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2015 Go Green InitiativeSUMMER INTERNS
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rBankersTrust.com
August 13, 2015
Bankers TrustExecutive and Management Committees453 7th StreetDes Moines, IA 50309
Dear Executive and Management Committees,
We have been assigned the task of implementing a streamlined recycling program for all 13 branches. Our intern team (Darrin Dafney, Chelsea Elming, Elizabeth Lang, Southanary Macvilay, Nathan Meyer, Uzo Nwaturuocha, Capris Quaites, Eric Schultz, Ross Turner and Colton Wyckoff) was mentored by Jenny Leonard and David Ling. We believe our recommendations will help Bankers Trust become a “Best in Class” green bank.
Bankers Trust is a leading organization that invests in its community’s growth, stability and success. Last year, the Bank implemented a Go Green Initiative at its corporate headquarters launching the transition into an eco-friendly organization. Our proposal will ensure this initiative is extended to the Central Iowa branches.
The development of our proposal began with introductory meetings with each branch manager to help determine their specific recycling needs. From there, we researched various options to support our goal of implementing a streamlined recycling program. Based on this research, we recommend branches use Waste Connections as their trash and recycling provider. For the branches where Waste Connections is not an option, we recommend using recycling services provided by Recycle Me Iowa or Waste Management.
Thank you for giving us the opportunity to expand the Go Green Initiative at Bankers Trust. Should you have any additional questions, please contact Jenny Leonard or David Ling.
Sincerely,
The 2015 Summer Interns
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Branch ProposalsAfter meeting with key branch stakeholders and the Go Green Committee, we have come to the conclusion that a uniform recycling program is not feasible due to the differences in waste volume. Therefore, we have developed three different options to streamline recycling at the branches. They are as follows:
WASTE CONNECTIONS:
Current Trash Provider
Recommended Option
Secondary Option(If Any) Additional Notes
AmesChitty Garbage Switch to Waste
Connections and add recycling services
AltoonaWaste Connections Add recycling services
through Waste Connections
CliveAspen (in Ankeny) Switch to Waste
Connections and add recycling services
EastWaste Connections Add recycling services
through Waste Connections
Concerned about cost effectiveness due to lack of volume
GrimesWaste Connections Add recycling services
through Waste Connections
SouthWaste Connections Add recycling services
through Waste Connections
West Des Moines
Waste Management Switch to Waste Connections and add recycling services
Stay with Waste Management and add recycling services
May not have space for a residential size bin outside due to zoning laws
Ideally, we propose each branch should start a contract with Waste Connections that includes both their trash and recycling services. Waste Connections has compatible service options, including a recycling program that allows branches to use a residential size recycling bin. For the majority of branches, this is the best option due to the small amount of recycling volume each location produces. Listed below are the branches that we recommend use Waste Connections:1
1 See appendix A1 for pricing
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WASTE MANAGEMENTEnding a contract prematurely with Waste Management, for those branches currently utilizing the company’s services, would result in a termination fee. Our primary recommendation for branches using Waste Management’s services is to continue to utilize the trash service and pay an additional fee to add on the recycling service. Our secondary recommendation is to allow each branch to honor the remaining portion of their existing three-year contract with Waste Management. Following the termination of the contract, the branches should then utilize Waste Connections’ services. Listed below are the branches we recommend use Waste Management:2
Current Trash Provider
Recommended Option
Secondary Option Additional Notes
North
Waste Management
Stay with Waste Management and add recycling services
Switch to Waste Connections and add recycling services
Already added recycling services through Waste Management
RECYCLE ME IOWAFor branches that produce a smaller volume of waste, we recommend they utilize Recycle Me Iowa’s services. Recycle Me Iowa is a smaller recycling company that allows customers to call in when their recycling bins are full to schedule a pick-up. Listed below are the branches we recommend use Recycle Me Iowa:3
Current Trash Provider
Recommended Option
Secondary Option Additional Notes
AnkenyCleaning Service
Add Recycle Me Iowa Services
Continue to use the cleaning service’s recycling plan
Additional fee for mileage for Recycle Me Iowa pick up
Downtown
Smart Clean Cleaning and Maintenance
Continue to use the cleaning service’s recycling plan
Add Recycle Me Iowa Services
Windsor Heights
Waste Management
Add Recycle Me Iowa Services
Switch to Waste Connections and add recycling services
Marketing Strategies2 See appendix A2 for pricing3 See appendix A3 for pricing
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One of our goals for the project is to increase employee awareness of proper recycling practices. To accomplish this, we have redesigned the current recycling posters to be informative and easily understood. All employees are encouraged to make recycling a habit, and these posters will provide the information necessary to make this change. Additionally, we created a poster containing supplementary facts about Going Green. The poster provides information about the impact employees can have on the environment and encourages recycling as a daily habit. The posters will serve as a reminder when placed near recycling receptacles.4
In terms of marketing goals for the future, we recommend ongoing education emphasizing how employees and the Bank’s practices impact the environment. One way to do this would be to partner with the These Come from Trees project to reduce the amount of paper towel waste the Bank produces. The goal of this project is to eliminate consumer waste paper by selling stickers that remind people to reduce their paper towel usage. This will encourage employees and customers to utilize hand dryers versus paper towels when available. These stickers could be placed on or near paper towel dispensers throughout the Ruan Building and the branches.5
Additionally, it is important that employees have the necessary resources available to easily reference best recycling practices. We recommend the implementation of a folder within the Go Green Currency page containing additional documents and resources that highlight the Bank’s recycling procedures and other methods for employees to become more eco-friendly. Education is a critical part of the Bank’s transition into an environmentally responsible organization and all of these recommendations can help accomplish that goal.
