RAZER EMPOWERS CONSUMERS AND BUSINESSES THROUGH RESTORIFY, ITS TRACEABLE CARBON NEUTRAL CHECKOUT
Razer has introduced Restorify, an e-commerce service rolled out by the company’s financial technology arm, Razer Fintech. Restorify is unique in that it offers solutions for both consumers and businesses, as well as a traceable carbon neutral checkout.
We’re very cognizant of the challenges that face the carbon market today. From low quality carbon credits based on the future promise of a theoretical offset, to companies which exclusively offsetting and passing on the cost to consumers without any transparency.
Those who know us know that at Razer, we don’t just accept the status quo, we innovate to find solutions to push the boundaries of what’s possible. So, through Restorify we are offering free solutions that will support a viable carbon market, while empowering and educating consumers and businesses to be a part of the solution.
Restorify for consumers:
Before Restorify, carbon offsets were not as accessible to consumers because carbon credits are typically denominated in metric tons, each of which is not readily divisible. So, while you may have been able to offset your plane ticket, you may not have been able to offset the screen through which you’re reading this. Thanks to Restorify, now you can. Restorify fractionalizes these carbon credits so they can be made available in smaller denominations, empowering consumers to make offsets a part of their daily lives.
While the concept of a carbon neutral checkout isn’t new, the concept of one that deals exclusively with traceable credits is. Restorify is powered by ESGpedia’s inventory management system which helps to track the line item transactions from merchants to consumers, and records key attributes of the carbon credit projects such as country, project type, quantity, etc. These individual fractionalized transactions are digitally recorded onto the ESGpedia registry where consumers can track their carbon offset efforts.
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At Razer we go above and beyond to empower our community so they can practice responsible consumerism, while arming them with the tools to make a difference.?
Restorify for Businesses:
We are proud to promote this level of transparency, which is otherwise lacking in today’s consumer carbon offset market, but certainly don’t want to be the only company that is doing so. To support a viable carbon market we have to work together, which is why Restorify’s carbon neutral checkout is available for other businesses to integrate at no cost. At the end of the day, it’s about empowering consumers to make sustainable decisions and we want to facilitate that as much as possible.
For people to practice responsible consumerism they must have access to the right kind information. Unfortunately, not many businesses have the tools or the means to calculate their carbon footprint, or they make their own claims without getting them validated by a third-party organization. Therefore, Restorify also applies businesses a mass product emissions calculator to help them estimate their carbon footprint using available emission factors or life cycle assessment tools.?
Finally, Restorify also encourages and provide businesses with a pathway to validate the environmental impact of their products through the ECOLOGO Certification, Environmental Product Declaration Certification, or Product Carbon Footprint Verification using Razer’s ecolabel partner, global safety science leader, UL.
Here’s our promise to you: we will always prioritize emission reduction and recycling and we’ll only use carbon offsets as a last resort. In return we ask you to join us in our fight against climate change because there’s only so much, we can do alone, but together, we’re invincible.
Learn more here: https://rzr.to/restorify
MPharm | PhD student
2 年Really appreciate the ‘save the world’ politics. Keep doing that - in the world of AIa sometimes we just forget why we are alive. Respect!
Expert en nouvelles technologies (Internet, téléphonie fixe et mobile)
2 年Super nouvelle ! Ravi de voir que Razer prend les initiatives pour créer un meilleur monde pour demain ! Créons ensemble de nouveaux imaginaires, de nouvelles fa?on de penser, de voir et de vivre le monde !
Business Development -South East Asia - Quest Personal Care Global | Founder - The Greypreneur Movement | AI advocate & Trainer | Consultant | Advisor & Mentor to SUSS Silver / Impact & DiVE Venture Builder Program
2 年Great news. Looking forward to working with Kenneth Ng more on this for Bambooloo...