Archives June 2022

Extended Producer Responsibility (EPR) – policies are usually mandatory (government), negotiated, or voluntary. But which method is best? In economies that are market-driven, voluntary measures are preferred. Unfortunately, when dealing with the environment, negotiated and mandatory policies have consistently been required to solve environmental issues. However, as an example of voluntary participation, Rundle Eco Services Ltd. is able to collect waste material from field operations in the energy industry, and recycle it into different products for future use. All while making a profit and supporting the environment.

#recycling #greentechnology #ecocapitalism #profits #epr

To continue on the theme of Extended Producer Responsibility (EPR) – why would a business like Rundle Eco Services Ltd. take the time to recycle plastic when it doesn’t have to?

Because the problem (opportunity) is large.

Canadians throw away over 3 million tonnes of plastic waste every year.

Only ~10% is recycled while the rest ends up in our landfills, waste-to-energy facilities or the environment.

That means ~2,700,000 tonnes of plastic end up buried in the ground, or worse, threatening the health of the environment including wildlife, rivers, lakes and oceans.

However, this creates opportunity for industry.

Those able to solve the problem of plastic waste will be rewarded in the marketplace as consumers & investors award companies supporting the environment.

Check out the article below to learn more: https://hbr.org/2019/05/the-investor-revolution
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#investing #green #tech #entrepreneurship #rundle #canada

In the last few posts, Rundle Eco Services Ltd. outlined what Extended Producer Responsibility (EPR) is, & how we are contributing to these efforts. The next question is why is EPR important? EPR supports waste reduction, reuse and recycling activities, and reduces the burden on municipalities for the physical and/or financial requirements of waste management by providing a non-tax base funding for the programs. Considering that municipalities have limited ability to affect the generation of waste, EPR as a concept aims to shift waste management costs onto producers, who have the ability to incorporate changes in product and packaging design to reduce waste.
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#epr #recycle #greentech #entrepreneurship #canada #ecocapitalism

Continuing on the theme of Extended Producer Responsibility – container take-back programs,are a simple example of EPR that has been effective in many places. In most cases, consumers will pay a small deposit when products are sold (usually beverages), which is refunded when the packaging waste is returned to the retailer. This places a legal responsibility on the retailer to take back containers for recycling or reuse, and there are currently ten states in the US implementing container deposit laws set out by local government. Rundle Eco Services Ltd. also supports ERP by collecting waste on behalf of producers so that it does not end up in the landfill. Check out the article below to learn more!

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https://www.rts.com/blog/what-is-extended-producer-responsibility/

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#erp #recycling #greentech #innovation #entrepreneurship

To expand on last week’s post of Extended Producer Responsibility (ERP), this week’s post highlights Germany company BASF ‘s innovative blockchain project in the province of British Columbia (BC), Canada aimed at promoting a ‘more competitive circular plastics supply chain’. The technology enables the secured sharing of transactional data while improving the sorting, tracing and monitoring of plastics throughout the value chain. Check out the article below to learn more:
https://www.sustainableplastics.com/news/basfs-recichain-project-starting-gain-traction-canada
#blockchain #innovation #recycling