Ouro is a multi-party tracking platform that provides real-time data on plastic waste, enabling brands, collectors, recyclers, and remanufacturers to achieve traceability from collection to remanufacturing. The platform addresses the issue of plastic waste mismanagement by ensuring transparency and accountability in waste streams, facilitating compliance with Extended Producer Responsibility regulations.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations lack real-time visibility into their plastic waste streams, leading to inefficiencies, non-compliance with regulations like Extended Producer Responsibility (EPR), and difficulty in achieving sustainability goals. The lack of granular data across the waste management lifecycle hinders effective decision-making and prevents accurate tracking of plastic from collection to remanufacturing.
Solution
Ouro offers a multi-party tracking platform that provides real-time, cross-custody data on plastic waste, enabling organizations to monitor and manage their waste streams effectively. The platform captures granular data about the type and quantity of waste produced, as well as its location and destination at each stage of the waste management process. By tracking each step, Ouro ensures transparency and accountability, allowing users to identify inefficiencies, optimize recycling rates, and comply with EPR regulations. The platform's filtering tools enable users to analyze waste data from various perspectives, track performance against goals, and evaluate the performance of downstream partners.
Target Audience
Ouro's primary customers include organizations across various industries, such as aerospace, venues, manufacturing, universities, and automotive, that are seeking to improve their waste management practices and comply with sustainability regulations.
Features
- Live, granular data capture on waste generation, composition, and destination.
- Cross-custody tracking to ensure transparency and accountability throughout the waste stream.
- Code scanning for provenance tracking, avoiding the use of lithium battery trackers.
- Powerful filtering tools to analyze waste data by material type, facility, and other parameters.
- Performance tracking against sustainability goals and regulatory requirements.
- Partner connector to facilitate upgrades to waste streams and optimize end-of-life solutions.
- Remanufacture confirmation to verify recycling and remanufacturing processes.
- Identification of inefficiencies and opportunities for streamlining waste management operations.