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The John Lewis Partnership in the United Kingdom has launched a £ 1m fund for the circular economy

The John Lewis Partnership, in partnership with Khabab, has announced the launch of a £ 1m fund to support pioneering ideas that accelerate the transition to a more cyclical economy. The fund provides £ 150,000 to £ 300,000 in grants for projects that rethink waste, change consumer thinking, and develop new business models.

The fund is exploring new ideas in three areas: textiles, food and household goods, technology and services. Grants are open to charities, community interest companies, social enterprises, academic societies, and start-ups (under 5 years old). Successful projects are innovative, truly cyclical, and have a significant impact on creating a long-term heritage. The John Lewis Partnership said in a press release that joint applications are encouraged by organizations that are willing to share their approaches and findings openly.

The fund is based on various waste and recycling efforts undertaken by the John Lewis Partnership in October 2020. This includes ensuring that all John Lewis product categories have “buy-back” or “regain” solutions by 2025 and develop rental / resale options. By 2030, halve food waste for operations and for customers.

“As part of this effort, John Lewis has launched a new range of mattresses, including wool that was provided by the British shepherds feeding Waitrose after they were cut, a product that was once highly regarded in the UK. Wool has been underutilized for decades. The new mattress series makes good use of this natural fiber and ensures that high quality wool is not wasted. ” I did.

The new grant fund follows in the footsteps of the previous Plan Plastic Grant fund provided by Hubbub on behalf of Waitrose & Partners, and also invests money incurred at the expense of plastic bag carriers.

Plan Plastic sought innovative ideas for reducing plastic pollution. Five award-winning organizations were selected by an independent panel from a pool of 156 applications. Winners came from different organizations covering different approaches to tackling plastic pollution. These include new technologies to prevent the loss of fishing gear in the ocean, the world’s first community-led bio-recycling plant, research on how mussel banks can remove marine microplastics, promoting plastic-free periods, and youth. Includes the installation of 60 water stations in the hostel.

Fiber2Fashion News Desk (RR)



The John Lewis Partnership in the United Kingdom has launched a £ 1m fund for the circular economy

Source link The John Lewis Partnership in the United Kingdom has launched a £ 1m fund for the circular economy

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