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eBay estimates that gross sales of used items on the location earned $4.6 billion in 2022 and prevented sending 73,000 tons of usable merchandise to landfills, which contributed to decreasing carbon emissions by 1.6 million tons. Renee Morin, chief sustainability officer at eBay, returns to the present to debate the findings of the 2022 eBay Recommerce Report, a survey of greater than 11,000 small sellers on {the marketplace}. Forty-two p.c of the folks surveyed mentioned they depend on eBay to earn additional money and 56% mentioned they take part as a result of it’s cheaper whereas 93% reported that they imagine you will need to store in methods which can be higher for the surroundings.
Renee discusses how sellers are altering as new generations develop into maturity, embrace shopping for and promoting used items, and develop habits and earnings methods that contain promoting merchandise as an alternative of sending them to a landfill. eBay companies, reminiscent of its Authenticity Guarantee and Refurbishment program, are important to making a reliable used-goods market. She additionally experiences on eBay’s waste diversion efforts and the way improved perception into its GHG emissions, notably the shipping-related Scope 3 emissions that characterize 99.01% of its carbon impression, will assist the corporate attain its 2030 sustainability objectives. You can learn the third eBay Recommerce Report at ebayinc.com/impact/sustainable-commerce/recommerce-report.
This podcast initially aired on April 3, 2023.
