SAN FRANCISCO — Tradeshift, the fastest growing cloud-based platform digitally connecting enterprises with their suppliers, has been named as a finalist in The 2015 Circular Economy Awards’ Digital Disruption category. The Circulars is an annual event recognizing individuals and enterprises from commerce, civil society and academia that have made a notable contribution to driving circular economy principles.
Today, Tradeshift announced the company’s plan to waive the 30% revenue share they receive from organizations that build apps on the platform which help to support the circular economy. Organizations that build apps supporting the circular economy will receive all profit from their app.
The circular economy is an alternative to the traditional linear economy. It decouples growth from scarce resource use allowing economic development within natural resource limits and allowing companies to innovate to enable customers and users to adopt sustainable products and services.