As of January 2022, Mumbai’s Universal Business School- the first management college to release its own ESG report- has taken its commitment towards a circular economy a step further by recycling campus waste to become black gold; thereby providing compost to keep growing more trees. Currently the business school is recycling 100% of food waste.
Universal Business school Mumbai was launched as India’s first green B-school. It is in their DNA to keep looking for sustainable practices which make them ‘Walk the Talk’, so that students imbibe the culture of protecting the planet.
Their latest initiative called Wellbeing out of Waste (WOW)- mentioned in their 2021 ESG report- features a holistic solid waste management program.
Chairman of Universal Business School, Mr Tarun Anand says, “WOW is a UBS flagship initiative, focusing on providing an end-to-end sustainable and scalable solution. Our recycling plant became operational in January 2022. All students and faculty on campus (550 students and 30 faculty members) segregate the waste at source.The idea is to seed this thinking in the students DNA, so that they can actively participate in wet waste segregation and take this as a lifelong practice.”
Mr Anand further adds that the initiative has already enabled significant reduction in wet and organic waste generated on campus through the cafeteria by converting it into black gold. "The entire process is economical and saves the environment. It ensures a high grade manure for growing vegetables, plants and trees on campus. The additional income generated through selling the rich compost, pays for the investment in the long run. This is our contribution to the circular economy."
How does it work?
The steps are as follows-
In addition to the benefits of the manure, the composting process reduces landfill waste and incineration, and therefore carbon emissions. It also saves garbage removal and transportation costs to landfills, which further reduces the carbon footprint. The composting leads to soil enrichment and saves critical water resources and cultivates healthier plants.