1. The problem states that the company wants to increase waste recycled by 22.5%. 2. The current amount of waste recycled is 31.4 tonnes. 3. To find the new target, calculate 22.5% of 31.4 tonnes: $$22.5\% \times 31.4 = 0.225 \times 31.4 = 7.065$$ tonnes. 4. Add this increase to the original amount recycled: $$31.4 + 7.065 = 38.465$$ tonnes. 5. Round to two decimal places: 38.47 tonnes. 6. Therefore, the new target for waste recycled is **38.47 tonnes**.