Fuzhio Health and Business Services Private Limited

In their own words

Know more of our work & impact here Problem/opportunity: 10 Billion plastic hangers are used by the Apparel industry. These hangers exit the supply chain as plastic waste (of the lowest grade, unable to recycle or downcycle), end up in landfills and eventually oceans. Our initiative restores value to used plastics and preserve circularity. Who are we? Noble Plastic, an initiative under Fuzhio, is an eco-social circular economy enterprise. Used hangers of the apparel industry, which are the lowest quality plastic, are thrown away after use. We collect, repurpose them working with marginalized communities and sell them back to companies. 70% of the hangers are reused (cleaned, quality checked) and the balance recycled into new hangers. The impact of the initiative is on People (jobs, incomes), Planet (less plastic use, no dumping, planting trees) and Prosperity (for companies). Since its inception in 2018, we have: - Repurposed, reused and recycled more than 5 million pcs discarded M&S apparel hangers in India - Saved 300 Metric tons of plastic from entering oceans & landfills - Empowered migrant communities of Bommanahalli (Bangalore) and Mohammadpur (Haryana) Our value proposition is its win-win-win solution that improves the triple bottom line- people, planet and profits- within a circular economy framework. Benefits are three-fold: ● Enables companies to significantly reduce their costs, increase profits, improve reputation and contribute to sustainability ● Provides communities with increased employment, social equity and awareness of environmental protection methods, and better health. ● Improves the environment by reducing plastic waste and carbon footprint, while ameliorating waste management Noble Plastics plans to achieve 1000 tons’ reduction in the use of plastics in five years, thereby propelling companies towards their circular economy commitments and zero waste targets. To achieve our goal, we are looking for apparel brand partners, technology partners and franchising partners.

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