Indian EPR legislation for “Plastic Waste Management Rules”, approved in 2016, asserts the responsibility of producers, importers, and trademark owners to ensure the treatment of their waste – such as plastic packaging – through recycling, reuse, or end-of-life disposal. A similar arrangement also applies to electronic waste: EPR regulations state that all electrical and electronic equipment manufacturers must convey electronic waste to an authorised dismantler or recycler.
Based on this regulation, EcoEx provides services relating to EPR, waste raw materials trade, and technological consultancy, using a completely automated B2B portal. Members registered on the portal can trade waste raw materials with one another. The digital platform helps transformers and recyclers connect with producers for the safe disposal or recycling of waste. Founded in 2020 by Nimit Aggarwal, the startup also offers Plastic Credit Certificates which enable different organisations to assert their compliance with EPR regulations.
At the same time, EcoEx is concerned with the trade of waste raw materials and offers technological consultancy for the creation of recycling units and waste-to-energy plants. “One of the main causes of the inefficiency of waste management in India is, effectively, the unorganised structure of stakeholders in this sector,” Aggarwal explains. “Through the exchange of certificates, EcoEx aims to bring together interested parties in the waste management sector.”
Sito web:
Sector:
EPR certificates
Pros:
Trading and EPR compliance certificates platform
Features:
Digital marketplace for the management of plastic waste and e-waste within the framework of EPR services
This article is also available in Italian / Questo articolo è disponibile anche in italiano
Immagine: Envato