Carousell Group has unveiled its inaugural Circular Economy Impact Report, a pioneering initiative in Southeast Asian e-commerce. The report highlights the positive environmental impact of secondhand transactions, revealing that the Carousell user community avoided 116,577 tonnes of carbon emissions in four categories in 2022.
This is equivalent to driving 1.9 million times one-way between Kuala Lumpur and Singapore. The report underscores the benefits of choosing secondhand items over new ones, indicating that almost 56% of Carousell purchases displaced the purchase of new items. Carousell aims to lead in advancing the circular economy and promote sustainable practices.
Carousell on Secondhand products
Mr Gaurav Bhasin, Chief Strategy Officer, Carousell Group says, “By facilitating secondhand transactions, Carousell Group holds a central role in advancing the circular economy alongside our users in the Greater Southeast Asia region. In addition to the Avoided Emissions calculations, we have also taken the opportunity to calculate our Group’s Carbon Footprint. The robustness of our chosen methodology underscores our strong commitment to sustainability, and it forms the bedrock of our sustainability endeavours.”
Leave a Reply
You must be logged in to post a comment.