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2024 KCP Application
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Astu Eco Pvt Ltd
Org Type
Undesignated
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Project Summary / Description:
Imagine, Simone Chandra, a successful professional, a home maker and mother of 2. Her son calls & asks for snacks to entertain a friends‚ stay-over. Simone, happy to oblige, stops at the best cake shop to pick up some perfect stay-over snacks. Suddenly she GUILTILY realizes she is without her reusable carry bag. ‚ Oh! what the heck‚ she says, rolls her eyes and pays an additional 10 cents for the single use bag. This ONE act is replicated millions of time across the world and is part of 5 trillion single use bags used and tossed in 15 minutes, annually. That‚ a whooping 160,000 a second!! What if you can magically swish out a reusable bag when you need it most. AND it TELLS you how YOU changed the climate? Problem I. Consumers feel ‚ helpless‚ at the daunting climate change. Don‚ t know how to contribute positively, not sure if their current practices make significant impact, and if making an impact, HOW MUCH II. 5 trillion plastic bags used globally pa. III. 583.3 billion plastic water bottles tossed pa. Solution: The tech enabled Astu Do Good bag, that TELLS you how YOU changed the climate (positively) & made the Earth smile with live visual sustainable footprint and nudges you to sustainable habits with engaging and positive data IMPACT - 5 years * STOPS 42631 tonnes of plastic waste * SAVES $44 Million single use spends * RECYCLES 2.6 Million PET bottles * BUILDS 10 million unique inspiring stories
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
We train and employ local micro women entrepreneurs in our supply chain Training is provided on Zero waste production We work with rural farmers and microentrepreneurs in procurement of our 100% natural and compostable areca products Our employees at the warehouse are from lower economic backgrounds where we train them with a long term vision of enabling them to be managers and entrepreneurs. One of our important goal posts is to develop the next generation of sustainability champions, and hence we work with colleges and schools in awareness building activities about climate change etc. Our Astu EcoBEAT you tube series, calls for children from across the world to showcase one sustainable habit they have adopted and how others can adopt the same.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications