secure and safe disposal of e-waste has a direct, beneficial effect on the environment, ecology, sustainability, and circularity. In today’s world, no country can contemplate resource sustainability without recycling and circularity. Therefore, Ecoreco has become an indispensable part of the e-waste recycling industry in India and will always be remembered for instigating this revolution. In 2007-08, the Maharashtra Pollution Control Board formed an Expert Group of 7 Members, with B. K. Soni as the only Member representing the E-waste recycling industry amongst Government and NGO Members. Four years later, the MMRDA (Maha Mumbai Regional Development Authority) invited bids for the setting up of an E-waste Recycling Facility in Mumbai. Of the 17 entities that took part in the pre-bid meeting, Ecoreco emerged as the only successful bidder that satisfied the Technical criteria of the tender. Since April 2008, the introduction of the first E-waste Guidelines in India and the subsequent E-waste Management Rules from 1st April 2023, Mr. B. K. Soni has actively championed provisions that benefit the industry. His commitment to responsible e-waste disposal has been key in advancing sustainability for the future. The time is near when India’s stakeholders will recognize and appreciate the revolutionary program launched by Ecoreco. This program encourages end users to dispose of their “E-waste Not for Money, but for the Environment.” To make this process easier and more convenient, they have launched the BookMyJunk Mobile App, and a fleet of vehicles is traveling across Mumbai’s roads to collect and scientifically shred e-waste right at the user’s doorstep to avoid misuse of data, resale of devices, devices of arm forces, Tax Authorities, safeguarding proprietory technologies etc. Join us as we strive to make India’s environment healthier and greener. Ensuring Safety and Security in the Waste Management & Recycling Industry In the same way that other industries require safety measures, the waste management and recycling sector is no different. Recycling is an industry and needs to be treated as such. Thus, relevant safety guidelines must be adhered to. This includes ensuring efficient, safe, and secure recycling processes, safety equipment, health insurance, a clean and safe environment, protected machinery, regular repairs and maintenance, subject matter training, mock drills, fire fighting training, and first aid assistance. These precautions guarantee that the recycling processes are effective, safe, and secure. Overcoming Challenges to Revolutionize Electronic Waste Recycling Four major challenges have been and will continue to be present in this industry for years to come. He calls them the 4Ls – Legislation, Liability, Logistics, and Liquidity. 1. Enforcing stricter adherence to the Legislation and Rules among the 1.4 billion people in the country is not a simple task. Businesses, producers, and other end users are expected to comply with these standards. 2. The primary liability of collecting and recycling e- waste falls to producers under the Extended Producer Responsibility (EPR) regime. Despite this, environmental and ecological concerns remain due to the ongoing informal activity.
  • 17. Eco Recycling Ltd (Ecoreco) is India’s first and leading professional E-waste Management Company that has set industry benchmarks me and again with its innova ve & environment-friendly disposal prac ces. ,, ,, 3. Logistic costs, including those for recycling, are a significant factor in the overall costs of recycling, making it difficult for developed countries to recycle low- value items and for developing countries to formalize e-waste management. This is the major reason why the situation remains challenging. 4. Liquidity (Investment readiness) in the sector is still not viewed as a necessity in terms of societal and environmental responsibility. Revolutionizing India’s Recycling Industry Through their commitment to innovation, they have developed the most suitable and efficient techniques and technologies to provide affordable local solutions for both individuals and businesses. Their tailored solutions are designed to ensure people get the most value from their e-waste while also helping to safeguard the environment. With their commitment to revolutionizing India’s recycling industry, they are working hard to make sure everyone has the opportunity to contribute to a greener future.
  • 18. With their unwavering commitment to raising awareness and making a positive impact in their industry, they have invested heavily in Awareness Cum Action Drives, including the installation of Eco-Bins, Collection Centers, and Talk Shows. As a result of their efforts, the industry has experienced a higher level of understanding and a greater commitment to sustainability. Their dedication and hard work have ensured that their industry continues to prioritize sustainability and environmental well-being. They treat EPR (Environment Protection Responsibility) and CSR (Citizens’Social Responsibility) as tools to transform the current practice of selling e-waste for monetary gain and spending several times more on medical expenses. By encouraging responsible disposal of e-waste, they strive to reduce environmental damage and create a healthier society. This is a sustainable approach that has not only a positive impact on the environment but also benefits citizens and businesses alike. Fulfilling Socio-Environmental Responsibilities Ecoreco was set up with the mission to deliver on the social and environmental duties of its customers. Their ‘Environment Friendly-Customer First’ mentality is what has allowed them to be successful for the last two decades, with clients ranging from MNCs, NBFCs, Software Giants, and IT-Telecom-White Goods Producers choosing them for their services. This core principle is the driving force behind Ecoreco’s existence. If readers broaden their vision to look beyond customer- specific compliances, they will agree that the role of the Waste Management and Recycling Industry is currently the most significant, not only for safeguarding our environment from un-environmentally friendly hazardous waste handling but also for recycling and replenishing otherwise depleting natural resources for a cleaner and greener climate and sustainable future. Transform India’s Waste Management Scenario with Ecoreco Ecoreco and its 100% subsidiary, Ecoreco Enviro Education Pvt Ltd, are committed to two important CSR projects in India - Waste Management and Skill Development. Through their partnership with the National Skill Development Corporation, Government of India, they provide comprehensive Skill Development Courses to Informal Waste Workers and Aspirants who see great ,, ,, The me is near when India’s stakeholders will recognize and appreciate the revolu onary program launched by Ecoreco. This program encourages end users to dispose of their “E-waste Not for Money, but for the Environment.
