INSEE Ecocycle has partnered with e-commerce giant Daraz to provide sustainable waste management solutions as part of their shared commitment to strengthen Sri Lanka’s circular economy.
Under the groundbreaking partnership, INSEE Ecocycle is providing innovative, sustainable resource recovery solutions tailored to Daraz's specific needs. The focus is on managing the waste generated at Daraz's warehouse, predominantly comprising expired or damaged Fast-Moving Consumer Goods (FMCG).
“This is a very proud moment for all of us at INSEE Ecocycle. It is our first partnership with Daraz and the first time we are collaborating with an e-commerce company,” says Sujith Gunawardhana. “Our cutting-edge Resource Recovery Centre is the central hub for this project, where we will segregate and pre-process waste. In projects like this, we pay special attention to brand security and compliance with regulations and standards.”
The Resource Recovery Centre helps companies embrace sustainable practices that prioritize waste prevention, reduction, and resource recovery.
“"By championing eco-conscious practices and integrating innovative recycling initiatives into our operations, we're not only advancing our sustainability goals and operational excellence but also actively contributing to a greener future for all. This partnership, in particular, stands as a testament to our commitment, propelling us forward in our mission to create a more environmentally responsible and socially conscious online marketplace,” says Bart van Dijk, Managing Director, Daraz Sri Lanka.
INSEE Ecocycle is the waste management arm of INSEE Cement, also known as Siam City Cement (Lanka) Limited, the leading and only fully integrated cement manufacturer in Sri Lanka. INSEE’s sustainable waste management solutions offered by INSEE Ecocycle play a significant role in strengthening Sri Lanka’s circular economy landscape, which stands as a powerful conduit towards achieving the Sustainable Development Goals (SDGs).
By embracing circular practices, Sri Lanka can effectively address multiple SDGs simultaneously - from promoting responsible consumption and production to fostering innovation and industry growth. Moreover, circular initiatives can directly impact goals such as climate action and clean water & sanitation by reducing pollution and conserving resources.