We believe sustainability and profitability are inextricably linked. In fact, sustainability is at the centre of everything we do—and so is transparency.
For the third year in a row, we’ve voluntarily audited our recovery rates through an objective third party—and like our motto of going above and “beyond compliance”, we’ve achieved an average recovery rate of 77% —higher than our goal of 75%, with our Eastern Creek facility achieving an astounding 85% recovery rate.
Our redevelopment plan has seen two significant improvements, with the opening of our first recycling centre in West Melbourne in April 2019, and the NSW Paton Lane facility in July 2019.
In March 2019, we also formally welcomed Dial A Dump Industries (DADI) into the BINGO family. DADI provides a complementary strategic asset in Alexandria and a master asset in Eastern Creek, and forms part of our plan to reconfigure our NSW network to enhance operational efficiencies, and expand along Australia’s east coast in FY21 and beyond.
Recycling Ecology Park
Once complete, the facility will accept all streams of waste, and broaden the range of recycled end products we deliver as we steward change in the waste industry.
In line with our commitment to sustainability, the park will operate 100% from renewable energy, with solar PV rooftop systems and batteries, and gas-fired power generation to meet the site’s additional electricity needs.
Every material has the potential for a second life
The sale of these recovered and repurposed products contributed to an incredible $13.4 million in revenue.
Responding to climate change
We are committed to reducing our operational impacts and our carbon footprint through recycling and
increasing our use of renewable energy. In 2019, we made our first Climate-related Financial Disclosure in line with the UN’s Taskforce for Climate-related Financial Disclosures (TCFD).
We published our Climate Change Position Statement which highlights four key actions BINGO will take in response to the climate crisis.
So far, we have:
- Installed solar panels at our Auburn facility and head office
- Sponsored National Recycling Week
- Investigated fuel consumption across our truck fleet
- Investigated indirect emission use through electricity supply
A Zero Harm approach
With over 1,000 employees in the BINGO family, it’s more important for us now than ever to champion Zero Harm. To improve our safety performance, we worked hard in 2019 to ensure safety is embedded in our culture, this included developing new safety messages and policies across the organisation, and introduced our 12 Zero Harm Rules.
We’ve also undertaken an independent review of our safety systems, and are one of the first companies in Australia to be certified with the ISO 45001:2018 safety standards. Because everyone deserves to be—and feel—safe.