sharing

the sharing economy, shared services etc

Artwork for Circular Economy Podcast episode 135 with Tuomo Laine

135 Tuomo Laine: unlocking circular business models

by Catherine Weetman
30th June 202427th June 2024

Tuomo Laine is the CEO and co-founder of Twice Commerce, which provides software to help its clients unlock a range of circular business models.
Tuomo is known for being straightforward and action-oriented, and for his dedication to using entrepreneurship for societal good. He is a member of the Unreasonable Group Fellowship, and is occasionally invited to lecture at Aalto University, to share his venture building experiences.
Twice Commerce’s mission is to uncouple economic growth from the extraction of new materials, and it helps a broad spectrum of clients, from large retailers to individual sellers.
The platform aims to enhance the value of any kind of object – by extending product lifecycles, unlocking more usage and sales from each item, conserving resources, improving value chain gross margin and reducing the need for new manufacturing. This is all about creating more value through circularity, not finding ways to reduce quality or reduce the pay for workers.
Twice Commerce’s clients include Decathlon, Rab Outdoors, Intersport, Motonet and many others, covering clothing, outdoor equipment, tools and much more, and by enabling improvements to the bottom line, Twice Commerce helps clients align profitability with environmental stewardship.
Tuomo and his colleagues are getting to the crux of how to redesign the typical one-way commerce software to facilitate circular solutions and to address the elements that are adding cost, complexity or dysfunctionality.
This is all about unlocking productivity – not just labour productivity, but thinking about how to leverage more value from the inputs you’ve invested in every unit that comes off the production line.

Artwork for Circular Economy Podcast episode 131

131 Re-Action – Sharing: Serving more people with less stuff

by Catherine Weetman
26th May 20246th June 2024

This is #2 in the 5th Anniversary mini-series featuring the Re-Action Collective, and focuses on sharing and ‘pay to use’. We hear from the founders of three startups enabling people to have convenient and affordable access to high-quality outdoor gear: Anna Smoothy from Cirkel Supply, Rebecca Heaps from Tentshare and Bruce Leishman from KitUp Adventures.
The strapline for this episode – serving more people with less stuff – was inspired by Anna Smoothy at Cirkel Supply. I loved their aim, to serve more people with less products. and that aligns with one of my favourite phrases at the moment, about the need for businesses to do better, with much less.
Sharing, including ‘pay to use’ systems, is one of the 3 key circular economy strategies that I encourage businesses to focus on. Sharing can be a catch-all term for commercial arrangements that make it easy to use something for a short period, rather than owning it. These systems can help organisations to serve other organisations, to serve individuals, or for people to serve other users.
For decades, we’ve been happy to rent houses, holiday accommodation, cars, skis and bicycles, movies and more – and now people are branching out into other categories. Rental and subscription services are popping up for technology, fashion and accessories, home appliances, furniture and more, avoiding the need to buy things you aren’t sure you’ll want to use over the long term. Often, these are disruptive startups using online platforms to provide convenient, flexible ways to access high-quality brands at affordable prices.
Sharing is really coming to the forefront, in particular for younger people who want access to the stuff they need and see ownership as a burden, not a benefit.
Global revenue growth for sharing and renting is forecast to grow at 30% each year, and is key to helping us do much more, with much less. In other words, we get more use – or productivity – from underutilised assets – meaning we need fewer of them in the overall system. This is sometimes referred to as Decoupling. (The UN defines Absolute Decoupling as “a situation in which resource productivity grows faster than economic activity (GDP) and resource use is absolutely declining.”)

