Tag: circular economy

A $300 Million Bet That Sustainability Will Sell

A $300 Million Bet That Sustainability Will Sell Suzy Amis Cameron, known for her advocacy in sustainable living and ethical fashion, is now making a significant move in the business world. Her new venture, Inside Out, is not just another company aiming for profits; it’s a bold bet on the future of sustainability. With a […]

Textile-to-Textile Recycler Circ Raises $25 Million

Textile-to-Textile Recycler Circ Raises $25 Million Circ, a pioneering company in the textile recycling industry, has recently made headlines by securing an impressive $25 million in funding. This significant investment comes as Circ gains new backing from Taranis, an investment firm owned by the oil company Perenco, and additional funds from investors that include retail […]

BioReCer: Driving the EU bioeconomy through smarter certification

BioReCer: Driving the EU Bioeconomy through Smarter Certification In today’s fast-paced world, sustainability and circularity have become crucial aspects of any industry, especially in the realm of biological resources. The European Union (EU) has been a frontrunner in promoting a bioeconomy that is not only efficient but also environmentally friendly. One of the key players […]

Transforming plastic waste management: Innovating solutions for a circular economy

Transforming Plastic Waste Management: Innovating Solutions for a Circular Economy In the age of environmental consciousness, the issue of plastic waste management has taken center stage globally. The Alliance to End Plastic Waste, a non-profit organization comprising companies from across the plastic value chain, has been at the forefront of driving innovative solutions to combat […]

Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire

Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire In the heart of Ghana’s capital, Accra, lies Kantamanto Market, a bustling hub known for its vibrant secondhand clothing trade. However, the market faced a devastating blow on January 1st when a ferocious blaze engulfed its premises, leaving behind a trail of […]

Mechanical recycling: A key solution for a circular plastics economy

Mechanical Recycling: A Key Solution for a Circular Plastics Economy Mechanical recycling has emerged as a powerful tool in the fight against plastic pollution and the transition towards a circular plastics economy. This innovative process involves the collection, sorting, cleaning, and melting of mixed plastic waste to create new products, reducing the reliance on virgin […]

EU Moves Closer to Putting a Waste Tax on Fashion

EU Takes Steps Forward in Imposing Waste Tax on Fashion In a groundbreaking move, the European Union is making strides towards implementing a waste tax on the fashion industry. This significant development means that brands and retailers will soon be obligated to bear the expenses associated with collecting, sorting, and recycling old clothes. The implications […]

Branded Resale Service Provider Archive Raises $30 Million

Branded Resale Service Provider Archive Raises $30 Million In the fast-paced world of fashion, sustainability and circular economy practices are gaining traction. Companies are increasingly looking for ways to extend the lifecycle of their products and reduce waste. One innovative solution that has been making waves is the concept of resale, where pre-owned items are […]

Ikea Retailer to Invest $1 Billion in Recycling Firms

Ikea Retailer to Invest $1 Billion in Recycling Firms Ingka Group, the parent company of furniture giant Ikea, is making waves in the sustainability realm with its recent announcement of a $1 billion investment in recycling firms. This substantial commitment underscores the company’s dedication to environmental stewardship and marks a significant step towards a more […]

Why is ocean plastic waste still a growing problem despite global efforts?

The Persistent Challenge of Ocean Plastic Waste: Uncovering Reasons Behind its Continual Growth Despite concerted global efforts to combat ocean plastic waste, the problem continues to escalate, posing a severe threat to marine ecosystems and human health. Jack Shaw, a seasoned writer and editor for Modded, has explored the reasons behind this persistent challenge, shedding […]

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