  • 19. potential for a career in the Waste Management & Recycling Industry. These courses are designed to give participants the best possible training and education in these fields. Soni is convinced that until Waste Workers (domain experts) understand their obligations to Health-Safety- Environment and how to address these issues, there will be no significant change in India’s Waste Management and the pollution it causes. Ecoreco suggests its clients to dedicate some of their Corporate Social Responsibility (CSR) funds for waste management & upskilling, over and above its typical profit making investments in Health and Education. By doing so, they can make sure that the Waste Workers have the resources required for a brighter and cleaner future. From E-Waste Recyclers to Environment-Conscious E- Waste Warriors 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 the E-waste Management industry. In addition, many of these innovations have been adopted by their competitors. For the past 18 years, Ecoreco has remained at the forefront of environmental responsibility, providing reliable and dependable services that meet the ever-evolving needs of its clients. Their commitment to excellence has enabled them to continually exceed expectations. They take pride in the trust their clients place in them. The “Junk Se Jung” campaign, part of BookMyJunk’s 5- year plan, seeks to transform Money Conscious E-waste Sellers into Environment Conscious E-waste Warriors by 2028. To assist this mission, a free mobile app (available for iOS and Android) and website, www.bookmyjunk.com, has been created to enable citizens and businesses to register and get e-waste collected from their doorstep and that too free of charge. BookMyJunk aims to support 5 million Environment Conscious E-waste Warriors every year through its mobile app and 100 “Recycling on Wheels-SmartER” Facilities. These facilities have been recommended for implementation by the Office of the Principal Scientific Advisor (PSA) to the Smart Cities of India and have been tested, trusted and foud to be trouble-free. Ecoreco’s Powerful Reverse Logistics System Ecoreco has a fleet of trucks and containers, in addition to partnerships with top logistics companies to support its mission of returning raw materials to industries without further depletion of mines. This powerful reverse logistics system will encourage the formal recycling of e-waste, thus making them confident that this mechanism will stop informal and hazardous disposal, protecting human health and the environment. Hence, it is committed to expanding its collection points spread over to the nation in an organized fashion. To meet EPR obligations, it provides a three-tier architecture with last-mile collection points, city-level dismantling centers and national-level recycling centers. As the first Indian company, they are aiming to create a unified reverse logistics network to ensure the efficient collection of e- waste from end consumers nationwide. Secure Your Data Handover of Data Devices, such as Hard Drives, Media tapes, Flash drives, etc., is a major challenge for any organization when disposing I.T. Equipment. These Data Devices contain confidential information of the company, its clients, and personal/ secret information of staff, thus requiring the complete sanitization or destruction of all data before handing over. Thus, their world-class services of data deletion, degaussing, and destruction help clients eliminate fear, meet their data security policies, and provide tailored solutions for data destruction. Utilizing their innovative onsite mobile shredding facility, clients can be sure that their confidential data is destroyed 100% and that they are safeguarded against data leakage. In this way, their comprehensive services of data destruction offer clients peace of mind, safeguards them from paying millions of dollars as penalty and assurs that their data is completely destroyed and beyond recovery. Partnering with Ecoreco to meet EPR Obligation Ecoreco develops customized e-waste collection & recycling systems incorporating Awareness Drives, Evidence-Based Collection, Mobile App for seamless order for collection, Collection Boxes, Door to Door Collection Vans, etc., that strike the ideal balance between cost, convenience, and compliance. Its incredibly effective take-
  • 20. back and recycling program, which is adapted to the demands and specifications of various producers and manufacturers, guarantees the appropriate handling of end- of-life electronic devices. They contribute to the development of the ideal e-waste recycling program using their skills and knowledge. Furthermore, the recycling and disposal methods used by them aim to protect the environment and public health from any potential problems resulting from poor e-waste management. Hence, they assist their clients in maintaining their position at the top and achieving excellence through their cutting-edge e-waste recycling facility and procedures that adhere to international environmental standards, their CSR, EPR & ESG initiatives. Serving Global Clients in 100+ Countries Providing excellent services to telecom, I.T., medical equipment manufacturers, the BFSI segment, the software industry’s leading companies and more, they are actively present in over 100 countries via their reliable recycling partners. These partners are fully compliant with local regulations and work towards helping their customers attain their sustainability objectives while minimizing their environmental impact. Through their worldwide presence and quality service, they are devoted to making the planet a better place. Potential Opportunity With the stricter implementation of the EPR Regime in India, the demand of E-waste Recycling Services in India is growing very rapidly. Ecoreco is enhancing infrastructure, advanced technologies for ITAD, Data Destruction, Recycling, Refining, Reverse Logistic and Automation to accommodate the growing expectations of its current and new clients. Ecoreco is open to discuss with global Recycling & ITAD Companies for Joint Venture & Strategic Investors to raise funds for both organic & inorganic growth to participate in this $ 4 billion industry in India, having potential to grow far rapidly because of incremental demand of digital devices and digitisation in the World’s fastest growing economy. Awards and Recognition Ÿ The only E-waste Recycling Company to win a Gold Medal from the Department of Science & Technology, FICCI, Lockheed Martin, USA. Ÿ The only E-waste Recycling Company to win the prestigious Business Plan award from CII/ NVI/ WRI. st Ÿ The 1 E-waste Recycling Company to win the Environment and Clean Energy Track award from Sankalp. st Ÿ The 1 E-waste Recycling Company to win the Niche Market Player Award from Frost & Sullivan. Ÿ Award for the best E-waste Recycling Company.
