Around the world, leaders are working towards zero waste.
Globally, for example, the Zero Waste International Alliance was “established to promote positive alternatives to landfill and incineration and to raise community awareness of the social and economic benefits to be gained when waste is regarded as a resource base upon which can be built both employment and business opportunity.”
In parts of the United States, zero waste programs are being set up to phase out waste entirely. Even Metro Vancouver has a goal of zero waste by 2040. In fact, according to Vancouver.ca, “As a city we’ve committed to conserve resources, prevent waste of all types, including wasted food at all points between farm and table, compost inedible food or convert it into fuel, repair and maintain products and materials to extend their lives, and share, reuse, and refurbish products and materials before recycling them.”
All could be beneficial for companies that deal with recyclable material, such as asphalt shingles, like Northstar Clean Technologies (TSXV: ROOF) (OTCQB: ROOOF). Other shingles stocks to be aware of in the market include Owens Corning (NYSE: OC), Builders FirstSource Inc. (NYSE: BLDR), Beacon Roofing Supply Inc. (NASDAQ: BECN), and Home Depot Inc. (NYSE: HD).