Waste Management Systems and Platform

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Waste Management Systems and Platform
Waste Management Systems and Platform
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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.
Infrastructure
Waste Management
Business Model Description

Through B2B and B2C models, companies can develop digital platform for waste management system that use data analytics and digital technology to increase efficiency in waste segregation, collection, transportation, and recycling.

This IOA will help reduce cost of waste management for businesses and municipalities help encourage more waste segregation and recycling for households and help the planet by reducing marine plastic pollution and air pollution from open burning. Investors can invest money in the companies that develop the waste management system and platform. Examples of companies active in this space are:

G.E.P.P. SA-ARD Co.,Ltd (GEPP) is a start-up, established in 2017 that provides a waste data management system for businesses via an online platform. The platform provides valuable insight into the quantity of waste generated and recycled, breakdown by types, revenue, and GHG emission reduction. GEPP also provides waste collection services that utilize networks of informal waste collectors. GEPP has created USD 11,300 (THB 338,000) revenue for stakeholders in 2020, and reduced 642 tons of waste (1).

Koomkah application, developed by SCG Chemical in 2020, provides waste management solutions for waste bank businesses. Benefits include better planning, more efficient database, and a connection to networks of waste management facilities (8).

"ซาเล้ง.com" (Sa-Leng: Tricycle in Thai) is an online platform and application. It was an initiative idea during 2017, it was launched the service officially in 2020. Users can call on the network of informal trash collectors to pick-up recyclable waste or unwanted items at the specified location, in Bangkok. Users are incentivized by the platform own's digital currency (14).

Trash Lucky is an online platform, started in 2019 where individuals can send in their recyclable wastes to win lottery rewards. Trash Lucky was recyclable more than 5,000 kilograms after 8 months of service (19).

Expected Impact

This IOA helps reduce pollution and improve efficiency of waste management and recycling by enabling better data management and economies of scale.

How is this information gathered?
Updated: 13 Dec, 2023 Date of Production: 6 Jul, 2022
Thailand
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).
15% - 20% (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.
Medium Term (5–10 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 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Life Below Water (SDG 14)

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Sector Sources
  • 1) https://s3.amazonaws.com/sustainabledevelopment.report/2021/2021-sustainable-development-report.pdf 2) http://stiic.sti.or.th/wp-content/uploads/2018/10/BCG_Final1.pdf 3) https://cdn.sei.org/wp-content/uploads/2021/07/210719a-mckay-caparas-2106i.pdf 4) https://www.pcd.go.th/publication/14745/ 5) https://www.sea-circular.org/news/advancing-womens-rights-and-tackling-marine-plastic-pollution-in-south-east-asia/ 6) https://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS?locations=TH 7) http://infofile.pcd.go.th/waste/WasteMasterPlan.pdf?CFID=1614347&CFTOKEN=55860890 8) https://cdn.sei.org/wp-content/uploads/2021/07/210719a-mckay-caparas-2106i.pdf 9) https://openknowledge.worldbank.org/bitstream/handle/10986/35114/Market-Study-for-Thailand-Plastics-Circularity-Opportunities-and-Barriers.pdf?sequence=1&isAllowed=y 10) https://wwfint.awsassets.panda.org/downloads/zero_plastic_waste_in_thailand_en.pdf
IOA Sources
  • 1) https://gepp.me/en/ 2) https://openknowledge.worldbank.org/bitstream/handle/10986/35114/Market-Study-for-Thailand-Plastics-Circularity-Opportunities-and-Barriers.pdf?sequence=1&isAllowed=y 3) https://www.pcd.go.th/publication/14745/ 4) http://infofile.pcd.go.th/waste/WasteMasterPlan.pdf?CFID=1614347&CFTOKEN=55860890 5) https://cdn.sei.org/wp-content/uploads/2021/07/210719a-mckay-caparas-2106i.pdf 6) https://www.waste.ccacoalition.org/sites/default/files/files/bangkok_-_city_profile_final_draft_03102015_0.pdf 7) https://www.depa.or.th/th/smart-city-plan 8) https://thaipublica.org/2020/10/application-koomkah-smart-manifest/ 9) https://www.sea-circular.org/news/advancing-womens-rights-and-tackling-marine-plastic-pollution-in-south-east-asia/ 10) https://sustainabledevelopment.un.org/content/documents/279482021_VNR_Report_Thailand.pdf 11) https://www.depa.or.th/storage/app/media/file/depa-Promotion-Plan-Book61-65.pdf 12) https://www.boi.go.th/upload/content/BOI-A%20Guide_EN.pdf 13) http://infofile.pcd.go.th/waste/AIT060509_sec4.pdf 14) https://media.xn -72ch2f5bwdtc.com/statics/articles/%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%A7%E0%B8%B1%E0%B8%95 %E0%B8%B4%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B9%80%E0%B8%9B%E0%B9%87%E0%B8%99%E0%B8%A1%E0%B8%B2.html 15) https://oceanconference.un.org/commitments/?id=18208 16) https://www.oecd.org/dac/gender-development/1849277.pdf 17) https://www.pcd.go.th/wp-content/uploads/2021/10/pcdnew-2021-10-19_08-59-54_995414.pdf 18) http://web.krisdika.go.th/data/document/ext809/809966_0001.pdf 19) https://www.greenery.org/articles/trash-lucky/ 20) https://www.iges.or.jp/sites/default/files/inline-files/S1-5_PPT_Thailand%20Plastic%20Action%20Plan.pdf 21) http://food.fda.moph.go.th/law/data/announ_moph/V.English/No.295-48%20Qualities%20or%20standard%20for%20container%20made%20from%20plastic.pdf 22) https://sdgs.un.org/sites/default/files/2020-11/UNCRD_10th%203R%20Forum%202020_Country%20Report_Thailand.pdf 23) https://www.dbd.go.th/dbdweb_en/ewt_dl_link.php?nid=4047