  • 21. The way of business solutions Global Subscrip on Choose Excellence, Choose
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  • 24. Ecoware Ecoware Saving the World One Package at a Time There is a rule of nature, ‘What comes from the earth goes back to the earth.’ Mother earth—encompassing every living and non-living thing—functions on this principle. She creates life and consumes it too. But one thing that the earth can’t consume is plastic – the human invention that is changing the biological balance of the earth. From a plastic cup to food packaging, everything is plastic, and unfortunately, most of it is non-degradable. Hence, it is essential to reduce the plastic usage for a sustainable future. This necessity led to the rise of eco-friendly product companies which offer alternatives for the plastic products. One of the leading names in that list is Ecoware, which provides sustainable plant-based food and beverage packaging solutions that are affordable and superior in quality. The Success Story A decade ago, Alex Magaraggia and James Calver two young entrepreneurs commenced on a journey by founding Ecoware – a dynamic and innovative packaging brand that is purpose lead. “We are on a mission to change the way the world views packaging by removing virgin plastics from supply chains and reducing waste to landfill. We have done this by using the world’s most innovative plant-based raw materials, to design and develop elegant, low emission packaging that is designed to be composted post-consumer use.” Being first to market, some 11-12 years back with advanced raw material technology that challenged the well-established plastic industry was by no means a small task for the co-founders. Alex and James, with a small team around them, spent years knocking on doors explaining to prospects that this was indeed the future of the industry. Top 10 Sustainable Waste Management Companies to Watch
  • 25. They were laughed out of board rooms, told to ‘get real’ and more importantly said ‘NO’, for the first five or so years. It was a challenging task for the co-founders. They viewed No as YES, so they kept turning up and refining their product and brand. It took approximately five years for the tide to turn, and then, it was only forward. Ecoware went from only certified compostable hot cups and lids, to having a comprehensive range using a handful of different certified raw materials. Ecoware now has over 500 SKU’s and provides an environmental solution for any takeaway (food and beverage) environment. Its range enables the clients to make their customers proud. “It’s not just the packaging that the clients change, it’s their full brand story and their marketing strategy – after all, sustainability is now ingrained in every corporate decision moving forward,” the co-founders expressed. The past couple of years have seen exponential growth and a shift of attention towards a global market – Ecoware believes that its brand and product offering should and will be recognized as a true global leader in the years to come. The company’s products are currently available in 12+ countries. It has some exciting projects that will be deployed in 2022 to target global growth. Going Green through Technology Alex and James were keen on using the technology to embrace the way in which the business can be approached. Having a mutual understanding, they thought instead of thinking, lets hire another person to implement technology and systems. Every company in today’s climate should be at a minimum investing of $1 in technology, for every $1 they invest in people. “It’s what we believe is required to remain competitive, and more importantly become more efficient at a lower cost,” said James. Green industry is yet to be completely disrupted by AI, but it can play a crucial role in near future. The duo is of the opinion that if they can teach their staff to think this way, they can have a very powerful offering moving into the next decade as real opportunities start to present themselves as the market matures. We are on a mission to change the way the world views packaging by removing virgin plastics from supply chains and reducing waste to landfill. Alex Magaraggia Co-founder James Calver Co-founder www.insightssuccess.com JUNE | 2023 23
  • 26. Facing the Pandemic There is a famous quote in business world, “expect the unexpected.” That said, the unexpected continues to develop and the challenges one would never dream about continue to press companies globally. Keeping this in mind, problems can also be viewed as opportunities – and that is the way the duo view problems at Ecoware. What is the opportunity of solving this problem? There is no one denying the fact that global supply chain is under serious and real cost and delivery pressure. Ecoware was no exception to this. Throughout the past 18 months, the company has been hit with global sea freights increasing over 500%, along with delay and missed connections. James said, “It is essential as a leader during times like this, you put yourself in your customers shoes – when you do, you realize that customers are your number one priority. We have done everything we can, sacrificing profits to put people first.” He believes that when the pandemic will come to an end, Ecoware will be somewhat more future proofed. Envisaging a Green Future While Ecoware services over 4000+ domestic customers and have replaced approximately 1.4 billion units with low emission, sustainable solutions in NZ, in the upcoming years, the company is looking at the globe for expansion. “We will continue to grow our global territories that we currently operate both organically as the world craves sustainable solutions, and also with some investment into those countries that are already taking off,” explained James. Having done extensive market research with the third party govt assistance, team Ecoware is focused on the North American and the European markets as key growth areas. In the world that is moving and changing rapidly, innovation is the catalyst to growth. Ecoware’s growth strategy will be continuous development and deployment of unique and specialized compostable food packaging being brought to market. “There is no such thing as finished, or standing still, one must keep moving and moving because the best is yet to come!” says the leadership team. www.insightssuccess.com JUNE | 2023 24
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  • 28. Greener Future In our modern world, the management of waste has become a critical issue that demands immediate attention. With rapid population growth and increasing industrialization, the generation of waste has reached unprecedented levels. The improper handling and disposal of waste can lead to severe environmental and health consequences. However, by adopting sustainable waste management practices, we can pave the way towards a greener and more sustainable future. Further, we’ll explore the importance of sustainable waste management and its positive impact on the environment, public health, and the economy! Environmental Conservation and Preservation One of the primary reasons why sustainable waste management is crucial is its contribution to environmental conservation and preservation. Improper waste disposal methods, such as landfilling and incineration, release harmful substances into the air, soil, and water, leading to pollution and degradation of natural resources. By implementing sustainable waste management techniques like recycling, composting, and waste reduction, we can minimize the negative environmental impact of waste and preserve our precious ecosystems. Recycling plays a vital role in sustainable waste management. It involves the collection, sorting, and processing of recyclable materials, such as paper, plastic, glass, and metal, to produce new products. By recycling, we reduce the demand for raw materials, The Importance ofSuainable WASTE Management www.insightssuccess.com JUNE | 2023 26
  • 29. 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 trimmings, can be converted into nutrient-rich compost 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 landfills and promoting composting, we not only reduce methane emissions but also promote healthier and more sustainable agricultural practices. 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 sources, and the release of hazardous substances into the environment. By implementing sustainable waste management practices, we can mitigate these risks and protect the well-being of communities. One of the key elements of sustainable waste management is proper waste segregation. By separating different types of waste at the source, such as recyclables, organic waste, and hazardous materials, we can ensure that each type is appropriately handled and treated. This prevents cross- contamination, reduces the risk of accidents and spills, and enables effective recycling and disposal processes. Moreover, sustainable waste management practices, such as landfill design and operation, help minimize the potential for groundwater contamination. Landfills engineered with protective liners and leachate collection systems prevent harmful substances from seeping into the soil and polluting groundwater sources. By safeguarding our water resources, we can maintain public health and ensure the availability of clean drinking water for future generations. Economic Benefits and Resource Efficiency Implementing sustainable waste management practices also brings about significant economic benefits and promotes resource efficiency. Traditional waste management methods, such as landfilling and incineration, are often www.insightssuccess.com JUNE | 2023 27
