Shoe Polish Illegal in Garbage & Drains Hazardous Waste Unused or leftover shoe polish should be disposed of as household hazardous waste. Ways to Reduce Opt for a Natural Polish Choose a natural shoe polish that doesn’t contain turpentine, chemical dyes or petroleum byproducts. Look for natural oils, waxes, and mineral or organic pigments. DIY Shoe Polish Beeswax or carnuba wax and walnut, coconut or olive oil are eco-friendly alternatives to store-bought shoe polish. Try making your own petroleum-free polish by combining 2 ounces of oil, ½ ounce of beeswax, and ½ to 1 teaspoon of natural pigment from Earth Pigments.