Mutu xChange is an online platform that makes it easier for large companies to track their assets and rehome surplus resources more effectively. In other words it connects people who have things with people who need them.
Unwanted items are listed on the platform for sale or donation. Others that spend most of their life idle can be rented out. With either option you can promote the item in-house or with the wider Mutu xChange network. You can also request something the same way.
Mutu xChange started with a trial with four large organisations in the energy sector, including Transpower.
Transpower’s General Manager External Affairs, Raewyn Moss, says the trial means it now has the ability to get as much value as possible out of its end of life assets or surplus materials across the business.
“If we can't find a re-use opportunity on another project internally we are able to open these items up to other Energy Distribution Businesses who can. It's exactly the sustainable and circular solution we were looking for – and ensures that the New Zealand consumer gets maximum value from our end of life assets.”
Reuse is an integral part of the circular economy, says Mutu xChange founder and Managing Director Toby Skilton.
“The people we’re working with realise that sharing unused resources and materials between and within organisations presents an enormous business and environmental opportunity that can’t be ignored.”
Mutu xChange is expanding into other sectors including tertiary education, sport, health and local government.
Photo: Mutu xChange founder and Managing Director Toby Skilton