Reverse Resources, an organization based in Bangladesh and Estonia, set up a network for unused resources in the textile and apparel supply chain to unlock new recycling opportunities.
Also, a group of organizations dedicated to developing a circular economy for apparel has joined forces to create an online and open-access platform.
By allowing companies to track deadstock, unused textile and apparel industry waste, or post-consumer goods.
Regarding this, Ann Runnel, Founder & CEO of Reverse Resources said, “Our mission is to help to bring down the cost of recycling to support the scale-up of the circular economy. The more industry members that participate, the more we can create economies of scale.”
The new industry organizations, such as Accelerating Circularity, Fashion for Good, Global Fashion Agenda’s Circular Fashion Partnership, US-based Secondary Materials and Recycled Textiles (SMART), and the UK-based Waste and Resources Action Programme (WRAP) will join the program.
On the other side, the open-access platform will help circular economy players find the services they require. That is the reason behind the tested of the post-industrial textile waste industry and headstock.
Besides that, a pilot has been in operation with Global Fashion Agenda’s Circular Fashion Partnership in Bangladesh, Fashion for Good’s Sorting for Circularity India Project, and Accelerating Circularity’s Project Europe.
An estimated 17 million tons in the USA and 5 million tons in Europe of post-consumer waste are said to be landfilled or scalded every year.
As per the company, linking recyclers with manufacturer’s information increases the transparency of post-industrial material availability, thus leading to greater circularity.