What does future companies need to keep in mind to be sustainable and environmentally friendly?
Waste is not waste, it is a resource material which can be reused, recycled or upcyled and has value not only for the companies of the future generation, but as well for the society as in view of not polluting the environment by ending up in landfill or burned. So companies like Khosh Solutions, the start up from the Royal University for Women and winner of the Social Impact Award of the Injaz Company programme or Steelwood Industries from Dubai, uses the “waste” or dumped material, like e-waste, means CD’s or CBoards (Khaosh Solutions) or scrap wood from construction sites (Steelwood Industries) for producing a new products or material. This waste becomes actually the resource material and will significantly reduce production cost as well as avoiding pollution of the environment by these material of dumped. So successful business, in-line with having a positive environmental impact plus being economically and ecologically feasible is possible, if done properly with market research and evaluation of the value of this kind of “waste”.
The latest sample of these kinds of companies is the Khosh Solutions, founded and run by four innovative, passionate and enthusiastic ladies from diverse backgrounds, who want to make a difference. It was established within the Injaz Company Programme by creating an opportunity of the future from outdated technology of the past using art as a tool to engage customers of all ages and genders by creating new products like accessories or key chains out of e-waste, which seems useless for other people. Hence, the combination of using these material and upcycle it is giving the customer the possibility to be creative as well educate themselves on environmental awareness by experiencing the value of this kind of “waste”. So it is a perfect combination of business opportunity, economically and ecologically feasible, environmental awareness combined with creativity and customer engagement.
That is how the future companies need to be structured and comply with the various Sustainability Development Goals of the United Nations.
This is how a sustainable business works in the present and future. As a result, Khosh Solutions, representing the Royal University for Women, was honoured as a company with the Best Social Impact Award of the Injaz Company Program 2020 of all participating universities.
Well done and good luck for future expansion. For more information and supporting the young ladies please contact them and follow their Instagram account:
https://www.instagram.com/kh.solutions/
