Globechain the ESG Reuse Marketplace
Globechain is a leading ESG-focused reuse marketplace that connects businesses with charities and communities to redistribute surplus items — turning waste into opportunity by facilitating the exchange of unneeded assets.
May Al-Karooni
Founder
How did it all begin?
I used to work for an investment bank, and when they moved offices across the road and disposed of all the furniture and assets. She thought, why had no one digitized waste, so she went about creating Globechain.
What sets your business apart?
Globechain is the largest ESG reuse marketplace and is a mega marketplace. We are also first to market, the only marketplace to provide seven years' worth of ESG transparent data and have the largest network effect. Our network of over 10 000 members results in items typically being requested and reserved within 20 minutes.
What is the concept behind your business or the problem you’re solving?
We enable companies to reuse materials and assets to help them reduce waste, their carbon and improve their ESG data, giving a transparent audit trail of where items have ended up, the social impact of the reuse with the power and value of the ESG data helping with credit financing, bond risk, valuations and share pricing. Globechain has two product solutions, external and internal reuse and loaning.
Through internal reuse and loaning, enterprises can reuse and optimise their stock across multi-locations, stores, distribution centres or offices. External reuse gives enterprises access to our global network of members to redistribute their items.
What is your brand vision?
Globechain is currently scaling across the USA with global expansion plans for the next two years.
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