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Waste from Adidas, Walmart, used as fuel in Cambodia's brick factories

Economic Times

Economic Times · 1y ago

Waste from Adidas, Walmart, used as fuel in Cambodia's brick factories

A report by a Cambodian rights group reveals that waste from 19 international brands, including Adidas and Walmart, is being used as fuel in brick factories in Cambodia. This practice is causing health issues for workers, with some reporting headaches and respiratory problems. Burning garment waste can release toxic substances, including cancer-causing dioxins. Brands like Primark and Lidl have stated that they are investigating the matter. Industrial waste management and environmental compliance are key concerns raised by this report.

Related News

Promethean Energy raises $2 Mn in pre-Series A round

Entrackr

Entrackr · 2m ago

Promethean Energy raises $2 Mn in pre-Series A round

Promethean Energy, a cleantech startup focused on decarbonising industrial heating, has raised $2 million in its pre-Series A round led by Transition VC, with participation from Sangam Venture, Sagana Capital, and Fondation Botnar. The proceeds will be used to expand its product line, build AI-based energy optimisation tools, and grow its presence in India and Southeast Asia. The Mumbai-based brand develops industrial-grade heat pump and waste heat recovery systems to replace fossil-fuel-based heating. Its products integrate thermal storage, smart controls, and energy monitoring. The firm offers solutions suited to Indian industrial conditions and operates under both CAPEX and ESCO models. Promethean's systems are used by companies including Hindustan Unilever, Godrej Industries, and Raymond Textiles. The technology is deployed across sectors such as chemicals, textiles, FMCG, and steel, with over 100,000 tonnes of CO2 savings reported annually. It aims to decarbonise 1,000 factories by 2027 and is preparing for international pilots in Bangladesh, Indonesia, and the Middle East.

Meta rejects recommendation to suspend former Cambodia PM from Facebook

Economic Times

Economic Times · 1y ago

Meta rejects recommendation to suspend former Cambodia PM from Facebook

Meta Platforms, the parent company of Facebook, has rejected a recommendation from its oversight board to suspend the account of Cambodia's former Prime Minister Hun Sen. The oversight board had advised the suspension due to allegations that Hun Sen used his account to threaten opponents. Meta stated that suspending accounts outside its regular enforcement framework would not align with its policies. The board's recommendation was made in June after a video violating rules on violent threats was posted by Hun Sen. Cambodia barred the oversight board from the country, claiming the recommendation was "political."

Greyparrot Raises $12.8M in Funding

Finsmes · 1y ago

Greyparrot Raises $12.8M in Funding

London-based AI waste analytics startup, Greyparrot, has secured $12.8 million in funding from Bollegraaf. The investment will be used to enhance collaboration within the waste value chain, bringing together producers, waste managers, and regulators to achieve more sustainable waste recovery and reuse. Greyparrot offers AI waste analytics solutions that automate sorting facilities and increase transparency throughout the global value chain. Its Analyzer technology has analyzed over 25 billion waste objects in real-time, providing data on material type, financial value, brand, and GHG emissions.

Distribution-as-a-service startup ofScale raises $375K in a pre-Seed round from FirstCheque and others

IndianStartupNews

IndianStartupNews · 1y ago

Distribution-as-a-service startup ofScale raises $375K in a pre-Seed round from FirstCheque and others

Indian distribution-as-a-service startup, ofScale, has secured $375,000 in a pre-seed funding round led by First Cheque, with participation from Matrix Partners India DeVC and Relentless VC. The startup aims to enable brands to establish an affordable brick-and-mortar presence through a technology-led B2B model, addressing challenges like high sales overheads and slow market entry. The funding will be used to enhance product development and expand into other sectors, beyond beauty and personal care.

Quick commerce one-of-a-kind innovation that only India has: FM

Inshorts · 8m ago

Quick commerce one-of-a-kind innovation that only India has: FM

Finance Minister Nirmala Sitharaman said Indian startups, especially in the quick commerce sector, "are one-of-a-kind innovation that only India has". The sector should be used "to brand India as a destination of innovative solutions to modern needs", she stated. However, she acknowledged that quick commerce poses a challenge to brick-and-mortar stores and they need the government's help.

Dharaksha gets Funding of INR 24.8 Cr From Avaana Capital

Inc42 · 11m ago

Dharaksha gets Funding of INR 24.8 Cr From Avaana Capital

Dharaksha Ecosolutions has raised INR 24.8 Cr from Avaana Capital and other investors to expand its production of biodegradable packaging made from agricultural waste. The funding will be used to enhance research and development efforts and increase market presence. The company has already repurposed 7,000 tons of waste. This investment reflects the growing investor interest in India's sustainable packaging market, following recent fundings in ventures like Bambrew and AmplePac.

How Adidas Outran Nike With Its $500 ‘Super Shoe’

Livemint

Livemint · 1y ago

How Adidas Outran Nike With Its $500 ‘Super Shoe’

Adidas has successfully developed a "super shoe" designed to break world records. Weighing only 138 grams, the shoe is incredibly lightweight. At the recent Berlin Marathon, runners wearing the Adizero Adios Pro Evo 1 achieved exceptional times, with Ethiopia's Tigst Assefa breaking the women's world record by over two minutes. This success comes as a boost for Adidas, who terminated their lucrative Yeezy partnership with Kanye West. Nike, Adidas' rival, is also working on prototype shoes for next year's Paris Olympics. The Pro Evo 1 is in high demand among dedicated runners seeking to improve their personal bests.

Sheet metal fabricator Brick and Byte raises Rs 10Cr in debt from MSME lender Red Fort Capital

IndianStartupNews

IndianStartupNews · 2y ago

Sheet metal fabricator Brick and Byte raises Rs 10Cr in debt from MSME lender Red Fort Capital

Brick and Byte, a startup, secures INR 10 crore (about $1.3 million) in debt funding from MSME lender Red Fort Capital. The funding will likely bolster Brick and Byte's operations and expansion plans. This debt infusion reflects the lender's confidence in the startup's potential and signifies the importance of alternative funding sources in supporting the growth of emerging businesses.

WeVOIS raises Rs 36 Cr in Series A round from Negen Capital

Entrackr

Entrackr · 6m ago

WeVOIS raises Rs 36 Cr in Series A round from Negen Capital

Waste management startup WeVOIS has raised Rs 36 crore ($4.2 million) in its Series A round led by Negen Capital and Vyom Wealth (the Polycab family office), with additional participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Founders’ Fund), and other angel investors. The proceeds will be used to scale its operations, expand partnerships, and drive innovation across India. Founded by Abhinav Vashistha, WeVOIS is setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, exemplifying innovation in sustainable waste management. Building on its proprietary technology powered by the Internet of Things (IoT) and Artificial Intelligence (AI)-driven analytics, WeVOIS is optimizing waste collection, enhancing material flows, reducing carbon emissions, and improving recycling efficiency.

GenAI startup Highperformr, two others raise early-stage funding

VCCircle

VCCircle · 1y ago

GenAI startup Highperformr, two others raise early-stage funding

Generative AI startup Highperformr has raised $3.5 million in seed funding round led by Venture Highway. The funding will be used for research and development (R&D) to further develop Highperformr's native AI capabilities and build a distribution network. Fintech startup BimaPay secured $4 million in a pre-Series A funding round led by LC Nueva Investment Partners. The funding will be used to improve technology infrastructure and expand its reach. Waste management startup Duro Green has received an undisclosed investment from BizDateUp Technologies. Duro Green offers advanced waste handling and reuse solutions.

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