Standard Owner Benchmark - TERRACYCLE

By CommonShare

TerraCycTerraCycle is a global recycling and waste management company that specializes in collecting and repurposing hard-to-recycle materials. It was founded in 2001 by Tom Szaky and has since become a prominent player in the sustainability industry.

TerraCycle offers programs called "Brigades" that allow individuals, schools, businesses, and organizations to recycle items that are not accepted by traditional recycling programs. These items can include items such as cigarette butts, snack wrappers, coffee capsules, beauty product packaging, and more. Participants in these programs can collect the specified waste and send it to TerraCycle, which will then process and recycle the materials.

In addition to its recycling programs, TerraCycle also partners with various consumer goods companies to create innovative recycling solutions. They work with these companies to develop packaging that is more environmentally friendly and can be recycled through their programs.

TerraCycle's approach goes beyond recycling alone. They aim to raise awareness about waste and promote a circular economy by finding new uses for materials that would otherwise be disposed of. The company's unique approach and commitment to sustainability have gained recognition worldwide.

TerraCycle's efforts have gained recognition worldwide, and they have partnered with numerous major brands and retailers to implement recycling initiatives. Their innovative approach and commitment to sustainability have made them a prominent player in the field of recycling and waste management.

It's worth noting that while TerraCycle operates in many countries and has a global reach, the availability of specific recycling programs and partnerships may vary depending on the region or country.

In general, TerraCycle is a leader in innovative waste management solutions, and its work is helping to create a more sustainable future.

Overall Rating

2.4
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.
TERRACYCLE
United States
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.