Retail Podcast Ep. 15 - Tom Szaky, CEO at TerraCycle
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SHOW NOTES
Explanation of what TerraCycle and Look are (3:25)
Shift to sustainability and more progressive attitudes on the back of the COVID Pandemic (4:50)
People consuming more disposable goods and the ‘waste crisis’ (9:56)
TerraCycle’s partnership with Credo Beauty and America’s largest beauty retailer Ulta Beauty (10:16)
The shift to better aesthetics with Loop and reusable packaging (12:56)
The human ‘laziness’ factor in recycling and how TerraCycle is addressing this (14:16)
The difference between consumer attitude and behaviour when it comes to recycling and sustainability (15:10)
Go a retailer to go big in sustainability it has to reinforce the goals of that business (19:15)
The Journey of Loop and it’s history (19:50)
The shift in consumption in fashion (21:15)
Zero Waste Refill Service in Australia and the Launch of Loop with Supermarket Woolworths (27:30)
The shift to buying better quality stuff from cheap quantity (32:05)
Sustainability as a business tool and driving foot traffic (35:22)
Maybelline partnership with 5 British Retailers (Superdrug, Boots etc) to drive foot traffic (35:45)
Ulta beauty partnership with brand vendors (37:00)
The one stakeholder that is never accounted for which is the waste management ecosystem (39:15)
Straws as the tip of the plastic iceberg + our relationship with disposability (43:00)
Advice to businesses looking to be more sustainable and why it’s not about just doing the right thing to do (45:40)