Artwork for episode 130 with Heather Davies

130 Heather Davies: the Re-Action Collective

by Catherine Weetman
19th May 202417th May 2024

It’s now 5 years since I started the podcast, and to celebrate, I’m doing a 5th anniversary mini-series. I’ve invited several guests from the Re-Action Collective, a group of circular economy pioneers in the outdoor sports sector. Over the next few episodes, we’ll be hearing from them and exploring 3 different types of circularity – sharing, repairing and repurposing.
The Re-Action Collective was formed in 2022, by Gavin Fernie-Jones and his friend, Heather Davies. We met Gavin back in Episode 72, talking about One Tree at a Time, a circular social enterprise to repurpose outdoor gear and ski-wear and to share value with the community and nature.
In this episode, we’ll meet Gavin’s co-founder, Heather Davies, a freelance sustainability-focused content creator and communications trainer. Heather is motivated by a love of nature and the outdoors, and she works with a range of organisations, helping them communicate their sustainability stories and strategies, without greenwashing. She also offers training, including carbon literacy courses.
The Re-Action Collective is all about Making the outdoors more affordable and accessible, and over the next few episodes, we’ll meet some of the member organisations, with business models based on sharing, repairing and repurposing.
Heather and Gavin formed Re-Action to challenge product marketing that tells us we need shiny new, highly technical kit to access the outdoors. They say “We live in the outdoors and we know this isn’t true. We also know a lack of access to basic outdoor kit and absence of community are barriers to people getting outside and active for the benefit of their physical and mental health.”
The Re-Action Collective wants to amplify the voice and impact of circular economy pioneers in the outdoor sports sector, for example running, cycling, climbing, surfing, sailing and snow sports. Member organisations rescue products and revive them through repair, rebranding and repurposing. They then redistribute items through resale, rental and donation and reallocate profits to regenerate the outdoors.
Re-Action is focused on community-first solutions and wants to empower citizens to be more mindful about how they buy, maintain and dispose of their outdoor clothing and equipment.
We’ll hear how the collective works in practice, and how they’ve developed ways to avoid the pitfalls of shared interest groups that end up being hard to engage with, because they generate too much information and conversation.

114 Daniel Kietzer: making resources discoverable & reusable

by Catherine Weetman
1st October 202328th September 2023

Daniel Kietzer is Director of Ecosystem Growth at Rheaply, a digital sharing platform scaling reuse by making resources discoverable, easily transferable and more valuable.
Rheaply was started in 2016, and has won lots of awards, including Most Innovative Reuse Company at the Reusies in 2021. It’s backed by a number of early-stage investors, including Microsoft and Salesforce.
Daniel Kietzer provides strategic, organizational, and technical support to Rheaply clients and their partners. He’s a circular economy and sustainability professional with 10+ years of experience designing and leading impact-focused projects with forward-thinking companies and organizations across the globe. Daniel’s speciality is reuse and recycling market development is his specialty, but he also dabbles in social entrepreneurship, sustainability in the built environment, water, carbon, and a variety of other sustainability-related efforts.
We’ll get an update on how Rheaply has evolved since my original conversation with Tom Fecarotta back in 2020, in particular how data aggregation unlocks opportunities for cost and carbon savings, as well as supporting your zero waste targets. So many organisations could be tapping into these solutions to help them do better, with less.

Circular Economy Podcast - Gene Homicki - getting more from less with MyTurn

105 Gene Homicki – getting more from less with MyTurn

by Catherine Weetman
28th May 202326th May 2023

We’re going to hear about some amazing software that helps with the 2nd of the 3 key circular strategies I advise people to use… getting more, from less. Finding ways to get more use out of under-utitlized objects can have big benefits, especially by reducing costs.
When we think about it, there are probably lots of things – both tools and toys – that we don’t use all day, every day. Sometimes we only use these things once or twice a year! But often, we want to be sure we can have access to that equipment, or that product, whenever we want. Those needs might be planned, say for camping equipment, or unplanned – like repair tools.
Today, we’ll hear from Gene Homicki, founder and CEO at MyTurn, a B2B platform that transforms idle equipment into value. MyTurn helps organizations to optimize asset usage, reduce waste, and generate revenue by making it easy to offer rental, lending, and product subscription services.
Gene is a serial entrepreneur and technology strategist who is dedicated to advancing the circular economy and sustainable systems. Over his career, he’s led teams delivering cutting-edge solutions for organizations like SEGA, ABC News, The Economist, and the National Science Foundation.
Gene co-founded the West Seattle Tool Library which has helped provide affordable access to thousands of people in the community. After seeing how much stuff people had in closets, garages and storage (while others had too little) and knowing that businesses, universities and governments had even more assets sitting idle, Gene founded myTurn.
MyTurn’s customers include businesses, communities, universities, and public sector organizations, and it is a for-profit public benefit corporation.
MyTurn’s platform has a wide range of features, from admin dashboards to online marketplaces, helping organizations of all shapes and sizes to identify and rent underutilized tools, equipment and other resources – either within the organisation, or by collaborating with others.
MyTurn’s customers are seeing big benefits from this circular solution, often increasing product reuse by 10 to 100 times compared to traditional ownership.