Industrial symbiosis brings together traditionally separate industries and organisations from all business sectors with the aim of improving cross industry resource efficiency and sustainability; involving the physical exchange of materials, energy, water and/or by-products together with the shared use of assets, logistics and expertise.
"Industrial symbiosis engages traditionally separate industries and other organisations in a network to foster innovative strategies for more sustainable resource use (including materials, energy, water, assets, expertise, logistics etc). Through the network, business opportunities are identified leading to mutually advantageous transactions for innovative sourcing of required inputs and value-added destinations for non-product outputs.Organisations are also exposed to best practice and knowledge transfer, resulting in cultural and process changes."
Lombardi & Laybourn (submitted)
NISP encourages companies to look beyond their traditional physical and sector boundaries in the pursuit of creating a sustainable economy.
The programme is just and ethical in its approach; providing a creative and rewarding environment for staff and partners, whilst delivering outstanding value to its stakeholders and members.
The programme endeavours to encourage government and industry of the benefit of industrial symbiosis as a key policy tool in helping to achieve a low carbon sustainable economy.
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