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Eco-Efficiency icon Eco-Efficiency: Gardner Denver Thomas

Cutting Waste, Cutting Costs

Key Environmental Performance Area:

  • Waste Generation (Facilities)

Reduced tons of waste by 80 percent through improved waste management between 2011 and 2015.

Reduced costs associated with waste management by 65 percent between 2013 and 2015.

Reduced waste bin pickups from twice a week to once a month or less.

Challenge

Global solid waste generation is increasing rapidly and is anticipated to exceed 11 million tons per day by 2100. Waste in landfills can cause soil and water contamination, and waste materials, such as plastics and ash from incineration, can be costly to manage. Solid waste management is one of the greatest costs in municipal budgets, and it can represent a significant, but often-manageable cost to companies as well.i,ii

Gardner Denver Thomas, a subsidiary of Gardner Denver Medical Group, manufactures vacuum pump and compressor technologies including: articulated piston WOB-L piston, diaphragm, rotary vane, linear, liquid diaphragm, liquid linear diaphragm, and peristaltic.

Response

To reduce waste disposal and associated costs in its Monroe, Louisiana facility, Gardner Denver Thomas implemented a number of waste diversion and recycling efforts. In 2015, these actions included:

  • Continued recycling of materials including cardboard, which previously generated 800 lbs. of waste per day, and wire, which now generates a revenue stream.
  • Reduced waste bin pickups by the waste management provider from twice a week to once a month or less.
  • Began evaluating options for diverting wood pallets from the waste stream.

Resultsiii

These improvements in waste management helped Gardner Denver Thomas reduce tons of waste by approximately 80 percent between 2011 and 2015iv and lower related costs by approximately 65 percent between 2013 and 2015. The decreased costs resulted primarily from a reduction in waste management needs.

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Gardner Denver Thomas began participating in KKR’s green program in 2015 and is communicating results for the second time.


i Chicago Metropolitan Agency for Planning. “Impacts of Municipal Solid Waste.” 2014. Web. 22 July 2016. http://www.cmap.illinois.gov/about/2040/supporting-materials/process-archive/strategy-papers/waste-disposal/impacts

ii Hoornweg, Daniel, Bhada-Tata, Perinaz, and Kennedy, Chris, “Environment: Waste production must peak in this century,” Nature, 502 (2013), doi: 1.14032.

iii Self-reported portfolio company data is not calculated, reviewed or independently verified by KKR or KKR Capstone. For more information regarding the results methodology for companies evaluating their own data, please see the methodology section. There is no guarantee that any GSP-related avoided costs or added efficiencies will positively impact the portfolio company’s valuation or performance.

iv Waste data are collected for the time period of July 1-June 30. In other words, “2010” includes data from July 1, 2010 through June 30, 2011, and so on for the following years.

Unless otherwise noted, portfolio company data represents 2015 results, published in August 2016. These case studies may contain forward looking statements including descriptions of planned projects and projected results and savings. These statements are subject to the risk that the projects will not develop as planned or at all or that projected results and savings are not realized.