1

Proposal by

Turnkey Solutions Ltd

(Hong Kong)
Sustainability Impact Report
For

2017 Business Venture

Reduce and Reuse for Good

 TAX INVOICE
Sustainability Market Electrolux
platform
Environmental Eco Bank

1.0: Introduction

Turnkey Group in collaboration with Eco Bank have been employed as the analytics and sustainability
report channel for the Eco-Bank 2017 Reduce and Re-use campaign.

After the overwhelming success of the inaugural campaign in 2016, Eco Bank have continued to
positively push the boundaries of community support by launching a more comprehensive campaign
in 2017. Through this initiative, the increasing need to provide an assessment of the impact of this
strong community work has been required, to showcase positive trends and provide accuracy as to
the full impact of the Eco Bank initiative.

The analysis highlights how Eco Bank has successfully supported a significant reduction in landfill,
whilst reallocating valuable pre-loved items back into the community, providing a positive upside to
charity and the public, whilst reducing both waste and carbon impact in Singapore.

2.0: Comparison

Eco Bank has significantly increased the level of pre-loved items that have been collected from the
general public in 2017 compared to the inaugural launch in 2016.

In 2016, approximately 6,100 Kilos of items were collected through the Eco Bank structure. In 2017,
the venture has enlarged to capture 10,770 Kilos of products which can be redistributed back to the
Singapore community.

47,776 SGD was raised in 2016, which helped increase the longevity of clothes, books, toys and white
products. It also aided disadvantaged women and children in Singapore.

Based on the figure of 10,770 Kilos for the 2017 Bazaar, Eco Bank is well positioned to significantly
increase the level of money raised for charity beyond previous years figure. The full amount raised
during this campaign will be advised post the bazaar, and Turnkey will update the report with this
figure once presented.

The compilation of collected products in 2017 has been highly successful, with a 76% increase in pre-
loved items compared to 2016, reducing landfill waste by 4.67 tonnes over last year.

Turnkey Group Limited, Phoenix building, floor 19, 23 Luard Road, Wanchai, Hong Kong
www.tksolution.net
 TAX INVOICE
Sustainability Market Electrolux
platform
Environmental Eco Bank

3.0: Breakdown of Pre-Loved items by commodity

For the first time, Eco Bank have been able to assess the impact of waste by undertaking a
breakdown by commodity. This results in being able to review the carbon waste impact by using
emission factors related to specific waste types as opposed to a generic figure which was used in
2016.

The collection of items presented to Eco Bank this year can be broken down as follows:

Waste Type Percentage of Total amount

Waste collected
Collected (KGS)
Clothes 41.70 4,492
Toys 22.03 2,373
Fashion Accessories (Shoes, bags, belts, costume jewellery etc. 12.51 1,347
Books 12.30 1,325
Home and Kitchenware 7.81 841
Electronics, Musical Instruments, Audio Equipment 1.07 115
Others (CDs, Stationery) 2.57 277

An impressive 4.5 tonnes of clothing has been collected by Eco Bank in 2017. This was well supported
by Toys which made up another 2.37 tonnes. Approx. 64% of all the collection was made up with
these 2 key categories.

Accessories and books made up an additional 25%. These four key categories made up 90% of all the
waste reduction and each of these four commodity types were popular for collection of product,
with a minimum of 1.25 tonnes collection in each category.

4.0: Emissions Calculation

To evaluate the carbon emissions impact from removing waste product into landfill and re-using the
product within the Singapore community structure, the following benefit is realised.

Waste total Total amount Emissions landfill Emissions non- Emissions

collected (kg) (kg/T) landfill (kg/T) reduction
(Tonnes)
Clothes 4,492 1676.5 94.3 1582
Toys 2,373 80.9 49.8 31
Fashion 1,347 567.1 28.3 539
Accessories
Books 1,325 416.1 27.8 388
Home and 841 14 18 -4
Kitchenware
Electronics 115 1.9 2.4 -0.5
Others 277 116.6 5.8 110.8
Total 10770 2873.1 226.4 2646.3

Source: Defra waste emission record and calculation

Turnkey Group Limited, Phoenix building, floor 19, 23 Luard Road, Wanchai, Hong Kong
www.tksolution.net
 TAX INVOICE
Sustainability Market Electrolux
platform
Environmental Eco Bank

Through the re-use of pre-loved items, Eco Bank have been able to prolong the use of products to
the equivalent of saving 2646 tonnes of carbon emission to landfill (Calculation based on UK Defra
Waste to Carbon calculation).