  • 30. expensive and resource-intensive. In contrast, sustainable waste management approaches offer more cost-effective and efficient solutions. Recycling, for instance, creates economic opportunities by generating jobs in the collection, sorting, and processing of recyclable materials. It also stimulates the growth of recycling industries and encourages innovation in waste management technologies. By embracing recycling, communities can reduce waste management costs and divert valuable materials from landfills, thus preserving natural resources and reducing the need for costly extraction and production processes. Additionally, sustainable waste management practices help in conserving energy and reduce carbon emissions. Recycling and waste-to-energy technologies, such as anaerobic digestion and waste-to-energy incineration, harness the energy potential of waste materials. By converting organic waste into biogas or generating electricity from the combustion of non-recyclable waste, we can reduce reliance on fossil fuels and contribute to a more sustainable energy mix. This not only helps combat climate change but also creates opportunities for renewable energy production and reduces greenhouse gas emissions. Sustainable waste management promotes resource efficiency by encouraging waste reduction and reuse. By implementing waste prevention strategies, such as promoting reusable products, encouraging packaging redesign, and supporting the sharing economy, we can minimize the generation of waste at its source. This not only conserves natural resources but also reduces the environmental impact associated with the extraction, manufacturing, and transportation of new goods. Education and Awareness Education and awareness play a pivotal role in driving sustainable waste management practices. By promoting environmental literacy and raising awareness about the importance of waste reduction, recycling, and proper disposal, we can empower individuals and communities to make informed decisions and take responsible actions. Educational campaigns can target different audiences, from schools and households to businesses and industries, highlighting the benefits and practicalities of sustainable waste management. Providing information on recycling programs, composting techniques, and hazardous waste -P.D.Bombarde disposal options can help individuals understand their role in waste management and inspire them to adopt eco-friendly practices. Moreover, incorporating waste management education into school curricula can instill environmental consciousness in future generations. By teaching children about the environmental impact of waste and the importance of sustainable practices, we can cultivate a culture of responsible waste management from an early age. Government Policies and Collaborative Efforts To achieve a greener future through sustainable waste management, it is essential for governments to enact supportive policies and regulations. Governments can incentivize recycling and composting initiatives, promote extended producer responsibility, and implement waste reduction targets. By providing financial incentives, tax benefits, and grants, governments can encourage businesses and industries to invest in sustainable waste management infrastructure and technologies. Collaborative efforts between government, industry, and civil society are also crucial. Partnerships and collaborations can foster innovation, knowledge sharing, and resource pooling, leading to more effective and efficient waste management systems. Engaging stakeholders from different sectors can generate creative solutions, address challenges, and ensure the implementation of comprehensive waste management strategies. To Conclude, The importance of sustainable waste management cannot be overstated. It offers numerous benefits, including environmental conservation, public health and safety, economic advantages, resource efficiency, and the promotion of education and awareness. By adopting sustainable waste management practices at individual, community, and governmental levels, we can pave the way toward a greener future. It is crucial that we prioritize the implementation of sustainable waste management strategies to safeguard our environment, protect public health, and create a sustainable and prosperous society for generations to come. www.insightssuccess.com JUNE | 2023 28
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  • 32. s our planet faces increasing Aenvironmental challenges, more and more businesses are realizing the importance of adopting sustainable practices. The shift towards sustainability is not just a trend but a necessity for the survival of our planet and future generations. Companies across industries are looking for innovative solutions to minimize their environmental impact and create a more sustainable future. Leading the charge in this initiative is Flame UK, a top-tier facilities management firm that specializes in sustainable waste, energy, and water solutions. Through their customized waste management and recovery approaches, they equip enterprises with the tools to adopt sustainability practices and save on expenses. At the helm of Flame UK is the dynamic and visionary Managing Director, Pam Knight. Under her leadership, Flame UK has become a trailblazer in the field, offering comprehensive services that enable businesses to achieve their carbon neutrality goals. Flame UK stands out from the competition due to its exceptional ability to design customized waste management systems that not only decrease carbon emissions but also increase resource recovery. By utilizing state-of-the-art technology, they optimize waste collections and identify the most effective disposal methods, resulting in a substantial decrease in environmental impact. Their area of expertise is serving intricate and multi-faceted businesses by streamlining their systems with a unified approach. With Flame UK as their partner, businesses can benefit from having a solitary supplier, a dedicated account manager, and streamlined invoicing. This simplified process not only makes operations more efficient but also enhances cost- effectiveness and accountability. Flame UK’s pioneering approach to waste management and sustainability is revolutionizing the industry, setting a new standard for businesses across the board. Join us as we explore the intricate process of managing waste at Flame UK! Please give us a brief description of your company, its objectives, and the most important factors contributing to its success. Flame UK provides businesses throughout the UK with sustainable waste and energy solutions. As a carbon-neutral business ourselves, we aim to support our customers on their own journeys to become more sustainable. Established in 2015, Flame UK has gone from strength to strength, achieving significant growth and securing contracts with large national clients, securing our position as one of the key players in the waste management sector. Kindly brief about yourself and your motivational journey until your current designation at your company? My main motivation was set up to create a sustainable future for my three sons. I wanted to create a business where they could participate, grow, develop, and succeed if they chose to. With my banking background, expertise in the waste sector, and personal guarantees, I worked hard to build supplier credit over the years. This lets us win and deliver multiple national contracts. We’re a family-run business, so family values are at the heart of how we operate as a business, along with how we support and build relationships with our clients. Flame UK Sustainable Solu ons for a Greener Future Pioneering Bespoke Waste Management Strategies for Businesses to Achieve Carbon Neutrality and Cost Reduction! Top 10 Sustainable Waste Management Companies to Watch www.insightssuccess.com JUNE | 2023 30
  • 33. Pam Knight Managing Director Flame UK www.insightssuccess.com JUNE | 2023 31
  • 34. What is the specialty of your unique offerings, and how does it contribute to maintaining the company’s excellent position in the industry? Our unique position as a waste broker allows us to provide bespoke services tailored to fit every customer’s individual needs. We’ll work with our network of approved suppliers to create a personalized waste management plan to ensure we can create a sustainable solution for every waste stream. We are also one of the first waste brokers in the UK to provide a carbon-neutral waste collection service, helping our customers to achieve their ambitions of becoming more sustainable themselves. What is your company’s approach to sustainability in waste management, and how do you ensure compliance with local and state regulations on waste management? At Flame UK, we believe there’s a recovery route for every waste stream. We operate on a zero-to-landfill approach to ensure as much waste as possible is diverted from landfill. We’re incredibly proud to have been able to find different recovery routes for waste streams that are often viewed as ‘unrecyclable.’ This includes a range of materials from used disposable vapes to food waste. We know that resources are limited, so we feel a responsibility to do what we can to discover new recovery routes for waste and protect the resources we already have. We provide all our customers with a high level of waste reporting, allowing them to see exactly where their waste is disposed of and helping them to ensure they’re compliant with all environmental legislation. As a fully licensed waste carrier, we’ll work with our customers to ensure their waste is dealt with correctly and safely. How do you measure the success of your sustainable waste management initiatives? As a business, we’re constantly evaluating how we can improve our sustainable waste management initiatives. We’re tracking the carbon footprint of around 90% of our waste collections. This enables us to identify key areas of improvement and helps with making collections even more sustainable. On a personal level, we’re tracking our carbon footprint as a business, too, not just our operations. We had our carbon emissions calculated by Nottingham Trent University and, from this, were able to make the necessary changes to become a carbon-neutral business. We’re working on a www.insightssuccess.com JUNE | 2023 32
