Rheaply recognized as circular economy leader

Rheaply acknowledged by independent nonprofit — the Sustainable Purchasing Leadership Council — for effective and impactful sustainable purchasing

May 23, 2019 · 3 min read
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The annual SPLC Summit brings together 400 purchasing and sustainability professionals, suppliers, and NGO experts from diverse sectors and regions in order to share, simplify, and spread the best sustainable purchasing practices across the whole economy.

CONTACT: Sarah O’Brien, Director of Programs and Acting CEO, SPLC sarah@sustainablepurchasing.org 802 233 1478 (m)

— On Wednesday, May 22nd, 2019 the Sustainable Purchasing Leadership Council (SPLC) recognized Rheaply at the Council’s annual Summit in Portland with the Leadership Award for Advancing the Circular Economy for significant leadership in executing and supporting sustainable purchasing initiatives.

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A prestigious panel of sustainable purchasing experts evaluated Rheaply’s work in sustainable purchasing for the breadth and quality of its sustainable purchasing strategies and impacts, based on a detailed case study of work in a specific area.

“The winners of these Awards, and the activities they have successfully undertaken, demonstrate the power of sustainable purchasing to advance a socially just, ecologically healthy, and economically prosperous future,” said Sarah O’Brien, Acting CEO of the SPLC. “Together with their peers around the world, the organizations and individuals honored today leverage the power of procurement to encourage, drive and support a constructive transformation that will define the global marketplace of tomorrow.”

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Rheaply CEO and Co-Founder Garry Cooper accepts Circular Economy Leadership Award from SPLC and Hewlett Packard

“Rheaply is on a mission to empower organizations to save money and the environment with our asset exchange technology” said Garry Cooper, CEO of Rheaply. “We are very proud to be recognized by SPLC for the Circular Economy Award. Their leadership in sustainable purchasing practice makes this award very meaningful to our company.”

SPLC presented its Leadership Award for Advancing the Circular Economy to Rheaply for developing a new asset management technology that helps advance the circular economy by allowing users to track and manage assets for resale and internal/external transfer. Read the abstract case study (SPLC members can access the entire case study by logging in).

For more information on Rheaply’s work, visit rheaply.com.

Sustainable purchasing — where organizations use their purchasing power to advance the long term health and vitality of society, economies, and the planet — is gaining momentum around the world, as purchasing organizations recognize the social and environmental impact of their procurement, and suppliers embrace sustainability as a critical element of their value proposition.

Rheaply was among forty organizations honored at the SPLC Leadership Awards ceremony. Winning case studies are published in SPLC’s Case Study Library.

SPLC’s Leadership Awards recognize organizations that have demonstrated leadership consistent with SPLC’s Principles for Leadership in Sustainable Purchasing, by:

  • Understanding the environmental, social, and economic impacts of their purchasing.
  • Taking responsibility for the environmental, social, and economic impacts of their purchasing by committing to an action plan.
  • Delivering on their commitment to improve the environmental, social, and economic impacts of their purchasing.
  • Actively promoting internal and external innovation that advances a positive future.
  • Soliciting and disclosing information that supports a marketplace of innovation.

Founded in 2013, the Sustainable Purchasing Leadership Council convenes buyers, suppliers, and public interest advocates to develop programs that simplify and standardize sustainable purchasing efforts by large organizations. The Council has quickly attracted, from a wide variety of sectors and regions, more than 180 members with over $200 billion in collective purchasing power. In 2015, SPLC released Guidance for Leadership in Sustainable Purchasing v1.0, which has been called the “most comprehensive literature to date” on sustainable purchasing. Hundreds of organizations are now using SPLC’s Guidance, resources, and online community of practice to create strategic sustainable purchasing programs, or enhance existing ones.

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