The operator of the Salvation Army’s nationwide clothes recycling banks has earned almost £10m since 2008, an investigation has revealed.
According to The Guardian, Kettering Textiles Limited which is contracted to run the organisation’s recycling banks, has received over £10m, while the Salvation Army received £16.3m over the last three years.
According to the website of the Salvation Army Clothing Collection Scheme: “Of the net proceeds of the sales, two thirds are retained by Salvation Army Trading Company Ltd and one third is passed to Kettering Textiles Ltd. This means that at current market values Salvation Army Trading Company Ltd will receive £240 per tonne of donated clothing.”
However, the Salvation Army declined to comment further.
The Salvation Army Trading Company is currently the UK’s leading textile and clothes recycling company, and has an estimated network of 5,000 recycling banks nationwide.