  • 35. roadmap to look at how our business can become more sustainable through both our business operations and our waste management initiatives. What efforts have you made to educate your customers and employees about the importance of sustainable waste management? One of Flame UK’s current projects is Flame Sustain. This guide is set to help businesses become more sustainable through their waste management. Illustrating a roadmap to showcase our journey to sustainability, covering numerous objectives we have set ourselves to further our efforts to sustainability. We believe one of the best things we can do as a sustainable business is to educate our employees on everything sustainability. If we can continue to invest in and educate our employees, they’re in a better position to help our customers with their sustainability journeys. Our staff is constantly taking part in carbon management and sustainability courses. Training for newer members of staff is also provided as part of their induction to help develop their knowledge. The more they know, the more they can help the businesses we work with. As an inventive leader, what advice would you give to other companies looking to implement sustainable waste management practices? The best advice we could give to other businesses is to make a start. There’s a common misconception that sustainability is a big scary journey, but there are so many small things you can implement to make your waste management more sustainable. It can be as small as putting a compost bin in your office kitchen for food waste. Once you’ve got the ball rolling, it becomes even easier to become more sustainable with your waste. Take a look at all your different waste streams and identify all the changes you could implement. Once you’ve got sight of the bigger picture, making your business more sustainable will no longer seem like a daunting task. How to envision scaling your organization’s services and operations in 2023 and beyond? Going forward, we’re aiming to expand our network of 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 material, and finding these is crucial for the future of the planet. Please give us a few testimonials from your clients and awards or recognition that accurately highlight your achievements in this sector. Richard Ford – General Manager at Bar Iberico: “Flame UK found a really affordable way to change our food waste into biofuel by having separate food waste bins. Now from prep to plate, all our food waste goes into separate bins and is then processed by Flame UK. It’s great for us to become more sustainable and see our food waste not go to landfill. It’s helped us by reducing our general waste costs”. Since beginning to work with Bar Iberico in January 2023, we’ve been able to divert 6.4 tonnes of food waste from landfill. https://flameuk.co.uk/case-study/bar-iberico/ Lawrance Allen – Head of Operations at Magnet Expert: “We want to be as green as possible and didn’t like the fact that we weren’t recycling. Now we know that everything which can be recycled is being recycled. That’s the biggest benefit. The great thing about Flame UK is that the team can handle everything. Our relationship is based on knowledge and trust, a real sense of care in what Flame UK does”. https://flameuk.co.uk/case-study/magnet-expert/ Flame UK ranked 22nd in TechRound’s Sustainability60, looking at the top 60 most innovative sustainability companies across Europe. https://techround.co.uk/sustainable-tech/22-flame-uk/ Currently sponsoring the Sustainability Award at the Midlands Family Business Awards 2023. Flame UK is leading the charge in revolu onizing waste management with our sustainable solu ons. We believe that businesses can achieve their carbon neutrality goals while saving on expenses. , , ,, www.insightssuccess.com JUNE | 2023 33
  • 36. Sustainable Future The Role of INDIVIDUALS BUSINESSES in and WASTE Management www.insightssuccess.com JUNE | 2023 34
  • 37. aste management is a collective Wresponsibility that involves the active participation of individuals and businesses. In today's world, where waste generation is at an all-time high, it is crucial for individuals and businesses to play a proactive role in managing waste in a sustainable manner. This article further explores the significance of individuals and businesses in waste management and how their actions can contribute to a sustainable future! Individual Responsibility Individuals have a vital role to play in waste management. Small actions taken by each person can collectively make a significant impact on reducing waste generation and promoting sustainable 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. www.insightssuccess.com JUNE | 2023 35
  • 38. One of the key areas where businesses can make a difference is in packaging. By adopting eco-friendly packaging solutions, businesses can minimize waste generation and reduce the use of non-recyclable materials. This can involve using recyclable or biodegradable packaging materials and designing packaging that is easily recyclable. Additionally, businesses can explore options such as bulk packaging or refillable containers to reduce packaging waste. Another aspect of sustainable waste management for businesses is waste reduction in their operations. By implementing practices such as inventory management, efficient production processes, and minimizing product waste, businesses can reduce the overall waste generated in their day-to-day operations. This not only helps the environment but also improves operational efficiency and reduces costs. Businesses can also play a significant role in recycling by establishing partnerships with recycling companies or implementing in-house recycling programs. By providing employees with designated recycling bins, educating them on proper waste segregation, and ensuring the collection and recycling of recyclable materials, businesses can make a tangible impact on waste reduction and resource conservation. Waste Management Innovation Both individuals and businesses have the opportunity to contribute to waste management innovation by embracing new technologies and practices. Individuals can actively seek out innovative solutions such as composting systems for organic waste or investing in household recycling technologies. By staying informed about advancements in waste management, individuals can adopt new practices that align with sustainability goals and help create a more circular economy. Businesses, on the other hand, can invest in research and development to discover innovative waste management technologies. This can involve exploring waste-to-energy conversion technologies, such as anaerobic digestion or gasification, which can help generate energy from organic waste or non-recyclable materials. Additionally, businesses can support the development of new recycling technologies that can handle complex or hard-to-recycle materials, thereby expanding the possibilities for waste diversion and resource recovery. Collaboration and Partnerships Collaboration and partnerships between individuals, businesses, and government entities are essential for effective waste management and achieving a sustainable future. Individuals can collaborate with community organizations and local authorities to promote waste management initiatives. By participating in neighborhood clean-up events, joining recycling programs, and advocating for sustainable waste management practices, individuals can create a collective impact and foster a sense of environmental stewardship within their communities. Businesses can collaborate with waste management companies and organizations to develop innovative solutions and improve waste management infrastructure. By sharing best practices, participating in industry forums, and engaging in public-private partnerships, businesses can contribute to the development of comprehensive waste management systems that prioritize sustainability and resource efficiency. Government entities play a crucial role in waste management through the development and implementation of policies and regulations. Governments can establish recycling targets, provide incentives for businesses and individuals to adopt sustainable practices, and enforce waste management guidelines. They can also invest in waste management infrastructure and support research and development in waste reduction and recycling technologies. Conclusion The role of individuals and businesses in waste management is instrumental in shaping a sustainable future. By embracing waste reduction practices, properly segregating waste, participating in recycling programs, and fostering innovation, individuals can contribute to a greener environment. Businesses, on the other hand, can lead by example through sustainable packaging, waste reduction in operations, and investment in recycling initiatives. Collaboration between individuals, businesses, and government entities is crucial for creating effective waste management systems and achieving long-term sustainability goals. By working together, we can create a future where waste is minimized, resources are conserved, and the environment is protected for generations to come. -A.K. Tarade www.insightssuccess.com JUNE | 2023 36
  • 39.