4 See appendix B2 and B3 for poster designs5 See appendix B1 for sticker proof
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Green Shield CompetitionStreamlining recycling programs in the branches is a positive step towards becoming a “Best in Class” green bank. However, there are additional options for the branches to expand their environmental footprint. Most of these options are not feasible in the short term, but could be implemented in the future. In order to encourage the branches to become more eco-friendly, we have created a competition that would make it fun and easy for branches to put into action additional green initiatives throughout the year.
SUMMARYThe Green Shield Competition would be a year-long effort that consists of various green initiatives the branches could implement. Each initiative would have a corresponding point value. Bank locations could choose initiatives they feel are feasible and of interest to their employees. At the end of the year-long program, the Go Green Committee would complete an audit of each location and add up the points earned for implementing various programs. The location with the most points would receive a traveling trophy to publicly display. The second and third place winners could receive plaques to display as well.
We believe this friendly, Bank-wide competition would encourage managers and employees to expand their Go Green efforts.
MASTER INITIATIVES LIST WITH POINT VALUES Use Go Green posters and other Go Green marketing materials (1 point per poster) Streamlined recycling as presented in individual branch proposals (2 points) Recycling bins in central locations (5 points per bin)6
Implement Lightbulb Recycling Program (5 points)7
Use energy efficient lightbulbs (10 points)8
Use recycled paper scratch pads (10 points) Switch to reusable K-Cups (10 points) Eliminate all disposable dishes (15 points)9
Install motion activated lights (15 points) Eliminate paper towels in bathrooms (15 points)10
Install energy efficient computer monitors (15 points)
IMPLEMENTATION6 See appendix C17 See appendix C28 See appendix C39 See appendix C410 See appendix C5
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The Go Green Committee would play an essential role in implementing the Green Shield Competition. The Committee would need to conduct yearly “Green Audits” to calculate the amount of points each location earns. It is important to note that if a green initiative has already been implemented, points for this initiative would still be included in their total. For example: if the Grimes branch had already placed recycling bins in central locations prior to the competition, they would still receive five points per bin. Additionally, locations would continue to receive points every year for initiatives already implemented. So in this example, the Grimes branch would continue to earn five points per bin in all subsequent years, given it maintains usage of the individual recycling bins. Once the points have been calculated, the top three locations would be presented with a trophy or plaque. The presentation of the awards could be done at the All Employee Meeting so everyone could celebrate the winners’ successes in their green initiatives.
This program can be sustained by adding to the master list of green initiatives every year. Adding to the list annually will keep employees engaged in the competition by providing more opportunities to earn points.
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Appendix
A. SERVICE FEES A1. Waste Management
Trash Recycling Total
Monthly
Weekly $58.17 $43.63 $101.80
Bi-Weekly $34.17 $31.14 $65.31
Cost Per Year
Weekly $698.04 $523.56 $1,221.56
Bi-Weekly $410.00 $373.68 $783.68
The costs listed above reflect the prices that were quoted by Waste Management in July, 2015. Pricing will vary slightly between each branch due to fees that may occur. The prices in the “Trash” column are the estimated costs of the weekly and bi-weekly service per branch. The prices in the “Recycling” column are the estimated costs of the weekly and bi-weekly service per branch. The “Total” column reflects the cost of both trash and recycling on a weekly and bi-weekly basis.
