Closing the loop on our linear economy

What if we lived in a world of circularity that transformed our myriad of stuff into valuable resources through reuse?

The problem?

Today, the linear life of an asset has no visibility, traceability, and very low reuse potential.

We live in a take-make-waste world that generates overwhelming amounts of stuff that often sits idle in our closets, storage units, and landfills.

What is the circular economy?

The circular economy is a holistic solution that recaptures waste to create new resources and products, keeping goods, materials, and services in use for a regenerative future. Ultimately, it’s a transformation of our global systems based on three main principles:

Building a connected circular economy

At Rheaply, we believe there is a fourth principle that truly puts us on the path to a circular economy—connecting our global value chain. Explore the players in our connected circular economy.

What does circularity look like in practice?

Put simply, circularity happens through connections and community. With the right system in place, organizations and municipalities can share materials and resources no longer needed with other departments or the broader community, saving money and resources and avoiding landfill.

Commercial reuse – think supplies and furniture in a typical workplace, factory, lab, university, and beyond – has the opportunity to make a massive impact on our environment and companies’ bottom lines.

What are the benefits of a circular economy?

  • Efficiency: Streamline procurement, purchasing, and operations by keeping resources in (re)use
  • Sustainability: Reduce consumption of finite resources to make a real impact on carbon emissions, pollution, and climate change
  • Equity: Support the economic mobility of marginalized communities to empower systems to change

An estimated 70% of carbon emissions can be abated by transitioning to a circular economy.

Circularity for every business

Keep valuable products and materials in use

Gain visibility into your assets and unlock the value of your existing resources to ensure that your organization has the resources and materials it needs.

Reduce costs and waste

Locate, track and manage material flows, boosting transparency and traceability in the supply chain.

Reach your sustainability goals

Develop goals using standardized data across business units to activate reuse and achieve long-term success.

Connecting communities to the resources they need

Develop community relationships

Redistribute your resources to local small businesses, nonprofits, and community groups.

Make affordable resources accessible

In-demand resources with prices people can actually afford

Start the circularity conversation

Normalize reuse by making it the easiest and most economically viable option

Rheaply’s resource exchange platform

Many large companies have already started transitioning to circular systems, but introducing your organization to the circular economy can feel daunting.

We help organizations like yours think differently about resources to understand the environmental footprint of unused items and identify the value of existing assets, starting with our resource management platform.

Services

Our comprehensive consulting and field services team will help you establish a circular economy roadmap for your organization’s resources and ensure the successful launch of the Rheaply platform.

Circularity for every business

These are just a few examples of industries and organizations making a difference with Rheaply.

City Marketplace

Bay Area Marketplace engages original manufacturers, local businesses, and service providers to enable local reuse

Commercial Real Estate

Enterprise organizations launch workplace resource exchange across multiple campus buildings

Healthcare

Allina Health saves $51,585 through internal resource exchange

Energy and Utilities

Nicor diverts materials into the community, saving them from landfill and incineration

A circular city model

As a company founded in Chicago, Rheaply understands firsthand how cities are essential players in growing the circular economy.

Discover how your organization can be part of creating re-localized, connected cities to increase its growth potential and expand equitable access to assets and resources.

Circular economy business models

Join the circular economy

To create a thriving circular economy, we need an entire ecosystem to make it work. Everyone—no matter their industry or role—has a place in the circular economy and the Rheaply network. Contact our team to build your organization’s resource circulation strategy.

Resources we think you’ll love:

Connecting KIPP Chicago with Rheaply’s resource exchange platform

12. Amanda Jordan on turning Phoenix into a circular city

How the City of Chicago created a local PPE marketplace during COVID-19