We will scale up so that we will be able to liquidate 2 million units a month within 2 years.
FAQs
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- We have started operations in the US and Europe, six months ahead of schedule, after securing $40million of stock for resale. This followed the build of our proprietary cloud tech stack and stock triage software.
- We have built a proprietary technology solution that allows us to economically triage and grade the stock on a global level. We can also harvest all the necessary product detail.
- The reverse supply chain market grew considerably during the COVID pandemic and is growing at around 35% annually. Many retailers are sending around a third of all overstocks and returns to landfill as it becomes uneconomical to put back into the market. Retail value is also leaked by low value liquidators who re-sell through fire sales with resulting damage to brand equity.
- Several high-profile investors are already on board, including the Silicon Valley based Tenacity Venture Capital, led by Ben Narasin. Also we have been backed by Plug and Play, the global accelerator based in Silicon Valley.
- The US retail returns and overstocks market has grown to $762bn after the explosion of e-commerce during COVID. Globally the market is estimated to be more than $2 trillion due to the pain points in the reverse supply chain.
- We are just closing our latest investment round, which has raised considerable interest. Our pre-Seed investment round was oversubscribed by 105%.
- We have developed a framework to quantify the landfill area reclaimed and carbon emissions avoided during stock acquisition. We have calculated that so far we have avoided 1.19 tonnes CO2e and 380 metres cubed of landfill volume.
- At stocs, we prolong the lifecycle of goods by taking liquidated stock, much of which would go directly to landfill.
- The US EPA has estimated that roughly 42% of all greenhouse emissions are caused by the production and use of goods.
- Zero waste is the conservation of all resources by means of responsible production, consumption, reuse and recovery of products and materials without burning and with no discharges to land, water or air that threaten the environment or human health.
- We acquire unsold stock, much of which would have gone to landfill. This is not just damaging to the brand of the retail enterprise but is also damaging the planet by wasting resources. Landfills can also become super-emitters of carbon, which leads to global warming. Planet-conscious consumers can also buy goods at big discounts in the secondary market.
- We are seeking to be the first private sector company to partner with Terraformation, which provides global native forest restoration. We are investing in a seed bank to cultivate productive seeds at our strategic locations. stocs was also the only start-up to engage in the International Financial Regulations Standards Consultation to help establish sustainability standards.
- We are working with One Tree Planted, a tree-planting non-profit enterprise from the US. We also engaged with Glasgow Chamber of Commerce at COP26, the Netherland Foreign Investment Agency, Terraformation and the International Financial Reporting Standards (IFRS).
- From the 17 UN Sustainable Development Goals, we selected four where we will have significant impact: Responsible consumption and production; Decent work and economic growth; climate action; life on land.
- We offset 33 metric tonnes CO2e in 2021.
- stocs has adopted 25 ESG criteria with 80+ key performance indicators. We use the UN’s 17 Sustainable Development Goals as a foundation with four being selected as ones where we can drive significant and positive direct impact: Responsible consumption and production; Decent work and economic growth; climate action; life on land. We have stocs Sustainability department, working full time on innovating and supporting these objectives, with the Leadership team.
- Environmental, Social and Governance (ESG) criteria are a set of standards for a company’s operations that allow socially conscious consumers and investors to screen a business. The United Nations has adopted 17 Sustainable Development Goals to provide a shared blueprint for peace and prosperity for people and the planet, now and into the future.
- Greenwashing, sometimes called ‘Green Sheen’, is when a company uses marketing and PR to try and deceive the public into thinking that an organisation’s products, aims and policies are environmentally friendly. At stocs, we started with sustainability at the core of our policies and frameworks, which makes it integral to our culture and business practices.
- We are working with One Tree Planted, a tree-planting non-profit enterprise from the US. We planted 165 trees in 2022 to double-down 2021 corporate carbon emissions.
- We have a policy of going beyond carbon neutrality by doubling down on our emissions. So, for every metric tonne CO2e of emissions, we put in place initiatives to remove two metric tonnes. We track all goods in, the utilities of any goods stored and all goods out.
- All of our goods are graded and ‘triaged’ to assess quality so we know which is the best market for each. We also have software to make sure that the right product details are used. All of your consumer rights will be in place just like any purchase.
- We will soon be launching a customer dashboard that will show exactly what difference you have made in terms of savings for yourself and for the planet.
- Yes, we are the first start-up to employ an Environmental, Social and Governance director from the outset. We also have Carbon Offset certificates from non-profit partners to validate many of our initiatives.
