The benefits to business are:
- Reduction of waste costs
- Reduction of input resource costs
- Diversion of waste to landfill
- Reputational merit by demonstrating recycling and environmental sustainability initiatives
- Access to new business connections and collaboration opportunities
- Access to information that supports sustainable business operations.
Apart from the direct economic benefits afforded to businesses active on ASPIRE, there are also networking benefits. Companies are able to collaborate as a consequence of simply being members of, or participants on, ASPIRE.
We have had opportunities to engage with companies that have only come about because of our involvement in ASPIRE. Without being a member of ASPIRE, we wouldn’t have been let in the door – Metals Recycler
The ability for companies to demonstrate their environmental credentials is also a driver for companies to participate: Our company does the right thing as a matter of course. Our products are kind to the environment and safe to use. As part of working with ASPIRE, we have reduced our waste to landfill by 75% this year. We are now recycling resources rather than throwing them away – Chemical Manufacturer
In addition to the benefits for companies, the four council regions benefit as a result of the following:
- Increased awareness of SME waste/ by-product resources
- Supporting resource identification for re-manufacturing or reuse
- Improved business engagement with a tool that adds value to businesses in their region
- Sustainable economic development
- Reduced pressure on local landfill sites
- Potential identification of resource agglomeration opportunities within the region
- Increased capability in industrial symbiosis
- Collaboration and shared learning opportunities with other regional councils which have similar goals
- Being part of an Australian-first project.
- The benefits to council and business stakeholders are social, economic and environmental and importantly, support the goals of sustainable economic development for the four member regions.