As global environmental challenges continue to arise, businesses are turning to composting for its ecological benefits and financial viability. Learn how measuring the impact of your business's composting activities can help you better understand its contributions to your sustainability initiatives, and your bottom line.
Measuring Environmental Benefits of Composting for ESG Reporting
Composting significantly reduces the volume of waste that ends up in landfills, where it would otherwise generate methane, a potent greenhouse gas. By tracking metrics and/or  key performance indicators (KPIs) including waste diversion rates (by pound or tonnage) and the amount of compost produced (by pound or tonnage), businesses can quantify their environmental impact of waste diversion efforts through composting.
These reports, and potential case studies, provide valuable benchmarks and can help businesses set and achieve sustainability goals - especially important if your business reports to ESG (Environmental, Social, Governance) standards both externally and internally.
Measuring the Financial Viability of Composting Waste
Financially, composting can be a revenue generator as well as a money saver. Businesses can earn income through processing fees and sales of the end product, while also comparing the cost of composting to the cost of traditional landfill. Remember, the best practice to take is to reduce your waste as much as possible, and then to compost the organic waste you are left with.
In Summary
Composting is not just good for the planet; it’s good for business too. By keeping an eye on the right metrics, your business can make informed decisions that benefit operations, the environment, and your community.