Things are made, used and thrown away – everything becomes waste
Things are made, used, broken down and their materials used to make new things – waste is reduced
Things are made, used, traded and used again, repeatedly – waste is the last resort
For high value retail items the legal guarantees that come with an asset passport mean that when something is sold the buyer can be confident that it is what it claims to be
Items spiral down through the economy, reaching people with tighter and tighter budgets as they go, instead of being chucked in the bin after one use
Manufacturers get a small percentage on each asset passported item as they do this
This incentivizes manufacturers to make good quality products that will survive as long as possible in the spiral economy, continuing to generate revenue throughout their lives for no extra work
It also makes sense for manufacturers to run refurbishment and resale programs to maximize the life and value of their assets in the spiral economy
Things only go to landfill when really broken with no possibility of repair
Goodbye planned obsolescence and giant landfills
Get in touch with a member of the Mattereum team to learn more, discuss our services, or make your high value assets e-commerce ready.
