Innovation & Trends
Announcing the 2022 PDS Innovation Award Winner
The PDS Innovation Awards is a collaboration between Common Objective and PDS Limited, a design-led sourcing and manufacturing platform for some of the world's leading global brands which is committed to enabling a sustainable future for fashion.
Find out more about the next awards round which is now open
The winner
The winner of the 2022 award, Reverse Resources, is a ground-breaking tracking and trading platform for textile waste. They are primed to achieve impact at scale through their innovative and cost-effective solution for brands, manufacturers and recyclers.
The SaaS platform connects retail industry stakeholders to enable access to high-quality waste and transparent material flows for scaling up textile-to-textile recycling. As the winner, Reverse Resources will receive investment or other support from PDS Venture Tech, and all four finalists have been awarded full access to Common Objective’s suite of training, tools and 300 resources.
PDS Innovation Awards 2022
Common Objective members had the opportunity to apply to pitch in front of PDS investors, who have already invested in a raft of businesses including Good on You, Unspun and Materra. After several rounds of judging 30 businesses were selected as 'ones to watch' before the final four were shortlisted.
The four finalists, Reverse Resources, Better Packaging, Made2flow and Kintra Fibers, pitched to the PDS Limited x Common Objective panel.
See Reverse Resources and all finalists below, check out their profiles and connect with them on Common Objective.
The next round of awards
Find out how to apply for the PDS Innovation Awards 2023 which are now open.
The PDS Innovation Award 2022 Winner
Reverse Resources takes a comprehensive approach to reducing the industry's use of virgin fibres by standardising the processes for textile recyclers and collaborating with a large network of market-leading fashion brands. The SaaS platform connects the stakeholders throughout the supply chain to enable access to high-quality waste and transparent material flows for scaling up textile-to-textile recycling.
Find out more about the next awards round which is now open
Finalists
Better Packaging delivers impact through their customisable packaging by combating pollution, poverty and climate change. Their latest product delivers on 14 of the 17 Sustainable Development Goals and by 2025 Better Packaging aims to remove 2500 tons of pollution per month and employ 9000 people from frontline communities.
Made2flow is a data company that enables fashion brands to measure the environmental impact at SKU level, across tiers 1-4 continuously, leading to a low-carbon industry. Bespoke automation enables personalised impact calculations and highlights impact hotspots with complete data transparency.
Kintra Fibers is a materials science company that has developed a bio-based and compostable polyester which matches the performance and price of traditional synthetics, leading to a low-carbon industry.
