Rubicon Wins Circular Economy Award at World Economic Forum Annual Meeting in Davos
Atlanta-based Rubicon wins Ecolab Award for Circular Economy Digital Disruptor
CEO Nate Morris named a finalist for Fortune Award for Circular Economy Leadership
ATLANTA, Jan. 17, 2017 – Rubicon was honored with the Ecolab Award for Circular Economy Digital Disruptor at the Annual Meeting of the World Economic Forum in Davos-Klosters, Switzerland. The prestigious award was presented as part of The Circulars, an awards program by the World Economic Forum’s Community of Young Global Leaders which recognizes individuals and organizations that have made notable contributions to the circular economy.
The third annual Circulars awards ceremony showcased advances from the private sector, public sector and civil society that drive innovation and growth while reducing dependence on scarce natural resources. The Digital Disruptor Award in particular honors an organization or public sector program that is disrupting business as usual by using digital technologies to enable the circular economy.
Rubicon Head of Sustainability David Rachelson received the award on behalf of the company and addressed attendees of the World Economic Forum.
“The circular economy is at the core of the Rubicon business model,” said Rachelson. “By keeping materials out of the landfill, we’re building a more sustainable supply chain, generating revenue for used materials and facilitating sustainable growth for both the private and public sector.”
Nate Morris, Rubicon Founder, Chairman and CEO also was named a finalist for the Fortune Award for Circular Economy Leadership for his individual contributions to the circular economy. Morris was named a Young Global Leader by the World Economic Forum in 2014.
Rubicon was the only company or organization that was named a finalist in two different categories. The company was honored alongside other world renowned leaders in the circular economy, including NIKE, Inc. and Patagonia for their leading work on material efficiency, waste reduction and sustainable innovation.
Rubicon is a cloud-based, full-service waste and recycling company focused on sustainability. The company works with its customers, including many Fortune 500 companies, small and medium businesses, and municipalities, to find new efficiencies and cost-savings in their waste streams and to develop new and innovative ways to reduce, re-use and recycle waste.
Rubicon is using technology and data to disrupt the global waste industry and the traditional model of waste collection which has been focused around the landfill. The company has become the largest third-party vendor in the history of U.S. waste and recycling. Rubicon’s technology team is led by advisor and board member Oscar Salazar, co-founder of Uber, and Chief Technology Officer Phil Rodoni.
Rubicon was founded in Kentucky in 2008. It is headquartered in Atlanta and has offices in Lexington, Ky., New York and San Francisco. In 2016, the company nearly doubled in size to more than 300 employees and was named a Next Billion-Dollar Startup by Forbes and one of the World’s Most Innovative Companies by Fast Company.
Rubicon recently announced a groundbreaking strategic partnership with French-based Suez Environnement to collaborate on technology and sustainability. Suez led Rubicon’s current round of funding, which has raised more than $50 million and brought Rubicon’s post-money valuation to $800 million. In addition to Suez, investors in Rubicon include Marc Benioff, Henry Kravis, Paul Tudor Jones, Auren Hoffman, Barry Sternlicht, Leonardo DiCaprio, Goldman Sachs and Wellington Management.
Rubicon is the worldwide leader in sustainable, cloud-based waste and recycling solutions. Using its proprietary technology-enabled platform, the company provides comprehensive waste stream solutions that enable companies to reduce operating expenses and implement recycling programs. Rubicon’s goal is to create a more sustainable solution for businesses and the planet. Learn more at www.rubiconglobal.com.