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ESG & Sustainability
SA companies can no longer afford to ignore extended producer responsibility

One message was clear from the discussions on recovery: There is little incentive to invest in collecting and processing new materials unless there are existing end markets for those materials. Many pointed out that this situation presents a significant roadblock to new material introductions and may stifle material innovation.
A fiscally responsible recycling business isn't going to invest in new technologies if there is not a reasonable opportunity of recouping its investment and making a profit. In contrast, in most communities, we use tax dollars to pay for the management of packaging waste with no expectation of a return on the investment of these dollars beyond the service received. Local governments are providers of these services, and taxpayers resent having to pay for them, especially as costs rise. The incentive for local government is to keep the cost for these services as low as possible.