Excess Materials Exchange is digital matching platform that identifies high-value reuse options for excess materials or waste products that a company produces.
TARGET USERS: Individuals, Businesses, Government
KEY CONSIDERATIONS: Any material, component or product can be exchanged on the EME, however in their pilot they unlocked the potential across 18 streams.
MORE INFORMATION: https://excessmaterialsexchange.com/
Far too many resources and secondary materials are disposed of prematurely, this is a failure of the current linear market structure. However, there is a growing call for Circular models that place great value on keeping resources in circulation for fitting applications.
Excess Materials Exchange (EME) is a digital platform that unlocks the potential of excess materials and products by matching them to their highest value uses. They give materials, products and waste streams a new high-value reuse destination.
Here’s how it works:
The Resources Passport gives an overview of the composition, the origin, the toxicity or deconstructability of the material or product, among other things. The passport provides the material or product with an ‘identity’.
With tracking and tracing identifiers like barcodes, QR codes and chips, they effectively match physical materials to their digital Resources Passport. This makes it possible to follow the materials throughout their life-cycles.
They identify the maximum potential value that can be derived from a material, product or waste stream, and calculate the financial, environmental and social impacts.
They then match the material or product to a new reuse option and innovation partners within their EME network.
Similar online platforms exist, one such solution was developed by the City of Austin, Texas called the Materials Marketplace, along with the United States Business Council for Sustainable Development.
EME’s Pilot Report can be downloaded at the following link: https://excessmaterialsexchange.com/pilot-report-release/
Reusable containers and packaging eliminate the need for single-use plastic items in all sectors. TARGET USERS: Individuals, Businesses, Industry, Government KEY CONSIDERATIONS: Globally, replacing just 20% of single-use...View full Best Practice details
Loop is a global circular shopping platform that enables consumers to buy common household products in reusable containers and with a container delivery/return service in...View full Best Practice details
Universal Reusable Bottle is a model whereby a single packaging design is adopted across an industry, which can be collected, cleaned and reused by any...View full Best Practice details