Integrated Waste Management for Commercial and Household Waste

Waste Management

By Nareeta Martin on Unsplash

Integrated Waste Management for Commercial and Household Waste
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Waste Management
Business Model Description

Provide modern waste management systems, including material recovery facility, treatment and processing, through B2B / B2C models. Examples of some companies active in this space:

PT. Wahana Anugerah Energy (Rapel), founded in 2019, offers an on-demand household and industrial waste collection solution for recyclable waste which includes inorganic, organic and hazardous waste. It has been acquired by GCAL Limited for ~USD 222,590. (16)

PT Wasteforchange Alam Indonesia, founded in 2014, provides waste management services for corporations and individual customers, including zero waste to landfill, inorganic waste management, event waste management, in-store recycling, digital EPR and the like. In 2020, it raised USD 3 mn in a growth round from East Ventures Co., Ltd., Sinar Mas Digital Ventures, and Agaeti Venture Capital.

PT Magalarva Sayana Indonesia, founded in 2017, produces sustainable protein for animal feed by bio-converting organic waste using black soldier fly. In 2019, it raised USD 500,000 in a Venture round from an unnamed Indonesia-based multinational company.

Expected Impact

Waste management to reduce environment degradation (from disposal of waste on land and in water), resulting in sustainable development of economy.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Life Below Water (SDG 14) Life on Land (SDG 15) Climate Action (SDG 13)
Sector Sources
  • 1) Republic of Indonesia. 2020. Indonesia's 2020-2024 National Medium-Term Development Plan (RPJMN). 2) German-Indonesian Chamber of Commerce and Industry (EKONID). 2021. Indonesia’s waste management sector still going strong.,national%20waste%20management%20to%2049.18%25. 3) Republic of Indonesia. 2021. Presidential Regulation (Perpres) No.97/2017 concerning Indonesian National Strategy Policy on Managing Household Waste and Household Waste Equivalents (JAKSTRANAS). 4) Ministry of Women Empowerment and Child Protection (KEMENPPPA) of the Republic of Indonesia. 2020. TINGKATKAN PEMBERDAYAAN PEREMPUAN MELALUI KREATIVITAS KELOLA SAMPAH RUMAH TANGGA. 5) Agustina Haruki, et al. Pojok Iklim, 2020. Perempuan Pengelola Sampah Selamatkan Bumi. 6) Pradipta, Lengga. Modern Diplomacy, 2021. Making Women Visible in Plastic Waste Management: Examples from Indonesia. 7) Kementerian PPN/Bappenas, Embassy of Denmark Jakarta, UNDP Indonesia. 2021. The Economic, Social and Environmental Benefits of A Circular Economy in Indonesia. 8) Republic of Indonesia. 2021. Voluntary National Review For Implementation of New Urban Agenda (Provisional Report). 9) National Disaster Mitigation Agency (BNPB). Potential Disaster Threats. 10) Hart, Maria, and King, Robin. World Resources Institute (WRI), 2019. To Fix City Slums, Don't Just Knock Them Down: Involve Residents in Upgrading Efforts. 11) Republic of Indonesia. 2019. Roadmap of SDGs Indonesia Towards 2030. 12) SYSTEMIQ. 2021. Building Robust Governance and Securing Sufficient Funding to Achieve Indonesia's Waste Management Targets. 13) World Economic Report. 2020. Radically Reducing Plastic Pollution in Indonesia: A Multistakeholder Action Plan National Plastic Action Partnership. 14) Waste Management in Indonesia. 15) "Mairizal, Aulia et al. Journal of Cleaner Production: 2021. Electronic waste generation, economic values, distribution map, and possible recycling system in Indonesia."
IOA Sources
  • 16) Crunchbase. Company Profile & Funding: Rapel. 17) Global Plastic Action Partnership. 2020. Press Release: Indonesia National Plastic Action Partnership (NPAP) Reveals Recommendations to Unlock Financing Gaps to Cut Marine Plastic Debris by 70 percent. 18) Ministry of Environment and Forestry (KLHK) of the Republic of Indonesia. Ninth Regional 3R Forum in Asia: Country Presentation - Indonesia. 19) ERC of USA. Environmental Waste Management Explained. 20) Rapel. About Us - Rapel. 21) Republic of Indonesia. 2021. Voluntary National Review: Annexes. 22) Kementerian PPN/Bappenas. 2020. Pedoman Teknis Penyusunan Rencana Aksi TPB/SDGs. 23) Republic of Indonesia. 2014. Government Regulation (PP) No. 44/2014, revoking Government Regulation (PP) No.52/2008, concerning Types and Tariffs of Non-Tax State Revenues Applicable to the Ministry of Environment. 24) Republic of Indonesia. 2021. Presidential Regulation (Perpres) No. 98 of 2021. 25) Ministry of Environment and Forestry (KLHK). 2020. The Ministry of Environment and Forestry 2020-2024 Strategic Plans. 26) Ministry of Environment and Forestry (KLHK). 2019. Minister Regulation No.75/2019 concerning the Roadmap to Plastic Waste Reduction by Producers. 27) Ministry of Trade (Kemendag) of the Republic of Indonesia. 2016. Minister Regulation No. 31/2016 concerning the Provisions of Import of Non-hazardous and Non-toxic Waste. 28) Ministry of Finance of the Republic of Indonesia. 2021. Minister Regulation No.26/2021 concerning Funding Support for the State Revenue and Expenditure Budget for Waste Management in Regions. 29) Ministry of Finance (MoF) of the Republic of Indonesia. 2020. MoF Regulation No.130/2020, revoking MoF Regulation No.150/2018, revoking MoF Regulation No.35/2018; concerning the Granting of Corporate Income Tax Facilities. 30) Indonesia Investment Coordinating Board (BKPM). 2020. Minister Regulation No.7/2020, revoking Regulation No.1/2019, concerning Details of Business Fields and Types of Production of Pioneer Industries and Procedures for Providing Corporate Income Tax Reduction Facilities. 31) Sistem Informasi Pengelolaan Sampah Nasional (SIPSN KLHK). 2021. Capaian Kinerja Pengelolaan Sampah Per Provinsi. 32) FY Prabawa et al. IOP Conference Series: Earth Environmental Science, 2021. Strategy on marine debris reduction in Indonesia: a review and recommendation. 33) Ministry of Environment and Forestry (KLHK) of the Republic of Indonesia. 2020. The State of Indonesia's Environment.