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The Cleantech Startup ReCircle’s Rahul Nainani was featured in the 2024

Published: October 21, 2024
Author: TEXTILE VALUE CHAIN

The MB100 winners powerfully demonstrate how combining profit, and purpose can tackle complex social and environmental issues

Mumbai, India: This year’s Meaningful Business 100 (MB100), an annual award program that honors leaders who combine profit with purpose, including the clean-tech industry, is led by Rahul Nainani, co-founder and CEO of Circle. Through this collaboration, ReCircle will be able to be converting to a circular waste management system.

Selected from over 850 global nominations representing 81 countries, the winners were chosen by an expert team of 30 judges, including representatives from Google, the United Nations, the Rockefeller Foundation, Arm, Mastercard, and Temasek. The five main categories of equity, impact, innovation, leadership, and scalability were used to evaluate these exceptional social entrepreneurs, impact investors, and corporate sustainability leaders.

“Congratulations to Rahul Nainani whose remarkable work at ReCircle powerfully demonstrates that combining profit with purpose can address today’s most complex social and environmental challenges,” remarked Tom Lytton-Dickie, Founder & CEO, Meaningful Business, in response to the 2024 MB100. Rahul is a welcome addition to the worldwide Meaningful Business community, and we are eager to work with them as they expand their reach and effect over the coming years.

Rahul Nainani, Co-Founder & CEO of ReCircle, expressed reflection on the accomplishment by saying, “We started ReCircle with a singular mission: to accelerate the world’s transition to a circular economy.” We are thrilled that our waste management strategy—which is driven by purpose rather than profit—has been acknowledged in the prestigious 2024 Meaningful Business MB100 list. We are excited to take part in the year-round program and absorb knowledge from the amazing peers inside the network. Through this connection, we will be able to grow our business sustainably, create a transparent and traceable waste value chain, and support programs that can have a positive social and environmental impact in addition to being profitable.

In its sixth year, the winners will take part in an annual program that gives them access to pro-bono services, resources for capacity building, investment opportunities, and a worldwide peer network. Prominent institutions including Hogan Lovells, Babson College, Green Frontier Capital, and Kenya Climate Ventures are among those who support the initiative.

“Congratulations to the outstanding social entrepreneurs, corporate sustainability champions, and impact investors of the MB100 Class of 2024!” said Stasia Mitchell, EY Global Entrepreneurship Leader, who was also one of the MB100 judges. Selected from more than 850 nominations, these leaders are combining profit and purpose to alter communities and industries. Being a judge this year has been an honor, and I’m seeing firsthand how they confidently build the future to bring about significant change on a worldwide level.

Find out more about the 2024 MB100, here: https://meaningful.business/mb100-2024/

About Meaningful Business:

Meaningful Business exists to help purpose-driven leaders succeed. The community consists of social entrepreneurs, CEOs, impact investors, sustainability heads, humanitarian leaders and academics across 140+ countries, cutting across geography, sector, cause and company size. The platform is designed to help these individuals succeed by providing access to knowledge, connections and resources that help them overcome their key challenges. To learn more, visit: https://meaningful.business/.

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