Refurbed Marketplace GmbH
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Renewable Energy Share:100% (Vienna office)
ESG Focus Areas
- Climate Change
- Circular Economy
- Social Sustainability
- Governance
Environmental Achievements
- Saved 270,000 tonnes of CO2, 94 billion litres of water and 885 tonnes of electronic waste compared to new purchases by selling >4.8 million refurbished appliances since foundation.
- Planted over 6.6 million trees.
- Developed an ISO 14040/44-verified calculation model to measure the environmental impact of refurbished products.
Social Achievements
- Achieved a 49% female representation in the workforce and 43% in leadership positions.
- Implemented a remote-first work culture.
- Launched various employee well-being initiatives, including access to psychologists and a buddy system.
Governance Achievements
- Established a whistleblowing policy compliant with EU standards.
- Implemented a robust quality management system for refurbishers.
- Maintains regular monthly townhall meetings for employee participation.
Climate Goals & Targets
Long-term Goals:
- Establish 'refurbed' as the new norm for sustainable consumption.
Medium-term Goals:
- Expand Corporate Carbon Footprint measurement to include at least 1 additional product category by 2026.
- Expand environmental impact data to include at least 1 additional product category by 2026.
- Full implementation of emission reduction project by end of 2025.
Short-term Goals:
- Expand Corporate Carbon Footprint measurement by mid-2024 to include CO2 data from the verified calculation model for renewed smartphones, tablets, and laptops.
- Start test phase of emission reduction project with selected refurbishers by end of 2024.
- Develop internal reduction strategy by mid-2024.
Environmental Challenges
- Indirect influence on emissions from products sold by refurbishers.
- Lack of sufficient data on spare part harvesting in the refurbishment process.
- Need for better data collection from refurbishers on sustainability metrics.
Mitigation Strategies
- Collaborating closely with refurbishers to minimize environmental impacts.
- Developing an emission reduction strategy with goals and measures.
- Working towards collecting sustainability data from refurbishers in accordance with legal requirements.
Supply Chain Management
Responsible Procurement
- Rigorous quality management and monitoring of refurbishers.
Climate-Related Risks & Opportunities
Opportunities
- Expansion into new product categories and markets.
Reporting Standards
Frameworks Used: ISO 14040/44
Third-party Assurance: GutCert
UN Sustainable Development Goals
- 1
- 2
- 3
- 6
- 7
- 8
- 9
- 11
- 12
- 13
- 14
- 15
- 17
The company's initiatives contribute to these SDGs through various environmental and social projects.
Sustainable Products & Innovation
- Refurbished products across various categories.
Awards & Recognition
- EY Scale-up of the year 2023
- TechTourGrowth50 2023
- German Customer Award 2023
- Miglior Servizio Clienti at Corriere della Sera 2022/23
- ESG Innovation Award at the Irish Business & Finance ESG Awards 2023
- Leading Electronic Refurbishment Company 2024 at the Irish Enterprise Awards 2024