Carrot helps businesses reduce carbon emissions and waste by becoming circular.
Less than 18% of all that we produce and consume is currently being recycled, despite the potential for reusing and recycling more than 90% of these materials.
In addition to ending waste, transitioning to a circular economy can deliver 85% of the carbon emissions reductions needed to stay below the 2ºC limit.
Certify environmental performance while keeping your data safe.
Track your supply chain activity using ProductIDs and MassIDs on a global blockchain. Consolidate your upstream and downstream supply chain data to reduce environmental risk, gain insight into actual recycling and reuse performance, and calculate Carbon footprints to meet Scope 3 Carbon accounting standards.
Go even further and embed MassIDs into your Product IDs to prove recycled content use in your products and invite your customers to verify your claims by searching for ProductIDs and MassIDs stored as unique assets on the blockchain.
(For Corporations)
Companies can verify and prove reuse & recycling performance conducted by their logistics and waste management service providers by ensuring their MassIDs and Product IDs are tracked.
Independent, third-party auditors certify reuse and recycling, which can be used to meet Extended Producer Responsibility mandates for reducing waste.
In addition, companies earn rewards from reuse, recycling, and carbon credits, which can be applied to reducing service costs associated with composting, recycling, and reuse.
(For Corporations, Producers, Haulers, Processors, and Recyclers)
Purchase Circular Economy Credits that reward market participants for their environmental work and get "the credit" for that investment.
Recycling and Carbon credits serve as an efficient investment mechanism in the underfunded recycling economy, driving resources into the market where they are verifiably working and helping good actors scale. The proceeds from the sale of credits are distributed to all participants, serving as rewards for their environmental contributions and encouraging greater participation.
Every company should allocate a portion of their ESG, carbon, & waste reduction budgets to market solutions that drive efficiency at an economic system level.
(For Companies, Fund Managers, Banks, Foundations and Institutions)
Every stakeholder can benefit. CARROT does not compete with the recycling materials or services markets and aims to add value to all participants.