RECYCLING AS A DRIVER OF THE MODERN BUSINESS MODEL OF A MANUFACTURING ENTERPRISE
Abstract and keywords
Abstract:
Enterprises at the legislative level are required to pay specialized environmental fees, the amount of which may vary depending on the degree of involvement of industrial waste in recycling. Illiquid enterprises that were previously exported to landfills of solid household waste should be considered from the point of view of the recycling mechanism and the possibility of their reuse as secondary raw materials in the production process, and the income received as an additional tool for optimizing financial flows. The implementation of a recycling mechanism can be a key tool in solving the above tasks. Recycling not only reduces the burden of having to bear the costs of waste disposal, but also allows for the reuse of resources in the production process, reducing the cost of raw materials. Initially, the introduction of waste sorting and recycling systems incurs additional labor costs, but the potential results justify the investment by improving the company's economic performance, and also has a prolonged positive effect on the environmental situation as a whole. Businesses should already consider the potential of turning industrial waste into a liquid asset and contribute to the sustainable development of the environmental management system, and it is advisable to implement certain elements and recycling mechanisms at the level of local regulatory documents in companies.

Keywords:
recycling, waste, secondary resources, financial flows, illiquid, recycling, environmental charges, optimization
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