Reconomy (UK) Limited
RECONOMY (UK) LTD
Stafford Park 1,
Tel: 01952 292000
- 2021 Innovation
As the UK’s leading provider of outsourced waste and resource management, recycling services and environmental compliance, Reconomy is one of only two West Midlands-based companies to be awarded the 2021 Queen’s Award for Enterprise in the category of Innovation.
In recent years Reconomy’s revolutionary business model has transformed the management of house building, construction, commercial and industrial waste across the UK. The company is utilising market-leading digital technology to manage waste more efficiently, transparently, safely and with greater consideration given to the environment and sustainability.
The waste and environmental industries have long garnered a reputation for being antiquated and ‘analogue’ in their business practices, with very little consideration given to exploring new ways of working. Reconomy has tirelessly sought to change this, and through continuous innovations has successfully digitised the process of managing waste from end-to-end.
This has included the development of unique and exclusive supply chain integrations through Reconomy’s digitalXchange, which provide for a truly automated exchange of waste movement and associated compliance data. Reconomy’s suite of apps have further advanced its technological position by driving automation across previously manual operational processes, as well as offering digital ordering and invoicing capability.
During the past five years, Reconomy has experienced an unprecedented period of sustained growth. In 2020 the company claimed 47th spot in the Sunday Times’ PwC Top Track 250 list – leaping 150 places from its 2019 position.
Paul Cox, CEO, says: “Receiving the Queen’s Award for Enterprise is an incredible honour for everyone associated with Reconomy, and a landmark day in the journey of our business. It is the most prestigious, sought-after award that any UK business can receive, and an incredible testament to the hard work of all our people.
“The development and roll-out of new technology underpins every aspect of our business model, and this award acknowledges our continued commitment to innovative thinking. It demonstrates that we are not only at the forefront of the outsourced services industry, but are also a leading light across all sectors as we pursue our ambition to be the leading provider of technology-enabled services to drive the circular economy.”