Two days ago, the Federal Acquisition Regulations Council released an interim rule on green procurement, requiring that the head of each agency ensure that 95 percent of new contract actions are for products and services that are energy efficient, water efficient, bio-based, environmentally preferable or non-ozone depleting, adhering to criteria set out by the Environmental Protection Agency and the Agriculture Department. The agencies also must aim to procure items that contain recycled content and are nontoxic.
Once you determine which products pose the greatest asset value in terms of recoverability, you should then look for potential ways to reprocess or reuse waste byproducts or other manufacturers that may be turn your waste into their product feedstock. Your company, your customers and the environment will benefit tremendously.
As the discussion continues on the true impact of emissions on climate change, many companies are reevaluating the internal impacts pending legislation may have on costs. For the first time, businesses are evaluating emissions as a waste stream that will be part of total lifecycle cost.