{"id":4724,"date":"2024-01-03T00:00:00","date_gmt":"2024-01-02T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4724"},"modified":"2024-01-02T23:04:08","modified_gmt":"2024-01-02T15:04:08","slug":"daily-markup-896-carousell-shows-how-buying-and-selling-secondhand-avoids-carbon-emissions-doing-the-job-of-5-3-million-trees","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4724","title":{"rendered":"Daily Markup #896: Carousell shows how buying and selling secondhand avoids carbon emissions, doing the job of 5.3 million trees"},"content":{"rendered":"\n<p>Happy New Year! We\u2019re kicking off the first issue of Daily Markup with Carousell\u2019s Circular Economy Impact Report.<\/p>\n\n\n\n<p>Wishing you a great 2024!<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/9cTleJvokcnlyP923k8lA_Aq6NA_YVQcivNDxM5HOy9nhPKc7TZXWhi7gRRRHE967tNYXnUAx-QFme57SJGTEMoYBE7CRuv7pePXSrh0HPeO6j7GdBxn1sEUsE5bsJOL9CCcO41fJwrZT6N6Xqpdwh8\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Photo credit: Carousell<\/figcaption><\/figure>\n\n\n\n<p><strong>Putting trees out of a job&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Can shopping contribute to sustainability? 500-backed recommerce platform <a href=\"https:\/\/www.carousell.sg\/\">Carousell<\/a> proves it can and quantified this in their inaugural Circular Economy Impact Report, detailing how their secondhand marketplaces, Carousell, Laku6 and REFASH, led to Avoided Carbon Emissions.<\/li>\n\n\n\n<li>How? Buying and selling secondhand items disrupt the need to constantly produce brand new items and extend the availability of limited resources for future generations. What\u2019s more, under-utilized and unused items don\u2019t end up in the landfills.<\/li>\n\n\n\n<li>Launched in the presence of Tharman Shanmugaratnam, President of the Republic of Singapore, the report is <a href=\"https:\/\/press.carousell.com\/2023\/12\/08\/carousell-group-releases-first-of-its-kind-circular-economy-impact-report-showing-positive-climate-impact-from-secondhand-transactions-in-greater-southeast-asia\/\">a first-of-its kind for e-commerce and recommerce marketplaces in Southeast Asia<\/a>. The Carousell community avoided 116,577 tonnes of carbon emissions across four goods categories &#8211; Fashion &amp; Luxury, Electronics, Furniture &amp; Home Living and Hobbies &amp; Toys &#8211; in 2022.<\/li>\n\n\n\n<li>To put that number into perspective, that\u2019s equivalent to 5.3 million trees absorbing carbon dioxide per year, or the production of 179 million plastic bottles, which represents approximately 38% of Singapore\u2019s annual plastic bottle consumption!<\/li>\n\n\n\n<li>Co-founder &amp; CEO Siu Rui Quek shared, \u201cOur mission is to make secondhand the first choice for everyone. We have stayed true to this mission over the past 11 years, and we remain committed to making selling and buying secondhand even simpler, more trusted and convenient. With the release of the report, we hope more people realize how easy it is to embrace secondhand as a lifestyle and contribute to a greener world, without compromising on the things they enjoy.\u201d<\/li>\n\n\n\n<li>Moving forward, the Group is committed to progressively incorporating all remaining categories and integrating other Group brands Mudah.my, Ch\u1ee3 T\u1ed1t and OneShift within the scope of the report.<\/li>\n\n\n\n<li>Download the full Circular Economy Impact Report <a href=\"https:\/\/bit.ly\/3NI3Lsr\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Happy New Year! We\u2019re kicking off the first issue of Daily Markup with Carousell\u2019s Circular Economy Impact Report. Wishing you a great 2024! Putting trees out of a job&nbsp;<\/p>\n","protected":false},"author":5,"featured_media":4725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[45],"class_list":["post-4724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-carousell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #896: Carousell shows how buying and selling secondhand avoids carbon emissions, doing the job of 5.3 million trees - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=4724\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #896: Carousell shows how buying and selling secondhand avoids carbon emissions, doing the job of 5.3 million trees - Markup\" \/>\n<meta property=\"og:description\" content=\"Happy New Year! We\u2019re kicking off the first issue of Daily Markup with Carousell\u2019s Circular Economy Impact Report. Wishing you a great 2024! 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