  • 40. “ “ Recykal aims to drive transformation in the waste management sector and craft a sustainable future. By embracing circular economy principles, harnessing technology, forging partnerships, educating consumers, and advocating for policy reforms, we can lead the charge in streamlining the disconnected waste management ecosystem. Let us join hands and embark on this transformative journey to a cleaner, greener, and more sustainable world for generations to come. ABHAY DESHPANDE FOUNDER AND CEO RECYKAL
  • 41. Facilitating Sustainability and Circularity for Corporates, Government Agencies, and Waste Aggregators! ecykal, led by its Founder and CEO Abhay RDeshpande, is a tech pioneer in digitally empowered solutions for circularity and sustainability. The company took on the challenge of transforming informal waste management practices by introducing technology-driven solutions that enable the 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 efficient waste management solutions, Recykal has been able to streamline the informal waste management sector by ensuring transparency, traceability, and fair pricing for waste materials. It is committed to supporting a circular economy that balances economic growth with environmental protection and community development. Recykal is facilitating circularity and sustainability for corporates, brands, government agencies, and waste aggregators as a pathway toward establishing effective waste management practices. Furthermore, Recykal is strongly advocating the adoption of sustainable waste management practices, ensuring that they are more systematic, effective, sustainable, and environmentally friendly. Let us delve deeper into the insights of Recykal! “In conversation with Abhay Deshpande, Founder and CEO, Recykal.” Can you provide us with a concise overview of your company, its goals, and the critical factors driving its achievements? Recykal, a tech startup based in Hyderabad, India, offers smart solutions for enabling the circular economy and sustainability. Introducing technology-driven solutions that 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 access to growth opportunities. Innovation is a key factor contributing to Recykal’s success, as the company continuously explores new technologies and approaches to streamline waste management and remains committed to staying ahead of the curve when it comes to sustainability practices. Another key factor contributing to our success is our emphasis on collaboration. We work closely with our partners and clients to design customized solutions that meet their unique needs and support their sustainability goals. These solutions power the largest Circularity Marketplace in Asia, channelizing more than 50,000MT/month. Our Technology, Data Reporting solutions help Brands, Governments, Policymakers, Organizations, and Communities adopt sustainable practices while creating social, economic, and environmental impact at scale. Recykal’s circularity ecosystem connects Waste Generators (Businesses, Consumers), Waste Processors (Aggregators, Informal Sectors), and Recyclers and enables transactions between them, bringing transparency and traceability to the ecosystem. Could you provide a brief of your background and the journey that motivated you to your current position in the company? In 1998, I started Malamall.com, which launched in a market that was not ready for it at the time. However, I learned a lot from this experience. Later in 2007, we formed a SaaS company called Martjack, which worked with companies like Pizza Hut, Walmart, and Future Group. Eight years later, it was acquired by Capillary Technologies. Empowering a Sustainable Future through Digital Recycling Solutions Recykal www.insightssuccess.com JUNE | 2023 39 Top 10 Sustainable Waste Management Companies to Watch
  • 42. Even after the success of Martjack, I still felt the hunger to create something even more purposeful and impactful. Hence, after deep research, I decided that waste management could be the next big thing for me. Therefore, along with Abhishek Deshpande and Anirudha Jalan, we started Recykal in 2017. Later, Ekta Narain and Vikram Prabakar also joined our journey. Now we have a PAN India presence with the largest and most digitally integrated network of brands, recyclers, waste aggregators, and government agencies in Recykal’s Ecosystem. What is the specialty of your unique offerings, and how does it contribute to maintaining the company’s excellent position in the industry? Our Products: Ÿ Sustainability Solutions: A suite of solutions empowering enterprises to achieve Net Zero, drive behavioral change, and deliver measurable impact on sustainability. 1) EPR Loop: Helps track and trace and fulfill EPR targets, transactions, and performance and enables brands to run their consumer awareness programs and also comply with the Extended Producer Responsibility (EPR) rules outlined by the government. 2) Plastic Neutrality: A solution for zeroing the plastic footprint of businesses. Ÿ Circularity: Helps digitize industrial waste management operations with ease and provides a bird’s eye view of multi-facility operations. Ÿ Deposit Refund System: Drive behavioral change among consumers to reduce littering. Ÿ Smart Skan: Revolutionizes segregation at the source using AI-built waste data models. Ÿ Smart Center: A solution for digitizing waste management centers. Ÿ Awareness Programs: Tech-driven sustainability learning for impactful employee and other stakeholder transformations. Ÿ Circularity Marketplace: A managed marketplace for recyclables that helps aggregators and recyclers digitally transform their business with AI-driven prediction of material rates, quality, and profitability-driven buyer- seller mapping with fast payment and hassle-free logistics. We operate in these categories: Plastic, paper, metal, e-waste, tyre, and batteries. “ “ Recykal helps scrap recyclers and aggregators streamline their operations and increase their revenues, driving quality, trust, and better value for recyclables. www.insightssuccess.com JUNE | 2023 40
