Second-hand market protects environment, says report
Private ads portal jofogas.hu has released its sustainability report, which shows that even a small second-hand products market such as Hungaryʼs is able to significantly reduce the countryʼs carbon emission footprint. Users of jofogas.hu reduced CO2 emissions equivalent to vehicle traffic in Budapest for 45 days.
According to a press release sent to the Budapest Business Journal, users of jofogas.hu most often exchange clothes and mobile phones. The most sold and bought products are womenʼs clothes, followed by kidsʼ clothes, womenʼs shoes, mobile phones, and menʼs clothing.
Statistics show that last year users of jofogas.hu potentially saved 0.2 million tons of greenhouse gas emissions and 9,756 tons of plastic. This is the equivalent of all traffic standing still in Budapest for two months and the plastic needed to produce 1.4 billion plastic bags, says the report, which shows that the Second Hand Effect actually reduces our carbon footprint and consumption of materials.
The calculations are based on the assumption that each sold used product replaces the production of a new equivalent product. By analyzing products sold on the site, the report calculated the amount of material needed for products and extrapolated data based on recalculation into the equivalent in emissions of greenhouse gases.
Unsurprisingly, the car category saved the largest amount of materials and greenhouse gases by far on jofogas.hu in 2017. This is due to the fact that cars and other vehicles are complex products and producing them demands a lot of energy and materials.
More findings of the report are available here.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.