Reconomy’s sustainability programme remains ambitious despite pandemic
Whilst the global pandemic has undoubtedly resulted in challenging operating conditions, the UK’s leading provider of outsourced resource management and recycling services, Reconomy, has continued to focus on delivering outcomes for communities. In doing so, it has generated over £204 million of social and local economic value since the launch of its multi-award winning RSVP initiative.
The news comes as the Telford based company launches its 2019/20 Sustainability Review which documents the company’s progress against its social, environmental and business targets.
The social and economic value delivered is just one of many successes derived from a number of activities and initiatives including the company’s flagship RSVP social value programme. RSVP sees the company work to bridge gaps for young people leaving care and break down barriers for hard-to-reach groups including ex-offenders, long-term unemployed and ex-military personnel, helping them to find meaningful work.
Other 2019/20 highlights include:
- £188 million social and economic value from SME spend
- 1% profit before tax (PBT) committed to community investment
- Over £18K fundraised by our employees
- 96% all waste diverted from landfill
- 1% reduction in carbon intensity against turnover in 2020
- 441 hours spent on mental health awareness, support and wellbeing
- 63% of staff employed locally
- 83% of suppliers are SMEs
Commenting on the launch of the Sustainability Review, Reconomy’s CEO, Paul Cox, said: “Although the Coronavirus pandemic has meant we’ve had to postpone or adapt much of our planned activity, I am hugely proud of what we have been able to achieve. Our commitment to innovation and technology has allowed us to develop new ways of delivering outcomes and move some of our sustainability projects online. As we move into 2021, I’m cautiously optimistic that we will be able to deliver even greater value and realise further positive change and outcomes within the community.”
This year will also see Reconomy launch a new and comprehensive environmental programme to sit alongside its highly regarded RSVP social value programme.
A copy of the report can be found here – https://www.reconomy.com/discover/sustainability/