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In India, 465 crore of plastic bottles are imported annually. India ranked #2 globally in Plastic Waste Production and imports plastic waste from other nations due to inadequate systems and incentives for waste retrieval.
The mismanagement of plastic waste arises due to fragmentation, lack of transparency, lack of traceability in the collection-to-processing chain, inadequate support for informal waste workers, and absence of inclusive employment and basic rights. Notably, 3-4 million individuals rely on scavenging waste from landfills and dumpsites for their livelihoods, facing an unfortunate absence of job security, fair compensation, and dignity. Addressing these issues is paramount to establishing a circular economy and ensuring the sustainability of the plastic waste management ecosystem in India.
It is clear that there is a pressing need to tackle the mismanagement of plastic waste in India, and ReCircle has the solution for this.
At ReCircle, we have been relentlessly focused on our mission to accelerate the world’s transition to a circular economy. Our impact solution aims to create a streamlined and responsible plastic waste management supply chain through our own traceable reverse supply chain CleanTech platform - ClimaOne.
ClimaOne offers complete visibility and control over your supply chain, from sourcing to disposal. It is a circular supply chain platform, driven by pure technology to transform the way materials are managed.
By leveraging the power of ClimaOne, we are driving positive change, formalising waste workers, standardising processes, and ensuring the reintroduction of ethically sourced recycled plastic in our partner brand’s supply chain & thereby closing the loop on plastic as well as creating an ethical circular economy.
For more information on our solution, do refer to our Slide Deck.