Standard Owner Benchmark - RENEWCELL

By CommonShare

Renewcell is a Swedish company that specializes in sustainable textile recycling and the production of cellulosic materials. It was founded in 2012 with the goal of addressing the environmental challenges posed by the fashion industry and promoting a circular economy.

Renewcell's main focus is on recycling cellulosic textile waste, such as cotton and other natural fibers, to produce a material called Circulose. Circulose is a high-quality dissolving pulp that can be used as a sustainable alternative to virgin materials in the production of textiles. It is made through a proprietary process that involves breaking down and purifying the recycled textiles, creating a pulp that can be turned into new fibers.

The company's recycling process is designed to be highly resource-efficient, using minimal amounts of water and energy compared to traditional textile production. It also helps reduce the need for landfills and the extraction of raw materials, thereby reducing the environmental impact of the fashion industry.

Renewcell works closely with textile brands, retailers, and manufacturers to establish partnerships and develop a closed-loop system for textile recycling. They collaborate with various stakeholders in the fashion industry to increase awareness about the importance of sustainable textile recycling and the benefits of using Circulose as a raw material.

In addition to recycling cellulosic textiles, Renewcell also emphasizes transparency and traceability in its supply chain. They prioritize responsible sourcing of raw materials and engage in ongoing efforts to ensure the social and environmental sustainability of their operations.

Renewcell's innovative approach to textile recycling and their commitment to creating a circular economy have gained recognition in the industry. Their work contributes to reducing textile waste, conserving resources, and promoting the sustainable production of textiles.

Overall Rating

1.2
Under-Performing

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.