57,457.80 metric tons of waste recovery—35% of the total waste managed to date—are the result of strategic partnerships with 60+ brands, ClimaOne’s evolution, and community empowerment. This represents a 200% year-over-year growth and transformative impact.
The premier clean-tech resource recovery group, ReCircle, has published its FY 2023–2024 Impact Report, highlighting significant advancements in resource management and sustainability. The report emphasizes the development of ClimateOne, strategic alliances with more than 60 companies, and an impressive 200 percent year-over-year increase in garbage recovery, amounting to 57,457.80 metric tons, or 35% of the total waste managed by the organization to date.
ReCircle’s dedication to digitalization, circularity, and community empowerment further highlights its initiatives and shows its continuous development in building a sustainable future for people and the environment.
According to Rahul Nainani, CEO and co-founder of ReCircle, “we increased our waste recovery by a staggering 200% in 2023-2024, showcasing the effectiveness of our pan-India initiatives and strategic partnerships.””The progress of ClimaOne, our state-of-the-art waste management platform, and the beneficial social and environmental effect we’re promoting are among the major advancements highlighted in this study. We also highlight the important assistance we receive from our partners and investors, as well as our efforts in community development and brand involvement. Our objective has always been to create something genuinely significant, and we are only beginning.
“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,” added Gurashish Singh Sahni, COO and co-founder of ReCircle. In order to guarantee sustainable growth, we are also dedicated to increasing our assistance for Safai Saathis and collecting partners.
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 initiatives demonstrate ReCircle’s ongoing dedication to social impact, sustainability, and clean technology innovation.
In the FY 2023-2024 Impact Report, ReCircle extends an invitation to businesses, communities, and consumers to examine the revolutionary effects of its programs. The paper offers a thorough analysis of ReCircle’s accomplishments and significant turning points in its quest for a circular future. [View the complete report here]
