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1 million tonnes of CO2 not emitted into the atmosphere thanks to Back Market
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1 million tonnes of CO2 not emitted into the atmosphere thanks to Back Market

Published on
31/8/2023
Amended on
26/4/2024
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Back Market has avoided releasing 1 million tonnes of CO2 into the atmosphere thanks to its appliance recycling. The French unicorn stresses that this figure excludes games consoles, based on the ADEME study. With 480 employees, Back Market has been operating in 13 countries since its creation in 2014.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

1 million! That's how many tons of carbon emissions (CO2) have been saved from entering the atmosphere thanks to Back Market and its technology for recycling and reconditioning technological devices.

As the French unicorn, featured in Vintage Altaroc Odyssey 2021, points out, this number was calculated based solely on the device categories included in the ADEME study, i.e. smartphones, laptops, desktops and tablets, but does not take into account game consoles.

In 2022, smartphone manufacturing generated over 223 billion tonnes of CO2 emissions worldwide.

Founded in 2014, Back Market has 480 employees, spread between Paris, Bordeaux, New York and Berlin. The company is present in thirteen countries, including France,Germany, the United States, the United Kingdom and Japan.

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Company
Back Market
Back Market is Europe's leading online retailer of refurbished electronic products. The French unicorn works with professional sellers, offers a simple and ecological shopping experience that comes with a 12-month warranty.
Europe
B2C
General Atlantic
#
Odyssey 2021
#Unicorn
Black rectangles back market logo
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This website, as well as all the information presented herein, is governed by French regulations. Certain jurisdictions prohibit or restrict access to this site. Therefore, please ensure that you are legally authorized to access it from the country where the connection is established.

This site presents information about the Funds managed or marketed by Altaroc Partners S.A. Such information does not constitute an offer, solicitation, investment advice, or recommendation to buy or sell financial products.

The Funds presented on our website cannot be subscribed to in any jurisdiction where their marketing has not been previously authorized.

Investors are reminded that past performance is not indicative of future performance and is not consistent over time. Our Funds do not offer any guarantee of return or performance and involve a risk of capital loss.

Past performance should not be the central factor in your investment decision. If you are interested in any of the Funds presented on this website, we advise you to ensure beforehand that you are legally permitted to subscribe to them.

This website allows you to view information only about Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to a jurisdiction where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

This website is an informational site aimed at presenting the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. No information or opinion expressed on this website constitutes a solicitation, offer, or recommendation to buy, sell, or transfer an investment, engage in any other transaction, or provide investment advice or services.

Before making any investment in a Fund, which by nature carries a risk of capital loss, we invite you to consult an investment advisor and review the Key Information Document (KID), the prospectus, and any additional information available on this website. A paper version may be requested from any authorized distributor or from the Management Company. These documents will be provided free of charge at any time upon simple request.

Please note that the information and documents available do not take into account your personal investment objectives, strategy, tax status, risk appetite, or investment horizon. Consult your personal advisor for investment advice.

Altaroc Partners S.A. reserves the right to modify the content at its discretion and without prior notice.

Investors are reminded that past performance is not indicative of future performance and is not consistent over time. Our Funds do not offer any guarantee of return or performance and involve a risk of capital loss. Past performance should not be the central factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or for "U.S. Persons" as defined in "Regulation S" under the U.S. Securities Act of 1933. None of the Funds presented herein may be offered or sold directly or indirectly in the United States of America to residents and citizens of the United States of America or to "U.S. Persons."

By choosing to access our website, you acknowledge that you have read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

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This site and all the information it contains are governed by French law. Certain laws prohibit or restrict access to this site. Please ensure that you are legally authorized to access this site in the country from which you are connecting.

This site presents information about funds managed or marketed by Altaroc Partners S.A. It does not constitute an offer, solicitation or investment advice, nor a recommendation to buy or sell financial products.

