Gemini Corporation NV

Gemini Corporation NV was founded in Belgium in 1989 by Mr. Surendra Patawari. Gemini is one of the world's leading circular economy market makers, engaged in the collection, recycling, segregation, sourcing, and distribution of recyclable plastics, paper, metal, and rubber. The group collects over 400,000 tonnes of recyclable plastics. With a team of 500 people globally, it manages over 2 million tonnes of materials from 47 offices in 36 countries annually. Apart from plastics, Gemini gives a second life to over 4 billion pounds of rubber, metal, and paper, including 50 million tyres, 300,000 cars, and 5 million refrigerators. Gemini is on the Board of Directors of the Alliance to End Plastic Waste (AEPW). The company is a part of the New Plastics Economy at the Ellen MacArthur Foundation and has given global commitments to plastic recycling and PCR supply. It is also a member of the World Economic Forum's - Global Plastic Action Partnership (GPAP). The Chairman, Mr. Surendra Patawari, is on the Advisory Board of the World Economic Forum. He is also the Chair of the Plastics Taskforce at the Sustainable Markets Initiative (SMI) led by HRH Prince Charles. He is in the Top 4 amongst 100 ranking star recyclers as per the July 2021 edition of the Recycling International magazine global ranking for celebrating determined and inspiring entrepreneurs. He was awarded the 'Lifetime IERC Honorary Award 2020' in Salzburg, Austria, for his outstanding contributions to the recycling industry and environmental protection. Gemini has contributed to the European Commission on policymaking related to the European & Indian recycling industry. As a recent achievement, Gemini was featured amongst the top 50 global companies of the Fortune 'Change the World List 2021'. It also won the New Champions Community Awards' "Winner of Excellence in Sustainability 2020" by the World Economic Forum. Its USA affiliate company was awarded the President's "E" award for exporting recycled material in 2019. Gemini is now uplifting the lives of waste-pickers (or 'reclaimers') through its Indian subsidiary, Gemcorp Recycling & Technologies. It is a scalable and self-sustainable model that has scaled up to an annual recycling and end-to-end traceability of 25,000 tonnes of plastics, paper, and metal each, underscoring a perfect partnership between People, Plastic, Planet, and ultimately Profits. As a part of its sharing initiatives, Gemini has so far impacted the lives of 20,000 villagers under its village clean-up project. It is now extending this initiative to more Indian villages to uplift 50,000 lives.

We want to double our recycling target to 400,000 tonnes by 2025 of which we commit to supply 100,000 tonnes of recycled plastics for packaging application by 2025. We intend to create infrastructure for the collection, sorting, and recycling of more than 50,000 tonnes of plastics by 2025, through our subsidiary Gemcorp Recycling and Technologies Private Limited.

We are working towards improving and expanding our infrastructure to bring more people from the unorganized sector into the mainstream. We are actively working towards replicating the collection model in multiple locations across the globe. We will seek to sensitize more companies about the circular economy and increasing the adaptation of the circular paradigm. The idea is that #circulareconomy is the only way forward towards a sustainable future and can help reduce and address climate change.

Surendra Patawari

Chairman, Gemini Corporation NV

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We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

Double our plastics recycling target to 400,000 tonnes by 2025. Also, create infrastructure for circular economy and enable recycling of more than 50,000 tonnes of plastics by 2025, through our subsidiary Gemcorp Recycling and Technologies Pvt. Ltd.

Activities & Initiatives

Double our plastics recycling target to 400,000 tonnes by 2025 of which we commit to supply 100,000 tonnes of recycled plastics for packaging application by 2025.

Creating Extended Producer Responsibility (EPR) and traceability infrastructure and facilitate the establishment of a circular economy by creating a digital marketpalce by developing a mobile-based and web-based application(s) to connect everyone through a single platform and provide end-to-end traceability of waste.

Creating infrastructure for circular economy - collection, sorting, baling, grinding, processing, and recycling of more than 50,000 tonnes of plastics by 2025 and converting machinery through our subsidiary Gemcorp Recycling and Technologies Private Limited.

Measures & Targets

Double our plastics recycling target to 400,000 tonnes by 2025 of which we commit to supply 100,000 tonnes of recycled plastics for packaging application by 2025.

Creating infrastructure for circular economy – collection, sorting, baling, grinding, processing, and recycling of more than 50,000 tonnes of plastics by 2025 and converting machinery through our subsidiary Gemcorp Recycling and Technologies Private Limited.

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