Excel Template for Recycling Metrics for Balanced Scorecard
The process of recycling needs to be performed in a manner that has the maximum positive effect on the environment and yet is cost effective. Invariably ecology protection organizations are concerned about the efficiency of a recycling process and performance management techniques like KPIs can allow them to properly track the process.
Using this technique performance tracking parameters can be placed under various heads and some of these can be waste disposal and safety perspective, customer and policy, operations and research, environment and social responsibility.
Waste disposal and Safety perspective can be measured using indicators like '% increase in diversion of waste from landfill', '% decrease in waste disposal costs', 'recycling rate' and 'number of quality standards adopted to reduce the contamination'.
'Customer and Policy' Perspective is to manage the customer needs and optimize the policies more in favour of environment. The metrics to be used include 'recycled products acceptance level', 'level of compliance with legislative and resource consent requirements', '% increase in usage of recycled products' and '% reduction in customer complaints regarding the recycled products'.
Environment and Social responsibility perspective can be had from '% dip in harmful gas emissions', '% customer awareness achieved' and 'number of programs conducted to improve societal participation'.
Operations and R&D Perspective can be obtained using indicators like '% increase in efficiency or workforce involved in recycling processes', '% of operational waste recycled and utilized in different processes of the company' and 'number of waste products recycled'.
Why do business professionals choose ready-to-use KPIs?
Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
- Can a business professional research KPIs on his own?
- How do I avoid typical problems with KPIs?
- Is ready-to-use KPI applicable in my niche?
- Is KPIs' price affordable?
- Can KPIs can be easily integrated in any business environment?
- How can KPIs make the difference to the business?
What are the benefits of Recycling metric:
- Waste disposal perspective with KPIs like recycling rate or decrease in waste disposal costs is the most important.
- Level of compliance with legislation and legislative acts also requires a special attention.
- It's also recommended to measure company's participation in various environmental programs and initiatives, as well as measure impact of such participation.
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More ideas on using Recycling KPI
Recycling is about bringing 'used materials' back into usage. Organizations engaged in protecting ecological balance perform this duty by getting used entities back into operation.
However, this 're-utilization process' asks for infusion of tremendous amounts of resources both in terms of time and money. This is because funds are needed to carry on the R&D activities. Such a requirement makes it important to bring in a methodology for constant monitoring of moves and steps. This 'tracking instrument' can be in the shape of a Balanced Scorecard (BSC) to track reuse related activities.
It advocates the usage of metrics/ KPIs (Key performance Indicators) that can be assigned values and numbers. This act eases out the efforts to a significant extent as one need to get into 'subjective and qualitative talks'. The quantitative touch imparted by this strategy contributes a lot in giving an 'impartial and unbiased' view of the operations.
This job of choosing indicators again demands moving into sufficient details about the dynamics of this field of 'back utilization process'.
Therefore, one can 'revert back to applying the used stuff' in a much more calculated and precise manner.
More useful information for Ecology Evaluation
Recycling Evaluation Balanced Scorecard Screenshots
Metrics for Ecology Evaluation
This is the actual scorecard with Recycling Indicators and performance indicators.
The performance indicators include: waste disposal and safety perspective, % diversion of waste from landfill, % decrease in waste disposal costs, recycling rate, number of quality standards adopted, customer and policy compliance perspective, recycled products acceptance level, level of compliance with legislative and resource consent requirements, % increase in the usage of recycled products, % reduction in customer complaints regarding recycled products, environmental and social responsibility perspective, % reduction in greenhouse gases, % customer awareness achieved, number of recycling processes according to the international environmental standards, number of programs conducted to improve societal participation., operational and r&d perspective, % increase in operational efficiency of workforce, % of operational waste recycled and utilized, number of wastes products recycled, number of new cost efficient recycling methods developed.
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