Verizon’s James Gowen and TerraCycle’s Tom Szaky
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In the second half of the show, Tom Szaky, founder of TerraCycle, joins John and Mike to talk about how his company is solving the problem of non-recyclable waste. In America alone, TerraCycle has 10.1 million people collecting waste — about 3 million pounds a day! — to convert into consumer products.
TerraCycle converts everything from organic waste to plastic juice pouches into like-new products, in turn creating a whole reuse market that previously did not exist.
“About 80% of the products we buy are not recyclable, and those are the ones we focus on creating solutions for,” Szaky says. He notes that TerraCycle has about 70,000 collection points — growing by about 500 a day — in countries around the world.