TerraCycle wants to recycle everything in your life

Have you ever felt guilty about tossing your old Teva sandals, or Colgate toothbrush, or Etch A Sketch into the trash, where they will clog up a landfill for hundreds of years? I have good news for you. All of those items—and many more—are now recyclable thanks to TerraCycle, a company that can recycle just about anything, especially items that can’t be processed by municipal facilities.

When the company launched in 2001, eliminating waste wasn’t something the average consumer cared about, but two decades later, environmentalism has gone mainstream, and that’s been good for TerraCycle’s business. Over the past five years, TerraCycle has grown explosively thanks to partnerships with brands that pay the company to collect and recycle customers’ old products. Today, more than 500 brands have signed up, a tenfold increase from 2016. In 2020, TerraCycle generated upward of $50 million in revenue across 20 countries and grew its staff by 33% to 380 employees globally.