2018 BANKSIA MEDIUM BUSINESS AWARD

OUR WINNERS

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BANKSIA FOUNDATION

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HONOUR
ROLL


2018 BANKSIA MEDIUM BUSINESS AWARD

 

 

Finalists:
• Fun Over Fifty Pty Ltd, QLD

Winner:
BioPak, NSW

Our vision is a world without waste. Our mission is to lead the market and inspire more people to join us in driving change in the global journey towards a circular economy.

When we buy a product, we also buy any waste associated with the product. Plastic consumption is running rampant and polluting our planet at a scale that has never been seen before. We can see the devastating effect firsthand as plastic fragments litter the beaches worldwide. Wildlife fatally ingests this plastic and it’s making its way up our food chain into our bodies. We can no longer ignore the problem and we should all be looking for solutions.

It is our goal to provide a solution to the plastic crisis we’re facing and empower all businesses with a need for single-use takeaway packaging to switch to compostable packaging and take advantage composting infrastructure as part of a commitment to sustainable business practices.

While we support the use of reusables, we recognize that they are not always suitable for convenience, practicality, or hygiene reasons. Single-use packaging has its place in the foodservice industry. We are working relentlessly to change the environmental impact of this necessary evil by replacing disposable packaging made from conventional plastics with compostable materials that are more suited to the short, functional life of these products.

Our BioCane range presents a massive opportunity to replace single-use foodservice packaging made from conventional plastic with compostable BioCane packaging made from sugarcane pulp. BioCane products are made from a by-product of the sugar refining industry that would have otherwise been burned. Transforming an output that is currently considered waste into a valuable input for another process provides significant environmental benefits.

Our BioCane range is certified home and commercially compostable to EN13432, AS4736 and AS5810 standards, and can be recycled in the paper co-mingled recycling stream. While there are other sugarcane packaging options on the market, BioCane is the only range that is certified home compostable. It presents a massive opportunity to replace the ubiquitous plastic takeaway container across the hospitality and food retail industries.

The volume of organic waste that ends up in landfill is a huge problem globally, so it’s good to know that BioCane packaging can be composted commercially or at home, along with any remnant food waste it contains.

We understand that not all councils offer commercial composting facilities and we have launched our own composting service to bridge the gap. This compost service, which we make no direct profit from, is part of our commitment to driving positive change and supports us in reaching our goal of a zero-waste economy. The BioPak Compost Service is designed to divert food scraps and food service packaging from landfill and completely close the loop of our products’ life cycle, ensuring our products are being turned back into nutrient-rich soil, instead of ending up in landfill. Together with our customers, we have diverted 26.5 tonnes of waste from landfill.

Winner:
GlamCorner, NSW

Founded in 2012 and based in Sydney, GlamCorner is the leading online destination for women in Australia to rent designer dresses.
Whether it be something chic for a night out, an elegant gown for a formal, or a beautiful dress for a friend’s wedding, GC provides all Australian women with unique fashion experiences for any occasion. With thousands of styles to rent from hundreds of designers, GC encourages women to experiment with their style and experience the luxury.

As a fast-growing startup, our mission is to create a modern, simple and personal fashion experience that is built for women who are passionate about experiencing the quality of designer fashion while also reducing their impact on both the environment and their wallets. In doing so, we aim to support designer labels by introducing their brands to a larger market while offering a service that empowers every customer to reduce their individual contribution to landfill by borrowing clothing for once-off occasions as a sustainable alternative to purchasing and disposing afterwards. Australian consumers send six tonnes of clothing to landfill every ten minutes, and sharing alleviates the environmental impact significantly by allowing many different women to share the same item. Encouraging collaborative consumption is great for your pocket, as well as for the planet and society.

GlamCorner recently achieved B Corp Certification, which requires rigorous standards of social and environmental performance, accountability, and transparency. Whilst we acknowledge that the creation and consumption of fashion does have consequences for the environment and in communities, we are continually seeking out ways in which we can reduce our impact through our own internal systems and processes, through our suppliers and with our contribution to our community. An example is through the Clothing Donation Drive we ran with Red Cross, where our customers were encouraged to use the prepaid return satchels provided in their box to return any pre-loved clothing items or accessories they wished to donate to the Red Cross. This not only reduced clutter for our customers and eliminated any items they did not need – but it gave those items a second life. Another example is through our partnership with Terracycle, where all of our prepaid return satchels are given to Terracycle which are then turned into reusable and affordable new products through scientifically engineering new input materials to meet specifications of manufacturers. Through our commitment to minimising waste in the fashion industry, we achieved Terracycle’s Top Business Collector in 2017! Beyond these examples, we will continue to find new and innovative ways to reduce our impact, and contribute to our community.