Environmental Entrepreneur Recycles For a Profit

Don't forget to recycle! [Photo by Pylon757] (CC BY-SA 3.0)

An environmental entrepreneur and his partner saw a business opportunity in recycling in Mexico, where recycling rates lag far behind those in the US.

They founded YoReciclo, a company supported by New Ventures Mexico. The company’s name is Spanish for “I recycle”, and they are in the business of collecting paper, cardboard, plastics, aluminum, steel, glass, and electronics. They make a profit by selling these materials to paper mills, plastic manufacturers, steel smelters and glass manufacturers for reuse.

Commercial recycling collection programs are still uncommon in Mexico, where the recycling rate is just 3% of municipal waste compared to 24% in the US and 35% in some European countries. This low rate represented an opportunity for growth to the founders of YoReciclo, and they designed their business to create positive environmental impacts along with a profit.

Be Sociable, Share!

Related posts:

  1. How Businesses Can Balance People, Planet, Profit
  2. Recycling Electronics
  3. Creating Social Business Ideas Using ‘People’, ‘Planet’, ‘Profit’
  4. Challenges with For-Profit and Non-Profit Social Enterprises
  5. TED Talk By Natalie Jereminjenko on an Environmental Mindset

2 comments to Environmental Entrepreneur Recycles For a Profit

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>