This story reflects success in the highlighted areas.
TerraCycle finalist story.
TerraCycle’s fundamental goal is to eliminate the idea of waste. It is an eco-friendly recycling company that has become a global leader in recycling typically non-recyclable waste.
TerraCycle offers a range of free programmes that are funded by conscientious companies, meaning collectors can recycle their waste for free. They simply need to sign up, start collecting, and send their waste via NZ Post with a prepaid shipping label. New Zealanders are able to collect and recycle oral care products, yoghurt pouches, plastic food storage products and various brands of coffee capsules.
In return for each piece of waste collected, TerraCycle awards points to collectors that can be converted to donations to their chosen charity or school. To date, over 60 million people are collecting in 20 countries and have collected billions of pieces of waste, raising over 15 million dollars for charities around the world.
By sending waste to TerraCycle, it avoids ending up as litter, as landfill or in an incineration facility. Instead, new materials and products are made with the collected waste, reducing the need to extract new materials from the planet.
TerraCycle recycles the vast majority of the waste it collects, turning it into plastic pellets that can be moulded into a variety of new products such as benches, picnic tables and even playgrounds.
TerraCycle is a finalist in the Mega Efficiency Innovation category of the 2016 NZI Sustainable Business Network Awards