ReCircle Unveils FY 2023-2024 Impact Report: Diverts 57,457.80 MT of Waste, Achieving a 200% Increase in Waste Recovery This Year Alone

The report provides an in-depth look at ReCircle’s achievements and the milestones it has reached in its journey toward a circular future.

SEATTLE (Waste Advantage): ReCircle, a clean-tech resource recovery organization, has released its FY 2023-2024 Impact Report, showcasing major achievements in sustainability and resource management. The report highlights strategic partnerships with over 60 brands, the evolution of ClimaOne, and a remarkable 200% year-over-year growth in waste recovery, totaling 57,457.80 metric tonnes — 35% of the total waste managed by the organization to date.

ReCircle’s efforts are further underscored by its commitment to digitization, circularity, and community empowerment, demonstrating its ongoing progress in creating a sustainable future for both people and the planet. “We increased our waste recovery by a staggering 200% in 2023-2024, showcasing the effectiveness of our pan-India initiatives and strategic partnerships,” said Rahul Nainani, CEO & Co-Founder of ReCircle. “This report highlights our key developments, including the evolution of ClimaOne — our cutting-edge waste management platform, and the positive societal and environmental impact we’re driving. We also emphasize our work in brand engagement, community development, and the significant support from our investors and partners. From the very beginning, our goal has been to build something truly impactful — and we are just getting started.”

Gurashish Singh Sahni, COO & Co-Founder of ReCircle, added, “In the months ahead, we are focused on evolving our impact through a series of growth strategies, including achieving end-to-end circularity for plastics, exploring new supply chains, expanding ClimaOne, growing our team and building our textile waste recovery facility in Mumbai. We are also committed to furthering our support for Safai Saathis and collection partners to ensure sustainable growth.”

Key Highlights from ReCircle’s FY 2023-2024 Impact Report:

-Empowering Safai Sathis: Enhanced livelihoods and social recognition for over 3,500 informal waste workers, fostering empowerment and better working conditions.

-Investment Milestones: Secured funding in its pre-series A round from Flipkart Ventures, 3i Partners, and Acumen Fund Inc., signaling strong investor confidence in India’s clean-tech ecosystem.

-Grants and CSR Partnerships: Formed strategic partnerships with organizations such as the Alliance to End Plastic Waste, IIT Kanpur’s Swachhata Startup Challenge, Metro Shoes, and Hindustan Unilever (HUL).

-Tech for Impact: ClimaOne, ReCircle’s waste management platform, evolves to provide transparency, traceability, and ethical solutions for waste handling across the supply chain.

-National Goals Alignment: ReCircle’s initiatives align with the Swachh Bharat Mission and contribute toward achieving Sustainable Development Goals (SDGs) globally.

-Brand Engagement: Supported 60+ brands including HUL, UNDP India, and Hindustan Coca-Cola Beverages in meeting their sustainability goals.

-Community Engagement: Conducted Waste Collection Drives and Zero-Waste Events across India, educating and inspiring responsible waste management practices.

These efforts highlight ReCircle’s continued commitment to sustainability, social impact, and innovation in the clean-tech sector.

ReCircle invites companies, communities, and consumers to explore the transformative impact of its initiatives in the FY 2023-2024 Impact Report. The report provides an in-depth look at ReCircle’s achievements and the milestones it has reached in its journey toward a circular future.

Courtesy: www.wasteadvantagemag.com

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