A2. Waste Connections
Trash Recycling Total
Monthly (Avg. Cost) $66.00 – 75.00 $15.00 $90.00Cost Per Year $792.00 – 900.00 $180.00 $1,080.00
The costs listed above reflect the prices that were quoted by Waste Connections in July, 2015. The pricing will not change from the prices reported on the chart. Unlike Waste Management, no additional fees will be charged. The range of pricing depends on the size of trash bin each branch will implement. The prices in the “Trash” column reflect the monthly and yearly cost of the trash service. The prices in the “Recycling” column reflect the flat rate cost of the addition of a recycling program over the course of a month and year.
A3. Recycle Me Iowa
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The costs listed above reflect the prices that were quoted by Recycle Me Iowa in July, 2015. Bins cost $50 each and another $40 per pick-up for all bins.
B. MARKETING MATERIALS
B1. These Come From Trees Stickers
Implementation Cost: $30 for a roll of 200 stickers
Trash Recycling
Per Bin N/A $50.00
Per Pickup N/A $40.00
Trash Recycling
Per Bin N/A $50.00
Per Pickup N/A $40.00
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Think GreenRecycle Now!Do’s
Don’ts
Plastic Bottles and
Containers(REMOVE
LIDS)
Glass Bottles and Containers
Paper andCardboard
Boxes
Aluminum Cans and
Metals
USE SHRED BINS FOR CONFIDENTIAL
Other Acceptable Items:Newspapers, Magazines, Brochures, Pamphlets, Brown Paper Bags, Junk Mail and Envelopes
Do NOT Include:Bottle Caps, Plastic Bags, Food Waste, Foam Cups or Containers, Tissues, Confidential Papers, Used Paper Plates, Greasy Pizza Boxes, Batteries, Paper Towels
B2.
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Did you know…?
It takes 700 years before a plastic bottle begins to decompose in a landfill.
Many landfills are overcrowded and take up space that could be used for other purposes.
Landfill waste contributes to the production of methane gas, which can trigger global warming.
1.5 million barrels of oil are needed to make enough bottles to meet the U.S.’
demand for bottled water.
Do Your PartAnd Go Green
B3.
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C. PRICING FOR BRANCH RECYCLING COMPETITION
C1. Individual Recycling Bins for Central Locations
C2. Lightbulb Recycling Program The Lightbulb Recycling Program is offered through Waste Management. To recycle lightbulbs through this program, Waste Management will provide a specialized box to be filled with the appropriate sized light bulbs. Once the box is full, it can be mailed back to Waste Management to be recycled. Below are the costs associated with each recycling box:
C3. Energy Efficient Lightbulbs
Energy Efficient Bulb Price11
Compact Fluorescent Light $3.95
11 This is an average price among retailers
Storey Kenworthy Price
Desk Side Recycling Bin $29.36
Mail-In Light Bulb Recycling Bulb Capacity Box Price
Compact Fluorescent Bulb 125 spiral, 175 4-pin, 350 2-pin CFLs $89.95
8 Ft Large Fluorescent Lamp 56 t-8 or 25 t-12 $109.95
4 Ft Large Fluorescent Lamp 146 t-8 or 64 t-12 $109.95
4 Ft Medium Fluorescent Lamp 64 t-8 or 30 t-12 $89.95
4 Ft Mini Fluorescent Lamp 16 t-8 or 7 t-12 $79.95
6 Ft Large Fluorescent Lamp 64 t-8 or 30 t-12 $119.95
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C4. Eliminate Disposable Dishes
To eliminate disposable dishes, we recommend using reusable dishes in their place. It is our understanding that most branches already have some reusable dishes so below we have listed costs that will be incurred for cleaning those dishes.
C5. Eliminate Paper Towels
To eliminate paper towels from bathrooms, we recommend removing paper towel dispensers and replacing them with the Xlerator XL-C hand dryer.
Storey Kenworthy Price
Dish Wand $4.09
Rubber Gloves $23.72
Scrubbing Sponge $8.14
Total $35.95
Xlerator XL-C Price
Hand Dryer $540
Installation $175
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Company Name Job Title Phone Email/Website
Recycle Me IowaCiji Mitrisin Chief Recycling
Officer(515) 650-1664 [email protected]
Smart Clean Cleaning &
Maintenance12
Zelko Francic President C: (515) 988-0572
W: (515) 331-8940
Storey Kenworthy
Customer Service
1 (800) 622-4536 http://www.storeykenworthy.com/
*See Connie Egger in HR for product catalogWaste
ConnectionsKarla Stevenson
Representative (515) 265-7374 [email protected]
Waste Management
Customer Service and Sales
CS: 1 (866) 909-4458
S: 1 (855) 217-1089
http://www.wm.com/index.jsp
Contact List
12 Downtown cleaning service