Description/achievement of initiative
Fabric production is one of the world’s worst polluters, and it wastes water at an alarming rate. Yet $120 billion worth of unused fabric sits in warehouses around the world—or ends up burned or buried. Queen of Raw is a global marketplace with AI-powered supply chain tools where fashion brands and retailers can eliminate and monetize textile waste, tracking and analyzing data to keep unused raw materials out of landfills and turn pollution into profit!
Water: One tee shirt takes an average 700 gallons of water to produce and another 700 gallons of water to wash it in its lifetime. The textile industry uses 26.4 trillion gallons of water every year. For each kilogram of fabric, Queen of Raw measures the gallons of water saved by not creating new fabrics and keeping deadstock in circulation.\r\n\r\nChemicals: Dangerous chemicals are used throughout textile production. Fabric preparation, dyeing, and finishing pollute vast amounts of water, increasing the need for costly water treatment. Queen of Raw measures the pounds of chemicals saved by recirculating these textiles as opposed to making new.\r\n\r\nCarbon Emissions: Fashion is responsible for 10% of annual global carbon emissions. Most of the emissions come from fabric production and could be reduced by more sustainable operations. Queen of Raw measure the tons of C02 saved equivalent to what would have been emitted had your fabric been newly produced.\r\n\r\nWaste: Of the total fiber input used for clothing, 87% is incinerated or disposed of in landfills. The World Economic Forum estimated there could be materials saving of over $1 trillion just from material reuse, recycling, and upcycling. Queen of Raw identifies the tons of waste saved from landfills and the dollars saved by fabric bought and sold. \r\n\r\nGo Raw!
Arrangements for Capacity-Building and Technology Transfer
The quicker we match a buyer with a seller, the quicker we can keep this waste out of landfill. We implement artificial intelligence to enhance the matchmaking process in our marketplace. And we verify data records and workflow using blockchain.\r\n\r\nThrough our integrated software, a brand or retailer gets a customized supply chain management system that’s designed to expose excess yardage and waste (water, chemicals, dollars) as they occur in real time. \r\n\r\nThe idea is that the brand can see why its waste is happening -- for example, a mill throwing out material because of a designer making changes too late. \r\n Queen of Raw's data can then help the company become more efficient going forward -- and be rewarded financially for taking action. As soon as the brand gets an alert of surplus fabric, even finished clothes, it can sell the excess immediately on Queen of Raw, without racking up storage fees. Everyone wins.
Coordination mechanisms/governance structure
Queen of Raw’s vision is a world without waste. Our mission is to help businesses minimize waste in their supply chains, supporting their bottom line and the environment, while changing the way businesses think about waste. By 2025, we can save over 4 billion gallons of water (SDG 6), keep over 2 million tons of textiles out of landfills (SDG 12), and improve our customers’ bottom line by 15% (SDG 17). \r\n\r\nWe educate our community through our platform and through our non-for-profit, Wildlife Friendly Enterprise Network (SDG 8). We also engage policymakers and are a drafter and signatory to the New York Circular City Initiative proposing to change the laws and make New York City circular in the coming years (SDG 17). We help businesses offset that legal liability.
Queen of Raw, True Wealth Ventures, MIT Solve, SAP, thredUP, Cartier Women's Initiative, LVMH Innovation Award, Launch.org (NASA, NIKE, US Dept. of State, USAID), The Elevate Prize, Mohammed bin Rashid Initiative for Global Prosperity, New York Circular City Initiative, Wildlife Friendly Enterprise Network, Creator Awards (Ashton Kutcher & Softbank)