Asset Disposal in Greater London

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Asset Disposal in Greater London


Overview


With the increasing emphasis on sustainability, businesses in Greater London are being urged by the Mayor to adopt greener practices. This initiative includes rigorous waste control measures to significantly reduce landfill usage.

Context


As the UK participates in a UN conference on climate change, the Mayor of London is taking proactive steps to minimize waste, especially from businesses and corporations. A series of recycling initiatives aim to address this challenge effectively.

Initiatives and Goals


A key measure has been the expansion of the Congestion Charge to cover a wider area of London, encouraging businesses to recycle more. The target is to boost recycling rates from the 20% recorded in 2003 to over 60%.

Waste Statistics


London generates 3.4 million tonnes of rubbish each year, much of which is electronic waste. Addressing this, the WEEE directive introduced in 2007, mandates the recycling of televisions, computers, and other electronic items. In a city like Greater London, where businesses are abundant, electronic waste is particularly significant.

Business Practices


Companies in London routinely upgrade computers, shredders, and office equipment. Previously, much of this ended up as general waste, often incinerated down the Thames Estuary. However, the Recycle for London initiative, led by the Mayor, aims to change this.

Impact of the WEEE Directive


Before the WEEE directive, many businesses were already recycling materials like paper and plastics. With the directive, recycling old electronics became mandatory, leading to the emergence of new companies dedicated to handling electronic waste from countless businesses.

Economic Implications


These efforts have reduced the workload of waste disposal firms funded by Council taxes, allowing for potential redirection of tax revenue to more pressing needs in the future.

In summary, Greater London's push for greener business practices through effective waste disposal and recycling initiatives is paving the way for a more sustainable future.

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