The resource exchanges facilitated by WISP divert waste from landfill, generate financial benefits for members, reduce the carbon intensity of production processes and create jobs; ultimately making the manufacturing sector more competitive and resilient to climate change.
Application of industrial symbiosis and circular economy principles ensures the maximum utilisation of available resources before virgin resources can be exploited which can lead to the decoupling of economic growth from resource use. The initiative bridges the communication gap between industrial sectors that do not traditionally associate with each other and increases collaboration to the mutual benefit of the businesses involved with regards to environmental social and economic performance. Business can explore various waste treatment technologies and select the most appropriate for their purposes.
Over 70% of the businesses in our network of over 1000 companies are practicing resource efficiency in one form or another through commitments to divert waste from going to landfill by utilising more sustainable value add waste treatment options. This has led to an increased awareness to environmental issues and how our economy is vulnerable to shocks and stresses like droughts and lack of skills. The initiative’s presence is primarily concentrated in the city of Cape Town but also extends to the whole province and even nationally.
The biggest indicator used is the amount of waste diverted from going to landfill as this is easily quantifiable. From the data calculated, benefits accrued to businesses (additional revenue due to businesses selling some of their waste streams, cost reduction due to reduced waste generation, avoidance of transport and disposal costs) and use this data to demonstrate to funders and other businesses that the initiative is adding value. The data is aggregated for all the businesses and can be disaggregated per industrial sector.
Going into the future, more people will be impacted by the initiative as new waste value-add businesses are added to the areas creating new employment opportunities for low skilled labour in surrounding communities.
Through WISP 104 900 tonnes of waste have been diverted from landfill, 309 200 tonnes of carbon dioxide equivalent emissions saved (equivalent to the annual electricity usage of 83 340 households in South Africa).
WISP facilitators provide business members with dedicated time and technical expertise, connecting companies with unused or residual resources such as materials, energy, water, assets, logistics and expertise.
By sharing resources, WISP members:
- Cut costs and increase profit
- Improve their business processes
- Create new revenue streams
- Learn from each other
- Operate more sustainably