InNOVATIon drives the circular economy

Our Innovation Consultants and Sustainability Managers help clients to be more sustainable and improve their business performance. Recognising the rising demand for sustainable asset disposal and keen to expand our service offering, we’ve created new partnerships to give our clients’ redundant equipment a new lease of life.

Our goal was clear: to reduce wastage and reuse good assets that many view as a waste stream, all while generating a financial return for the client.

Breathing new life into old equipment

One of our clients, an international energy company, had accumulated around 50 tonnes of old equipment but couldn’t find a new use for the items.

Over two days, the mountain of equipment – including electrical tools, machinery, catering supplies and storage containers – was collected from site and transported to a specialist reuse facility in Lincolnshire. Ramco – who we partnered with for this project – carefully catalogued and prepared the equipment to be sold through an online auction, ready for global buyers and businesses to give equipment a second home.

As well as the carbon and cost saving benefits of reuse, breathing new life into this surplus equipment also unlocked welcome funds for our client that will be reinvested within the business.

A successful partnership

Together, Novati and Ramco achieved outstanding results and are planning to team up again in the future, avoiding more surplus assets being wasted.

Danielle Cragg, Head of Supplier Development, commented, “In an industry still focused on waste and bins, we’re committed to viewing old equipment as a valuable resource. It’s critical that we help our clients find sustainable solutions that focus on repairing, reusing and redistributing materials. So, when our client approached us with a large volume of redundant but reusable assets, we knew we needed to find a way to ensure they were given a second life. Partnering with Ramco has been the perfect solution. It’s helped us to save hundreds of assets from being treated as a waste stream, enabled us to continue helping our client on their sustainable journey. Best of all, it enhanced our contributions to the UK’s circular economy targets.”

Teddy Townsend, Business Development Manager at Ramco, said “We’ve been at the forefront of the circular economy for more than 26 years, helping businesses to give their surplus assets a new lease of life, and we are delighted to have partnered with Novati to help their clients find value in unwanted equipment. We have a proven track-record of successfully finding new homes for redundant items and avoiding fully functioning equipment going to landfill. Working with Novati has given us the opportunity to showcase our expertise and offer a sustainable solution for clients. We are looking forward to saving more surplus items and together with Novati, helping to make a contribution to the circular economy as well as generating a financial return for clients.”