Don’t Waste It Roundtable Series - Adding Value To The Triple Bottom Line

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05 March 2020 | Updated 20 April 2020

Welcome to the final part of our Don’t Waste It Roundtable, sponsored by Reconomy. In the last video of this four-part series, the panel discusses how to add value to the triple bottom line”.

Led by Steve Malkin, CEO of Planet First, sustainability consultancy and creator and custodian of The Planet Mark, the delegates included a mixture of voices from the FM sector.    

The previous session saw the attendees debate how to standardise and improve both the quality of waste data, and guidelines around its collection. The potential discord between procurement and facilities management was also spoken about, and how the quality of the end result should take precedence over cost.             

Balancing financial, environmental and social needs

In this final episode, the panel of nine peers from the facilities management sector discussed how businesses can balance their financial, environmental and social needs when it comes to managing waste.

Focussing on how to deliver great value over the next ten years, known as “The Decade Of Action”, Nathan Gray from Reconomy spoke about how waste management providers can now account for every aspect of this triple bottom line.

Malkin stimulated conversation by asking the panel what they would like to see to drive sustainability through the sector. Transparent and trusted reporting was mentioned, along with waste education programmes for clients and more supportive legislation. Martyn Freeman of Q3 services said he would like to see “waste reporting legislation that goes up and down the food chain, from SMEs up to the large FTSE 100 companies”.

Rethink, refuse, reduce, reuse, repurpose and recycle

Gary Piper of Artizian Catering Services Ltd spoke about adding the word “rethink” to the current five “R’s” of recycling: Refuse, Reduce, Reuse, Repurpose and Recycle. David Wheeler, Solutions Manager at AMEY UK added that the value of actual, demonstrative action, rather than simple aspirations cannot be underestimated.

“People are beginning to change their thoughts, organisations are beginning to change their mindsets and people are beginning to care a bit more”

–Chris Cox

Head of Business Development, Reconomy

Watch the full session

To view the final session in full, please watch the video below:

We hope that this session has helped give some guidance on organic supply chain management and how to build a robust portfolio that demonstrates financial, environmental and social success. 

To watch each episode of the roundtable in full, view the YouTube playlist

Picture: Adding value to the triple bottom line

Article written by Ella Tansley | Published 05 March 2020

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