GM Earns $1bn a Year From Recycling · Environmental Management & Energy News · Environmental Leader
General Motors is making about $1 billion a year from selling scrap byproducts, waste reduction manager John Bradburn told the Corporate Recycling & Waste Conference in Orlando.
The annual revenue stream has been increasing: GM reported last December that it made about $2.5 billion through its recycling activities since 2007.
But Bradburn said the company has a long way to go, according to Waste & Recycling News.
General Motors Co. recycled 92 percent of materials from its plants last year, with more than half of the factories achieving zero-waste status. The zero-waste plants recycled or reused an average of 97 percent of waste, directing the remaining three percent to waste-to-energy projects.