Feb 16th, 2018
Eliminating the Idea of Waste - A conversation with Tom Szaky, CEO & Founder of TerraCycle
"Why does waste even exist?" That’s the question at the heart of TerraCycle’s own existence. Since 2001, the company has been taking hard-to-recycle waste and turning it into raw material for use in new products. It operates in over 20 countries and engages over 60 million people.
2017 marked a period of significant growth for the relentlessly innovative company. TerraCycle had its first acquisition, placing it on the path to going public. It’s leveraging the JOBS Act to crowdsource for equity. And it’s partnering with major organizations such as Proctor & Gamble (P&G), Mars, Nestlé and Unilever to generate ultra-durable packaging forms that’ll be owned by the manufacturer and merely loaned to the consumer.
In December 2017, Bard MBA’s Alistair Hall spoke with Tom Szaky, founder and CEO of TerraCycle, about the company’s plans for growth and all the ways in which it continues to work toward eliminating the idea of waste in our world.