Materials Marketplace Wins World Economic Forum's 2016 Circular Digital Disruptor Award for its Contribution to a Circular Economy

January 29, 2016
Andy Mangan of USBCSD (far right) Receives the World Economic Forum's 2016 Circular Digital Disruptor Award

On January 20th in Davos, Switzerland, the U.S. Materials Marketplace received the World Economic Forum's 2016 Circular Digital Disruptor Award for its contribution to driving circular economy principles. The Materials Marketplace is a joint project of the U.S. Business Council for Sustainable Development (US BCSD), the Corporate Eco Forum (CEF), and the World Business Council for Sustainable Development (WBCSD) that provides an online platform linking manufacturers so byproducts from one can serve as feed stocks for another, which drastically reduces their environmental footprints and yields significant financial benefits. US BCSD developed the second-generation software as part of its EcoPartnership project in Qinhuangdao, Hebei Province, from 2013-2014. Launched in the United States, US BCSD hopes to deploy in China in the future and is working with its partners on project deployments in Europe. According to Andy Mangan, Co-founder and Executive Director of the USBCSD, "While materials matching has been tried many times before, several developments make now a good time for tipping it toward normal business practices. These include the growing corporate buy-in, the evolving sophistication of intelligent software and the momentum for climate change solutions coming out of the Paris Agreement."

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