  • 43. How does Recykal help brands, recyclers, and government agencies? Recykal Provides Circularity and Sustainability Solutions to Brands, Recyclers, and Govt. Agencies with a set of digitally empowered tools that can be further customized for effective waste management. 1. Brands: Recykal helps brands implement Extended Producer Responsibility (EPR) compliance, which requires brands to take responsibility for the disposal of their products after they have been used. Recykal offers a variety of services to help brands achieve this goal, including setting up recycling programs, tracking metrics, and implementing effective communication strategies. Brands can also run take-back programs to become plastic-neutral. Recykal offers IT Asset Disposal services for brands with heavy IT inventory. With 100% secure data erasure, privacy protection, refurbishing/reuse services for the equipment, if possible, and Recykal takes care of recycling the remaining e-waste responsibly. This process helps to reduce the environmental impact caused by electronic waste and offers a comprehensive solution for e-waste management. 2. Recyclers: Recykal’s Marketplace connects the recyclers and sellers of plastic/paper/metal/e-waste scrap to transact efficiently in a single platform. Recykal Marketplace solves the challenges of consistent material supply, timely payments for sellers, and traceability and transparency in transactions for recyclers. With our marketplace, we are bridging the gap between demand and supply and building an Amazon for sellers & buyers alike. 3. Government Agencies: Recykal helps government agencies monitor and enforce regulations related to waste management and recycling. e.g., Recykal digitizes Material Recovery Facilities as Smart Centres with the implementation of “Smart Skan” an AI- powered waste analytics and sorting program. For the implementation of Smart Skan, QR-coded plastic bags are distributed to households, and only dry waste is collected in these bags. These bags are collected, and the waste is segregated into different categories at the MRF (Material Recovery Facility) center with Smart Skan. Smart Skan is aimed at preventing the contamination of plastic by keeping it separate from wet waste and educating users on the importance of responsible waste management. It induces behavioral change amongst consumers toward proper waste disposal, provides information on recycling options, and allows government agencies to track waste back to the generator. Apart from Smart Skan, Recykal’s Digital DRS (Deposit Refund System) is benefitting Municipal Corporations and other government bodies in India. Digital DRS involves providing serial unique identification codes (SUIN) to distributors of consumer goods, which are then affixed to the product packaging. Customers are required to pay a refundable deposit at the point of purchase, which varies from Rs. 2 to 10 depending on the type of packaging material. When the packaging material is returned to the collection center after usage, customers are refunded the deposit upon scanning the SUIN. This cycle of waste collection and recycling ensures the circularity of waste materials, promoting sustainability and responsible waste disposal habits among residents and tourists. The digital DRS system applies to various types of product packaging, including chip packets, water and cold drink bottles, sachets, shampoo and other personal care product bottles, tetra packs, milk packets, aluminum cans, and glass containers. How does the Recykal Foundation contribute to changes that promote sustainability and enable a circular economy? Recykal aims to make a positive impact on the stakeholders involved in the waste management sector by working closely with waste collectors and providing them with safety training and opportunities to increase their income. One of our verticals, ‘Recykal Foundation,’ focuses on educating the community about the concept of the circular economy, raising awareness through campaigns, and increasing efficiency in waste management practices. Recykal Foundation collaborates with other organizations to educate people on recycling and responsible waste management. Through outreach programs that include tailor-made activities and CSR initiatives, Recykal encourages people to participate in waste reduction activities. How do you measure the success of your sustainable waste management initiatives? Recykal’s unique, integrated approach marks India’s first digital circularity and sustainability company that connects waste generators with waste processors and recyclers, and brand owners to solve some of the biggest challenges faced by the industry. Today, we have 210+ brands, 325+ recyclers and co-processors, 10,000+ businesses, www.insightssuccess.com JUNE | 2023 41
  • 44. 190+ urban local bodies, 3000+ service providers, and aggregators associated with us. We have channelized 4,00,000 + MT of material. Our efforts for revolutionizing the waste-commerce sector with digital innovations led to recognition as a “Technology Pioneer” by the World Economic Forum; other honors include The Economic Times’Award as India’s Growth Champions 2023, Excellence in Waste Management as a PRO by the CII 3R Awards and Best Soonicorn by Business World. Recykal has made the list of Financial Times’ Top 500 High-Growth Companies Asia Pacific 2023 with 6th rank, and also listed among the top 5 players in Fast Company’s 50 most innovative companies in APAC region, Recykal’s digital DRS (Deposit Refund System) won the Digital India Award 2022 for plastic halting at the holy pilgrimage site Kedarnath in association with the Govt. of Uttarakhand. As an inventive leader, what advice would you give to other companies looking to implement sustainable waste management practices? Our advice would be to start small, focus on education and communication, leverage technology, and work with 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 employees in sustainability practices and partnering with waste management firms that can accelerate the company’s sustainability efforts. Conducting regular audits and measurements of waste management’s effectiveness to monitor progress and identify opportunities for ongoing improvement. By doing so, companies can make a significant impact on reducing waste and contributing to a more sustainable future. How do you envision scaling your organization’s services and operations in 2023 and beyond? Recykal’s vision is to channel 5% of India’s waste into a circular economy. We have made inroads into new categories like tyres and batteries and aim to grow their volume similar to what we have done in plastics, e-waste, and paper. We plan to implement dDRS in multiple ULBs and even a state-level implementation. It can be inferred from the environmental policies enforced by developed and developing countries that the volume and scope of recycling will continue to grow in the next 25 years. Upon achieving the set goals, recycling has the potential to become the thought leader in the clean-tech and sustainability space. www.insightssuccess.com JUNE | 2023 42
  • 45.
