Waste Ventures India has established a formalized market for waste streams which averts waste from landfill and creates higher incomes for the waste pickers, with standardized prices with upfront payments. They purchase and segregate dry and wet waste from third-party waste pickers, corporates and apartment complexes, and process it to sell to recyclers.
Interview footage kindly filmed by Azimut Social Business https://vimeo.com/azimutcompany
A growing number of companies around the world have launched social-business subsidiaries as part of an agenda to bring about positive change.
Naveen was born and raised in a small village outside Varanasi in Northern India. All his life, he grew up around manual rickshaw drivers carrying people to and from the city, it’s backbreaking work for very little pay. He saw that very often the rickshaw cyclists came from some of the most vulnerable communities, frequently associated with drug and alcohol abuse.
Why do we need a social sector? Shouldn’t businesses create economic opportunities and governments ensure a just distribution of these opportunities and set incentives and boundaries such that the environment is protected?