What are the economic and financial benefits of product stewardship?

Contents:

These slides provide more information about some of economic reasons to pursue product stewardship including direct cost savings, job creation and creating new markets.

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

The cyclical system

created by product

stewardship creates jobs

and saves taxpayer

money.

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

Closing the loop to reuse materials creates local jobs to

collect, sort, refurbish and recycle materials.

Recycling creates more than 10 times,…..

the number of jobs created by disposal.This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

Greening the way we do business can create opportunities for business innovation

• the sustainable packaging industry is set to

become a $143 billion dollar industry by 2015 (globally)

• the electronics recycling

industry was over $1.5

billion dollar industry in

the U.S. 2005 and is

growing rapidly

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

Why are we concerned about government saving money?

We are spending millions in tax dollars every year to managehousehold hazardous waste

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

EPR shifts the costs and responsibility off of government, even if government keeps actually doing the collections.

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.

Actual cost savings from eWaste laws

Hennepin County, MN (pop 1.1 million)

• Saved approximately $680,000 in the first program year.

St. Louis County, MN (pop 200,000)

• Saved approximately $90,000 during the first program year.

In May 2007, Minnesota became the 4th state to require EPR for e‐waste

This presentation was prepared by The Product Stewardship Institute, an equal opportunity provider and employer.