Waste reduction is a core principle of the circular economyThe circular economy is a restorative and regenerative economy. By maintaining the value of the products, materials and resources in the economy through smart product design, repurposing and/or shared use of products, it reduces the extraction of natural resources by using resources already present in the economy.. But for many businesses, balancing profitability and waste reduction remains a major challenge. Here are some practical tools to help you achieve that balance.
1. Map out your waste streams
Identify each type of waste produced at the various stages of your production process. Sorting your waste correctly will make this analysis easier. Are these recyclable materials (glass, plastic and metal packaging, cardboard, etc.), or are you still left with a mountain of residual waste? If you’re having trouble carrying out this analysis yourself, there are many experts and organisations that can help
2. Opt for alternatives
Be honest and identify avoidable waste streams. For example, could you switch to recyclable raw materials? Is ecodesignEcodesign allows a product design to be adapted in view of its repair or a full or partial repurposing of its components at the end of its useful life. an option? Be sure to consider economic feasibility and weigh up the pros and cons. Reusable materials might be more expensive, but they can also save you money on waste treatment.
3. A new life for your waste
Sell your waste. There are companies that could use your waste as raw material. Specialist platforms, both private and public, can help you find the right partners to set up such collaborations:
Success stories that inspire
Still unsure whether your waste streams could have a second life? The following examples may offer inspiration: