PUTTING THE ECONOMY INTO CIRCULARITY
GCN links brands to downstream providers to create a flowing economy and cross promotion opportunities created through circularity.
GCN creates a network for brands to connect with local and global Extended Producer Reponsibility (EPR) providers who resell, repair and sort textile based products - and collect the downstream data brands need for regulatory reporting and trusted storytelling. The CIRCULAR REWARDS NETWORK is to reward brands for using GCN RFID DPPs and connecting their customers with circular initiatives - all to mitigate landfill, pollutions and emissions contributing to the climate crisis - and increase the brands Return on Investment (ROI) for existing products.
FOR BRANDS.
Get rewarded for designing products for circularity and using the Global Circular Network platform. Brands sign up to receive a percentage of sale from downstream value chain partners - network with Extended Producer Reponsibility (EPR) providers who use your GCN RFID DPPs and connected RFID Readers who access the upstream traceable data and nominate to send you - the brand - some money back following the sale or repair of your item as a thank you reward.
in return brands reward their network partners coordinated by GCN
FOR DOWNSTREAM EPR - resellers, repair and redesigners
By scanning the brand's GCN RFID DPPs the EPR network are rewarded with free access to the upstream data to use for promotion plus update the circular data that brands need for metrics and reporting. EPR providers can elect to sign up for the Circular Rewards program and in-return the EPR provider 'pays' the Brands a small reward once they resell or repair a product.
REWARD THE EPR NETWORK - TRANSPORT EXPENSES
Through GCN, brands reward their EPR brand partners by contributing to the cost of transporting the 'waste' resources to their next destination. Transporting 'waste' is an unavoidable cost imposed upon the EPR network - whether its irrepearable, expired or scraps, transporting the 'waste' to recyclers is a cost. Through the Circular Rewards network, GCN works with brands to reward EPR provide and contribute to the cost of transporting resources at the end of their life to the next-stage sorters for recycling.
Rates are negotiated with each party.
REWARD THE SORTERS
By scanning the brand's GCN RFID DPPs the sorters add data giving an essential, verifiable account of the product's circular journey; assessing and sending to downstream providers - for resell, rent, repair, reuse, redesign or to close the DPP for end-of-life solutions including remanufacturing into new products (furniture, insulation, etc) or fibre to fibre recycling. Through the Circular Rewards network, GCN rewards with a contribution to the cost of sorting products.
Rates are negotiated with each party.