- Many of the products that we sell would otherwise end up in landfill so you are supporting the circular economy. In addition, we take a double-down approach to carbon offsetting.
- We grade stock on an individual product basis, taking the ‘buyer beware’ risk out of purchasing, whether buying through buy, bid or bulk stocs. You can buy with confidence, comfort and convenience and get great bargains at significant discount, whilst also helping the planet at the same time.
- Go to our contact us page for details on how to get in touch. We look forward to hearing from you.
- Yes, our proprietary software means that we are able to handle huge volumes of stock on a global level and liquidate cross border.
- We are scaling up the operation over the coming years to take it across the world.
- Operations have already started in the US and Europe and we have plans to take our solution globally.
- We are currently working with a number of major retailers with global footprints.
- We are a one-stop shop for liquidated stock. We take off your hands the large number of returns and stocks that you have and avoid it going to landfill. This increases the amount of money that you get back and also protects your brand from damage.
- We will scale up so that we will be able to liquidate 2 million units a month within 2 years
- We have started operations in the US and Europe, six months ahead of schedule, after securing $40million of stock for resale. This followed the build of our proprietary cloud tech stack and stock triage software.
- We have built a proprietary technology solution that allows us to economically triage and grade the stock on a global level. We can also harvest all the necessary product detail.
- The reverse supply chain market grew considerably during the COVID pandemic and is growing at around 35% annually. Many retailers are sending around a third of all overstocks and returns to landfill as it becomes uneconomical to put back into the market. Retail value is also leaked by low value liquidators who re-sell through fire sales with resulting damage to brand equity.
- Several high-profile investors are already on board, including the Silicon Valley based Tenacity Venture Capital, led by Ben Narasin. Also we have been backed by Plug and Play, the global accelerator based in Silicon Valley.
- We are still in our infancy but have already launched in the US and Europe after securing 1.2 million retail products for resale. This has reduced the volume of landfill by 380 cubic metres.
- A linear economy follows the ‘take-make-dispose’ route, which means raw materials are collected, transformed into products that are used until they are discarded as waste. This model puts increasing pressure on the earth’s finite resources and can adversely affect natural habitats and the environment we share with other living species, threatening their very existence.
- The circular economy is a way of using things smarter, taking better care of them to make them last longer to help protect our planet and it’s natural assets. It involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended and waste is kept to a minimum.
- Our Founder & CTO have previously worked with government departments across Europe. We are open to Government Sustainability enquiries which will help reduce waste, optimize, recover and capture product and/or asset value and sustainability data points.
- We launched in 2021 and raised $2.5m in pre-Seed investment against an original target of $1.5m. We have already launched operations in America and Europe, working with some of the World’s biggest retail brands.
- Along with our sustainability credentials, we have developed proprietary software & technology solutions that optimize and capture recoverable and sustainable value and all data points, including a double down carbon reduction policy and process.
- Sustainability is at the heart of everything that we do and governs how we behave.We dislike waste and its adverse impacts on our World environment. We build recoverable and sustainable value for business and the planet. Looking after and repurposing things to last as long as possible to sustain value is what drives us. Our mission is simple: in everything we do – each and every day - leave it better and more sustainable than we found it and quantify it with data.
- To build the global B2B operating system and marketplace for retailers, 3PLs and buyers to sell, fulfil, source and buy surplus stock efficiently and sustainably, at speed and scale, reducing stock to landfill, optimizing data to match secondary market supply to primary market demand.
- To optimize, innovate and drive the global circular economy.
- We offer an innovative, unique and scalable solution to tackle a global $2.3 trillion problem caused by overstocks and returns, of which one third has previously gone to global landfill.
- We optimize the data and resale of surplus stock globally. We support retailers and brands, protecting brand equity and front lines sales with cross border liquidation of excess stock. Using stocs software and technology, we categorize, condition and grade surplus stock and resell to trade and consumers at a discount. We drive better recoveries, zero waste and achieve carbon negative outcomes.
- We are a tech start-up that operates under the trading name stocs, which is owned by Global Sustainable Markets Holdings Corporation (Delaware). stocs is an acronym for: software & technology optimizing circular sustainability.
- We are still in our infancy but have already launched in the US and Europe after securing 1.2 million retail products for resale. This has reduced the volume of landfill by 380 cubic metres.
- We are still in our infancy but have already launched in the US and Europe after securing 1.2 million retail products for resale. This has reduced the volume of landfill by 380 cubic metres.
- We are still in our infancy but have already launched in the US and Europe after securing 1.2 million retail products for resale. This has reduced the volume of landfill by 380 cubic metres.
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