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Title Cost Benefits of Zero Waste Approach: Packaging Waste Management in ITU Ayazaga Campus
ID_Doc 24467
Authors Maçin, KE; Özçelik, K; Arikan, OA
Title Cost Benefits of Zero Waste Approach: Packaging Waste Management in ITU Ayazaga Campus
Year 2022
Published
DOI
Abstract University campuses could become pioneer centers for zero waste (ZW) projects. Previously, social and environmental studies have been conducted for the Istanbul Technical University (ITU) Ayazaga Campus ZW project. This study assessed the third pillar of sustainability, namely economic impacts. For this purpose, current and potential packaging waste recycling (PWR) scenarios were developed. Revenues and operating expenditures were calculated using the maximum and minimum market price for secondary materials. Data quality analyze ( DQA) was conducted. According to DQA results, the study conducted without estimated data while most of the inventory data were high quality and remaining was basic quality. The economic value of current waste management ranged from net 23,796 $/year cost to 21,908 $/year profit (revenue) according to market values. While potential scenario changes between net 8,400 $/year cost to 58,172 $/year profit. The potential PWR and current scenarios have net savings in case of the maximum secondary market value. However, the Covid-19 pandemic impacted all economic metrics, for this reason, the same study should be replicated by using obtained post pandemic market values.
Author Keywords Circular economy; cost; packaging waste; university campus; zero waste
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:001248725000025
WoS Category Engineering, Environmental; Environmental Sciences
Research Area Engineering; Environmental Sciences & Ecology
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