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Industry Talk

Asahi Kasei takes stake in Circularise

Group expects to contribute to a carbon neutral and sustainable world by joining establishment of digital platform.

7th December 2022

Innovation in Textiles
 |  Düsseldorf, New York and Tokyo

Clothing/​Footwear, Sustainable

Asahi Kasei is investing in Circularise B.V., a Netherlands based start-up that provides digital product passports and mass balance bookkeeping software, together with Brightlands Venture Partners, 4impact capital, and Neste.

Circularise was founded in 2016 aiming to accelerate the shift towards a circular economy through supply chain traceability and transparency. The company has developed a highly reliable supply chain management system that achieves both data anonymity and transparency using blockchain technology.

By doing so, various information on raw materials, recycling history, biomass and recycling content, carbon footprint and third-party certification, can be traced through the supply chain while maintaining the confidentiality of each stakeholder's information.

The Asahi Kasei Group expects to contribute to a carbon neutral and sustainable world by joining the establishment of a digital platform ensuring reliability and transparency in the supply chain through its investment in Circularise, in accordance with its medium-term management plan focused on the theme ‘Be a Trailblazer’.

www.asahi-kasei.com

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