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Published on Jun 8, 2011
The example of TerraCycle from the US shows how sustainability and charity can go hand in hand. In the US alone, more than 12 million people are already collecting garbage for Terracycle. The company uses it to create new products, such as bags, loudspeakers or cushions.
In the space of only four years, TerraCycle has managed to increase its turnover from 4.5 million euros to an estimated 14 million euros this year. Globally, the company has now set up more than eighty thousand collection points. People are paid for collecting, but then donate the money as a next step. So far, the company has been able to raise more than one million euros for charitable causes.