Quick – define “sustainability”. This concept has been gaining momentum in the business world these past 8-10 years and now the US Government is on board. It would seem, as the word itself implies, that sustainability is here to stay.
Here at Mark’s Barrel Company sustainability encompasses two areas: Resources – think people, planet, climate, etc. and Business Acumen – think ethics, corporate governance practices.
MBC is dedicated to protecting the planet and driving sustainable growth. As a company whose primary business is reconditioning containers for reuse, we are dedicated to reducing our greenhouse gas emissions, water and energy consumption.
For instance, we are building a progressive tote (Intermediate Bulk Container) washer and leak tester that will largely clean and reuse water that is being heated by the very waste found in the containers we are cleaning. This will save tens of thousands of gallons of water per year while reducing the consumption of electricity and natural gas.
Sustainability is not just about protecting the climate, conserving natural resources and improving the human condition. The concept extends to the realm of business ethics and corporate governance.
At MBC we are convinced integrity and mutual respect are essential to creating, growing and sustaining a business. In other words, sustainability is what’s essential to the future of our business, and for MBC, integrity and mutual respect are key.
One does not have to look too far at glaring examples of ethical lapses in the business world. Our mortgage and banking industries, insurance and financial institutions have been “right-sized” or in some cases are bankrupt.
A percentage of the closed head (tight-head) steel drums find their way into scrap yards. A larger percentage is reconditioned for reuse. While we in our industry cannot boast the kinds of numbers the International Aluminum Institute does (73% since 1888!), we can celebrate the kaizan type improvements our industry is making in the steel and plastic industries.
Its been said that, “The fundamental principle of sustainability is as a frame of reference for a triple bottom line: Profit, people and impact on the planet.” Now, define sustainability.