According to Singapore-based marketplace operator Carousell Group’s first Circular Economy Impact Report, its users avoided 116,577 tonnes of carbon emissions by buying used instead of new goods across four categories — fashion and luxury; electronics; furniture and home living; and hobbies and toys — in 2022.

The report found that almost 56% of purchases on the marketplace displaced the purchase of a new item and that 55% of users said they bought and sold more secondhand items in 2022 than in the previous year.

“Every secondhand exchange on Carousell Group marketplaces is a step towards a greener, more sustainable world,” the company posted on LinkedIn.

“By facilitating secondhand transactions, Carousell holds a central role in advancing the circular economy alongside our users in the greater Southeast Asia region,” commented Gaurav Bhasin, the company’s chief strategy officer.

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