How tech firms could help us win the war on waste

22012020_Winning the war on waste

How tech firms could help us win the war on waste

As the world grapples with the problem of managing our mountains of waste, a few tech firms are coming up with highly innovative and profitable ways to convert waste into commercial products – proving yet again that ‘where there’s muck, there’s money’.

The world is desperately seeking solutions to the landfill and greenhouse gas problem that is generated by 2 billion tons of waste produced annually and which is impossible to ignore. And as younger generations list the climate and environment as a top two issue, it is likely the old methods of waste disposal will themselves be thrown in the trash heap. That could have adverse consequences for the value of the businesses that own the holes in the ground, which have traditionally been the receptacles for the things we discard.

EXCLUSIVE CONTENT

subscribe for free
or sign in to access the article
INVEST WITH MONTGOMERY

Roger is the Founder and Chief Investment Officer of Montgomery Investment Management. Roger brings more than two decades of investment and financial market experience, knowledge and relationships to bear in his role as Chief Investment Officer. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.

This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.

Why every investor should read Roger’s book VALUE.ABLE

NOW FOR JUST $49.95

find out more

SUBSCRIBERS RECEIVE 20% OFF WHEN THEY SIGN UP


2 Comments

  1. Gabriel Horwath
    :

    The growth of Industry and manufacturing has generated a great deal of waste and has contributed to climate change. When I was a young man my boss told me to get rid of waste solid matter and toxic
    liquids by dumping it on a creek bank 10 meters from the water. The liquids would leach into the soil and would find it way into the water, other times I would burn the solids and liquids this went on for several years. The company was public listed and the largest in the southern hemisphere at the time.
    The factory was only 30mts from the creek bank and this creek flowed into the Brisbane river.
    Standards have changed for the better but the attitudes of Fed. and state governments have not.
    There is a reluctant attitude is address and find a solution to plastics , because it costs money and hard policy decisions. We cant afford to let this waste problem be solved by businesses.
    This lazy Fed. Govt. has to act now to find solutions,although I believe they will leave it to some one else , some other political party with more foresight and commitment.

Post your comments