March 22: Today, our dream of empowering anyone with a smartphone or browser to measure the environmental impacts of their sales and purchases became a reality. Announcing the immediate availability of Queen of Raw’s Impact Footprint Reporting Tool, built from the ground up with the support of MIT Solve's groundbreaking philanthropic venture arm, Solve Innovation Future.
Individuals and companies can see their waste footprint and how that compares across a range. A proprietary algorithm and scoring methodology calculates the water, chemicals, carbon emissions, and waste saved, presented on a slick interface powered by our flagship enterprise software, Materia MX. Now, participating in the upcycling of the $288B worth of excess raw materials and finished goods, and averting unnecessary manufacturing of new materials, is as easy as a click or a swipe. The first no-code mobile-first e-commerce impact measuring tool works together with Queen of Raw’s blockchain tool, Raw Chain, to provide authenticity and integrity to its data.
Materia MX, the award-winning proprietary excess inventory management software that powers Queen of Raw, was released more than a year ago in response to growing supply chain inefficiencies and excess inventory that were escalated amidst the pandemic.
“We’re thrilled to accelerate the pace at which buyers and sellers of materials participate in the circular economy. By making sustainability metrics quick and easy to access, enterprises meet consumer demands for greater transparency and consumers make informed choices, track their sustainability progress, and get rewarded for supporting the planet.”
-Phil Derasmo, CTO & Co-Founder, Queen of Raw
"Working with the Queen of Raw team on the Impact Footprint Reporting Tool is exciting because it allows everyone to easily and effectively participate in the circular economy."
-Casey van der Stricht, Principal, Solve Innovation Future, MIT Solve's groundbreaking philanthropic venture arm.
