The company, founded in 2013, is based in Chile and produces sustainable products made from discarded fishing nets.
Bureo’s business model is based on the collection, recycling, and repurposing of fishing nets that are otherwise destined for landfills or the ocean. The company works with fishing communities in Chile to collect and transport the nets to their recycling facility.
At the facility, the nets are cleaned, sorted, and processed into a durable material called NetPlus. This material is used to make a variety of products, including skateboards, sunglasses, and other accessories. Bureo’s products are not only environmentally friendly, but they also support local communities by creating jobs and promoting sustainable fishing practices.
In addition to their sustainable products, Bureo also has a strong commitment to transparency and social responsibility. The company works with third-party organizations to ensure that their products are sustainably and ethically produced, and they donate a portion of their profits to organizations that support marine conservation.
Bureo’s innovative business model demonstrates that sustainability can be both environmentally and economically beneficial. By repurposing discarded fishing nets, the company is able to create high-quality products while also reducing waste and promoting sustainable practices in the fishing industry.
Our society has the plastic tap turned on, pouring 18 billion pounds of plastic into our oceans each year. Recent studies estimate there to be 5 trillion pieces of plastic afloat in our seas.
We work together with fisheries and local communities to provide an incentivized program to collect, clean, sort and recycle fishing nets into our NetPlus™ material, creating positive solutions for end-of-use fishing nets, employment opportunities for local workers, and funding for community programs.
In conclusion, sustainability is an important concept that is increasingly being incorporated into business practices and marketing strategies. As consumers become more environmentally conscious, businesses that prioritize sustainability have the potential to attract a growing customer base and build a positive reputation.
Bureo is a great example of a company that has successfully integrated sustainability into its business model. By repurposing discarded fishing nets into durable materials, Bureo creates high-quality products while also promoting sustainable practices and supporting local communities. The company’s commitment to transparency and social responsibility further strengthens its sustainability credentials.
Ultimately, sustainability and responsible business practices are becoming essential in today’s world. Companies that prioritize sustainability not only contribute to a more sustainable future but also have the potential to build stronger, more resilient, and more profitable businesses in the long run.