  • 46. TEKNTRASH Changing the Landscape of Sustainability When a certain company’s scrap is properly disposed, the chances of them ending up on the black market are less to none. A company can also be confident that its liability will be reduced, that its competitors will not gain an advantage, and that the quality of its product will stay good. Sometimes, it is difficult to manage and trace the supply chain of the purchase, usage, and the disposal of a product. But the role of modern technology, especially the likes of AI, can play a vital role in the supply chain. Using certified destruction services, the disposal procedure can be tracked and secured. This chain of custody ensures the highest level of professionalism by including photographic and video evidence of the destruction. Looking at this, TeknTrash, an AI analytics company started to offer its services to deliver the missing link of product lifecycle. It uses AI to locate products at disposal time and thus obtain real time consumer data. In the following interview, Al Costa, the Founder and CEO of TeknTrash, sheds light on the journey of his company, its offerings, and the future aspects of the GreenTech sector. Please brief our audience about TeknTrash, its USPs, and how exactly does it help companies match their sales to their effective consumption. TeknTrash is an AI and analytics company which obtains data from trash. We believe that today we recycle everything except the most important part, which is the consumer data a product contains. So, the who, the when, and the where of a disposed product are important metrics which need to be accounted for, and yet for some reason they are not. We live in a data-based world and data has been named the ‘new oil’ which makes even less sense. Finally, while we buy our products from many sources, there is one single place where they all eventually end up at, which is the garbage. Thus, being able to locate those products there means knowing the entire consumption of an individual, and that is powerful. Shed some light on TeknTrash’s offerings and how they impact the industry and its clients? We believe the recycling model is a failed one, as it only punishes if people don’t recycle, but does not reward if they do. And because it depends on the sale of materials, which pays little, so it is unable to pay too. The end result is that today 11% of methane in the atmosphere already comes from trash (and methane is 88 times stronger than CO2 causing global warming), only 6% of plastic is actually recycled, the largest trash dump is actually the Great Pacific Garbage Patch, etc. So, we think data is the solution to that problem because it is valuable. So, we can reward people for recycling. To that end, we created stipra.com, which is currently the only service that effectively rewards people for proper recycling, while providing valuable post-sales data. Regular people register at stipra.com and take pictures of their consumer products before throwing them in the trash. Companies then register at corp.stipra.com and consume that data, geolocating where their products ended up. So, this allows consumer product companies know their consumers better, encourages proper recycling, and creates a source of income for vulnerable people. www.insightssuccess.com JUNE | 2023 44
  • 47. We are embarking on a major fundraise which will allow us ultimately to develop a smart bin. , , , , Al, please brief us about your journey in the industry and how you have contributed to TeknTrash’s success. I am a biologist with an MA in Computer Engineering. My father was a diplomat and I’ve lived in countries such as Haiti, so poverty alleviation is something deeply ingrained in me. I founded TeknTrash while living in Barcelona and later I came to the UK to promote it. Before that, I created companies in USA, UK, Brazil, and Spain, sold my first to one listed in Nasdaq, fundraised in Silicon Valley, lost everything in another, so it’s been a fun ride. And thus, I am called to help startups with marketing, fundraising, and strategy. TeknTrash is led by a team of scientists and thus, we do not enjoy the greenwashing that unfortunately is taking place in the market. To that end, I brought in Dr Kaveh Madani, who served as the Deputy Head of Iran’s Department of Environment and was Vice President of the United Nations Environmental Assembly Bureau, to create a business model which effectively rewards companies participating in Stipra with real and accountable carbon credits. In fact, since garbage produces methane and that is such a strong GHG gas, even a single bottle produces enough carbon to be able to translate into credits, so that means companies can obtain carbon credits they can sell in the market for using stipra. For example, Tesla makes more money from selling carbon credits to its competitors than actual car sales, so that is a real opportunity for companies. Being an experienced leader, share your opinion on how the adoption of modern technologies has impacted the green tech space and what more could be expected in the future? When it comes to Greentech, I always make a comparison with the Brazilian ethanol model. Having lived in that country for 20 years, I saw how it created a biofuel model that is actually sustainable and widely implemented, as all fuel pumps carry ethanol, all petrol carries 27.5% ethanol, ½ of the fleet is flex, etc. And that was created not by the need to be sustainable and to reduce carbon, but simply because the country would not have the funds to import oil during the fuel crisis of 1973. Thus, we need to look at the financial sustainability of a green solution, as that speaks much louder than the ESG component, and therefore is more able to bring widespread usage and real ESG benefits. In fact, if our leaders could see the clear financial benefit of ESG, they would take actions, but they are only presented with the pure environmental benefits, so they of course don’t care. So, it’s a poor marketing scheme if you ask me. Al Costa Founder and CEO www.insightssuccess.com JUNE | 2023 45 Top 10 Sustainable Waste Management Companies to Watch
  • 48. TeknTrash to sustain operations while ensuring the safety of your employees at the same time? We may be one of the few companies which were unaffected from the pandemic, as our operations were already remote, and I plan them to ever be. In this, I always make a comparison with Harry Potter’s Gringotts Bank. This bank has no ATMs, APP, online presence, etc. It requires its customers to go to the one and only office for any common banking operation such as withdrawing, depositing, getting a statement, etc. However, no one today would open an account in a bank which requires its customers to go there. On the other hand, no one would trust a lot of money to a bank which has no offices, where one can go and physically speak with a manager when things go sour. That’s why banks created ATMs. These are ‘offices’ of sorts where people can do most of their everyday banking operations, and if they require something fancier, then they can go to the main one. At TeknTrash, we plan to have a similar model. We will have small offices (ATMs) spread across the UK where employees can work, meet, and do usual everyday work. 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 close to their homes, while still physically interacting with other employees. They will have an app which allow them to choose the closest office to wherever they are at the moment, open the door, get a laptop, printer, etc. from some closet, have a coffee, turn on the heating, etc. For example, if they need to have a meeting with many people, they can choose a larger office or just go to the main one. That way, they don’t need to waste their lives away commuting to work and they can still feel part of an enterprise instead of feeling like they work in solitude of some trappist monastery. 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. Basically, going there, doing the wrong things, talking to wrong people, closing the wrong deals, etc., and by doing that acquiring the expertise, knowledge, techniques, etc. that the best MBA would not be able to provide. Both methods lead to success, the only difference is the second takes longer as it requires many more tries, but it is also more satisfying due to learning along the way. How do you envision scaling TeknTrash’s operations and offerings in 2023 and beyond? We are embarking on a major fundraise which will allow us ultimately to develop a smart bin. This will allow people to just throw their garbage in one single bag, do the recycling, take pictures of all the products, and reward in stipra.com the corresponding points. These bins will initially be deployed in shopping centers, as we believe that the public would prefer to go to a shopping center that uses smart bins which reward people for their disposed products rather than others that have old and boring garbage cans. In the future, we envision this to become a major player in the recycling industry, as we could take the content of this bins to the recycling centers, charge for that service, and they would be glad to pay as the products would already much better recycled than through them. So, they would be able to sell more paper, plastic, metal, etc. Demonstrating Excellence TeknTrash is a finalist to the Red Herring Top 100 Europe competition in 2021. It was selected by the WEF (World Economic Forum) as one of the three most impactful technologies, and Euronews chose TeknTrash as #1 Greentech company to watch in 2021. “So far, we received three grants, so we are making good noise and getting recognition. Stipra.com is already capturing data on top products such as Nescafé, Nivea, Pepsi, and even Ikea furniture! So, we are happy overall,” Al concludes. www.insightssuccess.com JUNE | 2023 46 Considering the current pandemic, what initial challenges did TeknTrash face and how did you drive
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