UK businesses unite to turn waste into wealth

200 leaders of business, government, academia and civil society met in London on 22 November as part of a Waste to Wealth summit organised by Business in the Community (BITC), a not-for-profit organisation of which HRH Prince Charles is the founding patron.

At the event, leaders signed a Waste to Wealth commitment that aims to double the UK’s resource productivity and reduce avoidable waste by 2030, pre-empting the UK industrial strategy 2050 targets. Over 40 leading businesses have already signed the commitment, including major brands such as Bupa, Greggs, Heineken and Unilever.

The signatories will be committing to: setting targets to improve productivity of resources; collaborating across industries and value chains; working towards reducing avoidable waste by 2030; redesigning how resources are used in our products; and sharing progress through annual reports.