Jared Council of Forbes writes on Rheaply and its mission to reduce the construction sector’s emissions.
- Rheaply is a Chicago-based startup that has created an online marketplace for recycled rebar and salvaged steel to reduce the construction industry’s carbon footprint.
- Developers can use Rheaply’s platform to shop and trade for second hand construction materials, effectively reducing material waste.
- The company has recently raised $20 million to develop its online platform further.
“The construction industry is responsible for an oversized chunk of the carbon emissions that cause climate change. More than a quarter of the total carbon comes from operating buildings — things like heating and cooling — and about 10% of the world’s emissions originate in the process of creating building materials, such as making steel and concrete. Part of Rheaply’s mission is to improve the secondary market for building supplies, thus reducing emissions and doing its part to save the planet.”
Read the full article here.