Waste Reduction: Part 3 - Costs
The Cost of Waste Disposal
Do you know the costs for the disposal of waste created by your business?
Unsure? Then try the following calculation.
Cost of collection of one skip/bin x Number of skips/bins collected per year + Rental Charge per year = Total annual waste disposal cost.
This calculation can be used to include all of your waste or individual waste streams e.g. Dry Recyclable, Wood, Plastic, Sanitary Waste, Hazardous Waste etc.
Furthermore, you can use the figures calculated above to calculate how much waste you produce per employee and how much this costs your business.
Total annual waste disposal /Number of employees in your business = Kg of waste per person per year. Total annual waste disposal cost /Number of employees in your business = Waste disposal cost per employee per year.
Now you have a baseline. Next, look at ways in which your business can reduce the amount of waste produced and associated costs, always ensuring that compliance with legal obligations are duly considered and complied with.
Quality Improvements UK Ltd welcome your feedback.
Look out for the next free instalment.