Published On: Thu, Jul 21st, 2016

Industrial Waste: Are Today’s Businesses Cleaning Up Their Act?

A cursory look at any news outlets online will reveal some stories on pollution. Many companies that do things on an industrial scale will no doubt create a lot of waste. The sad truth is that some businesses end up harming the environment.

A power station

As you can imagine, such problems can have a domino effect. For example, contaminated soil means it will be hard to grow food on the land. And toxic waste pumped into waterways prohibits the use of water for human consumption.

To combat such issues, many governments have taken steps to limit industrial pollution. But, the question remains: are today’s businesses cleaning up their act? Well, in a general sense, the answer is yes. On the whole, measures are getting taken by waste producers to limit the harmful effects of what they do.

So, what spurs waste producers to do something about the problems they are causing?

Threat of government litigation

If there’s one thing that makes a company listen to what is getting said, it’s a lawsuit. Or, in this case, the threat of one. There are numerous examples of firms getting astronomical fines by government agencies. The reason is simple: they didn’t do enough to tackle their industrial waste problems.

As a result, other waste producers are scared of getting hit by equally massive fines. In fact, it’s cheaper for them to fix the problem than to deal with the consequences. The threat of litigation is enough to make firms take industrial waste management seriously.

Corporate responsibility

Companies want the wider public to know that they aren’t “evil” waste producers. They want people to know that corporate responsibility is a high priority. As a result, they will look at ways to cut down their waste.

For example, they will invest in technology that recycles waste in various processes. They will even donate reusable waste material to charities. It means that things like off-cuts of materials can get repurposed. Plus, companies can even save money on dealing with such waste.

The aim of running a greener company

Eco-friendliness is a hot topic in the business world these days. More firms want to embrace ways to run greener companies. A key area for them to look at is how they produce waste and what they can do about it.

Some firms even go a step further and look at how waste can get reused. For instance, some forms of waste can get repurposed as fuel for machine engines! Others could get recycled and made into new products.

Cost savings

One positive side-effect of waste management is the lower costs. Believe it or not, going green and producing less waste means that expenses are lower. Take product packaging as an example. If there is less plastic and cardboard used, packaging costs are lower.

There is also less waste to recycle or have put into landfill sites. As you may know, both options cost companies money. Therefore, the less waste generated, the lower the costs to deal with it.