Virgin Media Implements Closed-Loop System for Internal Paper Use: The Virgin group of companies is known to be
It provides a solution to the confidential paper waste problem by shredding it on-site and selling it back to a government agency or a business like Virgin Media. The shredded waste is securely baled and tagged with management information off-site and transported to a recycled paper mill where the trucks return with closed-loop paper produced from the previous batch. Turning the organization’s waste into a recycled paper product that is re-sold to the same organization allows that paper to be bought at a lower price, since in effect the organization has subsidised the cost of producing that product by providing the raw material needed. This reduces the number of third parties in the system, and therefore reduces the cost for the Banner and the client.