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All unclaimed printouts should be shredded at the end of the day. Many confidential printouts are not collected and/or forgotten.
Normally, every office has an admin staff. Shredding unclaimed documents can be a periodic first thing in the morning and/or last thing in the evening duty, depending on the work culture of the office.
There should also be a behavioral change amongst staff, so that printouts are collected, irrespective of the document class (restricted, confidential, etc.). As the saying goes, "One man's junk is another's gold."
The consequence of not shredding documents is the availability of valuable information to office visitors, be they friends, cleaners, clients or contractors.