SecondMuse Foundation
Climate Impact & Sustainability Data (2021-01 to 2023-12)
Reporting Period: 2021-01 to 2023-12
Environmental Metrics
Waste Generated:24,806 MT (3 years)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 24,806 metric tons of plastic waste diverted from landfill across 3 years.
Social Achievements
- Improved livelihoods for informal workers (Blue Ocean Plastic, Green2Get, Nano Onions). 55%-83% of respondents reported improved conditions.
- Engaged 43 ventures/companies, with 21 receiving targeted growth support.
- Created and supported 60 strategic partnerships.
Governance Achievements
- Collaboration with government agencies and industry stakeholders to improve policy and regulations.
- Supported development of EPR policy research.
Climate Goals & Targets
Environmental Challenges
- Low rates of waste segregation and separation at source.
- Low wages for informal waste sector workers.
- Significant gap in installed processing capacity for plastic recycling.
- Lack of comprehensive policy framework to address plastic waste pollution.
- Funding gap for early-stage entrepreneurs and innovators.
Mitigation Strategies
- Developed tailored engagement strategies for different industry segments.
- Facilitated knowledge sharing and cross-country learning on EPR.
- Built improved supply chains and strategic partnerships.
- Provided larger-scale flexible grants and tailored developmental assistance.
- Increased investment and facilitated access to funding.
Supply Chain Management
Responsible Procurement
- Support for businesses using recycled materials.
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 9: Industry, Innovation and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 8: Decent Work and Economic Growth
Initiatives contribute to these goals through promoting sustainable solutions, improving livelihoods, and fostering innovation.
Sustainable Products & Innovation
- Reverse Vending Machines
- Refill vending machines
- Seaweed-based straws
- Recycled plastic products