August 19, 2019
FORTUNE – By Matthew Heimer and Erika Fry
Fortune’s Change the World list focuses on companies that are addressing social challenges through their core business activities. Most of the companies on that list are relatively large, with $1 billion or more in annual revenue, which helps them both pay for and scale their efforts to do well by doing good.
Our “Ones to Watch” list has a slightly different focus. These smaller companies don’t have enormous reach yet, but they have made technological breakthroughs that may pave the way for much bigger achievements, and greater revenue, down the road. Just as important, each is already having an outsize influence on its communities, its customers, and the planet, and each is worth keeping an eye on.
AQUAFIL, Arco – Trento
Burberry and Prada both recently launched collections featuring Econyl, a recycled nylon that this Italian yarn manufacturer creates from old fishing nets, fabric scraps, and discarded carpets. The company claims that for every ton of the upcycled material it produces, it saves 7 barrels of crude oil and 5.7 tons of carbon emissions.