A startup in Thailand is becoming a role model for the circular economy. Their business model includes saving surplus fabric from the textile industry and selling it to designers who transform it into new apparel.
Determined to reduce CO2 and promote circular emissions, the founders of Moreloop decided to help make the clothing industry more sustainable.
DW reports that so far the company has saved 500 tons of carbon by not producing new fabric, already reaping numerous prizes for their work.
“Business customers and designers can find cheap surplus fabric for their collections from textile factories on moreloop’s online platform. Some 70 textile companies in Thailand use moreloop to sell their excess fabric to around 150 customers, who use it to make items of clothing.”
The problem with the textile industry is that it makes up for 10% of human carbon emissions, dries up water sources, and pollutes waterways.
At the same time, 85% of the textile goes to the dump each year.
Doing its best to reverse this trend, Moreloop plans to save a million kilograms of CO2 by 2024 by not using newly produced fabric.
The startup has also launched its product line made of excess fabric. This includes COVID face masks, work, and sportswear.
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