Through the emission factors presented, Fashion Accessories, Clothes and Toys have the highest
emission impact to landfill. Eco Bank are successfully reducing the carbon emission impact in
Singapore through re-using existing product and reducing waste. Furthermore, Eco Bank has been
successful in collecting pre-loved items that have the most negative impact in terms of landfill, hence
further improving the environmental impact through the re-use of these items.

5.0: The Benefits

2646 Metric Tons of Co2 and metric tons of carbon dioxide equivalent (MTCO2E) have been saved
from Landfill through the efforts of Eco Bank. This compares to 1500 Metric Tons of Carbon dioxide
equivalent in 2016. 1146 Tonnes of carbon emission savings have been achieved in comparison to
last year.

Source: Defra Waste to Carbon Equivalent

6.0: The Effects of Carbon Savings in to the community

Eco Banks efforts to reduce climate impact and waste to landfill has created a noteworthy Carbon
reduction impact within Singapore. By saving 2646 Metric Tonnes of Co2 equivalent product to
Landfill, the programme has improved the environmental impact of Singapore. The tonnage saving
equates to the following interesting statistics:

- Equivalent of 391 homes energy use in a single year

- 559 Passenger vehicles driven for one year

- The equivalent of planting 68,754 Tree Seedlings for the next 10 years

Source: EPA Government Statistics carbon impact calculator

Turnkey Group Limited, Phoenix building, floor 19, 23 Luard Road, Wanchai, Hong Kong
www.tksolution.net
 TAX INVOICE
Sustainability Market Electrolux
platform
Environmental Eco Bank

7.0: Summary of Findings

Eco Bank has made remarkable progress in developing momentum within the Singapore community
for charitable donation of pre-loved items. A 76% increase in product donation marks a significant
milestone compared to the inaugural development in 2016.

Eco Bank has also successfully reduced waste to landfill through the donation of 10,770 kilos of
product in 2017. This equates to 2646 Metric Tonnes of carbon equivalent reduction to landfill.

These positive developments will assist Eco Bank to further increase its fund raising activities with
the expectation of increasing the level of charitable donations beyond the 47,776 SGD raised in 2016.
Final figures will be provided at a later stage post the Eco Bank Bazaar this year.

8.0: Research and Methodology

Internal emission factors taken from DEFRA Emission Factors

Waste to Carbon Equivalent (MTCO2E) indicators taken from the US EPA Waste management
module, WARM

Eco Business Report www.eco-business.com, Jan 19th 2016

CDL Eco Bank announcement www.cdl.com.sg/ecobank

Channel News Asia

Carbon Trust UK

Consultative support through Planet First and the Planet Mark accreditation body, UK.

DEFRA Methodology

Turnkey calculates emission based on emission factors from the 2016 DEFRA files
(https://www.gov.uk/government/collections/government-conversion-factors-for-company-
reporting).

With these emission factors, the Turnkey platform will be able to calculate the emissions of the pre-
loved items with the following formula:

Emission (kg) = Consumption (kg) x EF (kg/T).

Turnkey uses the Landfill versus Non Landfill emission factors to assess the sustainability impact of
Eco-Banks 2017 reduce and re-use campaign. Closed-loop recycling is defined as the process of
recycling material back into the same product (DEFRA 2016, waste disposal). In situations where a
closed-loop emission factor is unavailable, then an open-loop one, defined as process of recycling
materials into other products is used. This applies for Electronics, audio equipment and musical
instruments and Home and Kitchenware.

Where a specific waste type emission factor is not available such as for fashion accessories, Turnkey
will use one from DEFRA that is closest to the list. This is explained in the Remarks section of the
table below.

Turnkey Group Limited, Phoenix building, floor 19, 23 Luard Road, Wanchai, Hong Kong
www.tksolution.net
 TAX INVOICE
Sustainability Market Electrolux
platform
Environmental Eco Bank

Waste type CO2 equivalent CO2 equivalent Remarks

emission factor (kg/T) emission factor (kg/T)
- for Landfill non-landfill
Books 314.0 21.0
Clothes 373.0 21.0
Electronics, audio 16.6 21.0 Electronics WEEE
equipment and musical mixed category (open
instruments loop)
Fashion Accessories 421.0 21.0 Refuse - municipal
waste category, which
is defined as domestic
waste.
Home and Kitchenware 16.6 21.0 Electrical Items (open
loop) WEEE large
category. These items
are defined as
stationary machines
for routine
housekeeping tasks
such as cookers and
fridges (DEFRA 2016,
waste disposal)
Others, e.g. stationery 421.0 21.0 Refuse - municipal
and CDs waste category, which
is defined as domestic
waste.
Toys 341.0 21.0 Plastics: average
plastics

Turnkey Group Limited, Phoenix building, floor 19, 23 Luard Road, Wanchai, Hong Kong
www.tksolution.net