Eco entrepreneur Tom Szaky believes some of the profits reported by the corporate world are absurd. His own company, TerraCycle, has given $20 million to charities over ten years and each year processes 50 million kilograms of waste. This year the company, with 120 staff, will bring in $25 million or more but will only keep 1% as profit.

A recycling company is encouraging smokers to collect their used butts so they can be turned into new products. TerraCycle Australia has joined with Australia Post so people can post their waste - free of charge - from anywhere in Australia. Spokesperson Anna Minns told 3AW Breakfast they now operate in eight countries.

TerraCycle has partnered with major brands Colgate and Natures Organics to recycle their “unrecyclable” post-consumer waste, and with Nespresso to expand their recycling program. Australians can now send in their previously difficult-to-recycle waste to TerraCycle to be recycled into sustainable consumer products and materials.

Global recycling company TerraCycle, which currently operates in 23 countries including the US, Canada, the UK and New Zealand, has officially launched in Australia.

APC signatories Colgate and Natures Organics are on board for the TerraCycle Australia launch. TerraCycle will be helping to recycle previously unrecyclable or recyclable, but with lost value, post-consumer products and packaging through recycling programs called brigades. In some cases collectors can earn points to raise money for their local school or favourite charity and cause.