Deposit return scheme (recycling) - Part 2

Wrong.

So did you get the 15c back ?

The Dunnes 10 off 50 applies only to purchases.

The DRS deposit is not a purchase.

Maybe he'll not make it to Manager 🙂

I don't spend 30 minutes shopping in Dunnes and never had a problem with the vouchers.

The CEO loves to talk up the "Community" and "Charity" aspect. Probably on PR advice: Salve our bad rep with consumers (and deflect from our bulging bank balance) by upping the Social Good message.

What's interesting is that 'Social Good' is not quantifiable, but in our media Foley is enabled in turning that into a plus by subtly suggesting it "could be huge".

By this I mean Foley will tell us there over 3,000 GAA clubs, other sports clubs, schools and places like hospitals collecting cans that are then redeemed (via volunteers) for deposit.

But because it's all done by volunteers using regular RVMs and collecting cash no one can actually tell what is normal consumer returns and what is the volunteers acting for their club or school.

If we could quantify it, the volunteer actiivities would undoubtedly be tiny compared to consumer re-turns., no more than a small fraction of 1% of all re-turn volume (c. 3,000 community bins across Ireland vs 2.1m homes or 5m + consumers). But Ciaran Foley will use headline examples of a CUH hospital raising €20k via its porters, or the €167k kids Charity donations re-turn made from festivals to hoodwink you into thinking this is practically a social good movement. (Just on that €167k, re-turn have the bare faced gall to say that money is "directly supporting over 165,000 children and families in need across Ireland* - really? €1 p.a. for each child in need? Social Good in action. {Link: https://re-turn.ie/return-for-children-celebrates-first-anniversary-with-re-turn/}

The real story, of course, is the 9-figure balance of unredeemed deposits sitting in the re-turn bank account. (I'm assuming €67m end Dec is at or near €100m by now).

But hey, let's not compare that instantly quantifiable number with the "immeasurable" social good.

It's not a scam, just them holding our deposit until we reclaim the money. But if we divert our Re-turn money to a charity instead of keeping it, they are taking the credit. 🙄

Ah, I think they did.