What is the recycling rate, and how is it calculated?
The recycling rate is a key metric that measures how effectively your company recycles or reuses waste.
It represents the percentage of the total waste generated that is directed toward a sustainable recovery process. The calculation is performed by dividing the amount of recycled or reused waste by the total amount of waste generated and multiplying the result by 100.
Here’s an example:
(80t Recycled Material / 150t Total Waste Generated) * 100 = 53.33% Recycling Rate
A high recycling rate indicates the effectiveness of your recycling and reuse practices. It demonstrates that your company is implementing effective measures to reduce waste and use resources sustainably.
Improving the recycling rate significantly contributes to reducing environmental impacts and promoting a more sustainable future.