By Viewing Waste as a Resource, Businesses Can Increase Profitability and Efficiency
Posted: Feb 18, 2016 – 02:00 PM EST
WASHINGTON, Feb. 18 /CSRwire/ - The U.S. Chamber of Commerce Foundation Corporate Citizenship Center today issued a new report detailing the value businesses can find in viewing waste as a resource and engaging in the circular economy.
The report, titled “Trash to Treasure: Changing Waste Streams to Profit Streams,” examines the weight and impact of waste on American business. It features business case studies that illustrate the power of the circular economy to increase efficiency and profitability. Businesses that understand, measure, and manage their waste and take action to eliminate, reduce, or reuse that waste can open up new revenue streams, optimie, and unleash innovation, the report concludes.
“The circular economy offers a wealth of opportunity for the American business community,” said Jennifer Gerholdt, director of Environmental Initiatives for the U.S. Chamber of Commerce Foundation Corporate Citizenship Center. “As companies confront the realities of today’s economic environment, it’s easy to overlook the value and the potential for growth that lies in ordinary, everyday waste. Our ‘Trash to Treasure’ research illustrates the business case for the circular economy, encouraging all enterprises to follow the lead of several businesses that are already putting this regenerative, restorative way of thinking to work.”
To read the full report, please click here.
For more information on the circular economy and how the private sector is putting best practices to work, please visit the Corporate Citizenship Center’s website.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness and educating the public on how the free enterprise system improves society and the economy.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
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For more from this organization:U.S. Chamber of Commerce Foundation Corporate Citizenship Center