The Funds presented on our website may not be subscribed to in any country in which they have not been previously authorized for sale.

Investors are reminded that past performance is not a guide to future performance and is not constant over time. Our funds offer no guarantee of return or performance, and carry a risk of capital loss.

Past performance should not be the focus of your investment decision.

If you are interested in one of the Funds presented on this site, we advise you to make sure that you are legally authorized to subscribe to it.

This site enables you to consult only information relating to Funds which are the subject of a public offering in the selected country. This website is not directed at any person in any jurisdiction where publication of, or access to, the website is prohibited by reason of that person's nationality or residence. Persons accessing the website are aware that they alone are responsible for compliance with the laws and regulations applicable in their country of residence and/or nationality.

The purpose of this website is to present the portfolio management activities ofAltaroc Partners S.A. and the main features of its funds and services. No information or opinion expressed on the website constitutes a solicitation, offer or recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service.

Before investing in a Fund, which by its very nature carries a risk of losing the capital invested, we invite you to consult an investment advisor and to read the Key Information Document (KID) and the prospectus, as well as any other additional information, which are available on this website. A paper version may be requested from any authorized distributor or from the Management Company. These documents will be provided free of charge at any time on request.

Please note that the information and documents available do not take into account your personal investment objectives, strategy, tax status, risk appetite or investment horizon. Consult your personal advisor for investment advice.

Altaroc Partners S.A. reserves the right to modify the content at its own discretion and without prior notice.

Investors are reminded that past performance is not a guide to future performance and is not constant over time. Our funds offer no guarantee of return or performance, and carry a risk of capital loss. Past performance should not be the main factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or "U.S. Persons" as that term is defined in Regulation S of the U.S. Securities Act of 1933. No Fund presented here may be offered or sold directly or indirectly in the United States of America to residents or citizens of the United States of America or to "U.S. Persons".

By choosing to access our site, you acknowledge that you have read and accepted these Terms and you confirm that you are accessing this website in accordance with the laws and regulations of the jurisdiction or country in which you reside.

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This website, along with all the information presented herein, is governed by French regulations. Certain jurisdictions prohibit or restrict access to this website. Therefore, we kindly ask you to ensure that you are legally authorized to access it from the country where the connection is established.

This website provides information about the Funds managed or marketed by Altaroc Partners S.A. Such information does not constitute an offer, solicitation, investment advice, or a recommendation to buy or sell financial products.

The Funds presented on our website cannot be subscribed to in any jurisdiction where their marketing has not been previously authorized.

Investors are reminded that past performance is not indicative of future performance and is not consistent over time. Our Funds do not offer any guarantee of return or performance and involve a risk of capital loss.

Past performance should not be the central factor in your investment decision. If you are interested in any of the Funds presented on this website, we advise you to first ensure that you are legally permitted to subscribe to them.

This website allows you to access information only about Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to jurisdictions where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

Before making any investment in a Fund, which by nature carries a risk of capital loss, we invite you to consult an investment advisor and review the Key Information Document (KID), the prospectus, and any additional information, which are available on this website. A paper version can be requested from any authorized distributor or from the Swiss Representative: 3Altasuisse SA - Rue François-Versonnex 7, 1204 Geneva (Switzerland). These documents will be provided free of charge upon simple request at any time.

The distribution of the Funds mentioned on this website in Switzerland is subject to the jurisdiction of Altaroc Partners S.A., whose registered office is located at 61 Rue des Belles Feuilles, 75016 Paris (France).

This website is an informational site aimed at presenting the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. This website is not transactional.

Altaroc Partners S.A. reserves the right to modify the content at its discretion and without prior notice.

The subscription of shares or units in a Fund may involve risks. The net asset value of the Fund may increase or decrease depending on market fluctuations, and it is possible that investors may not recover the entirety of their invested capital. Furthermore, before any transaction, investors should:

- review the Key Investor Information Document (KIID) and the prospectus of each Fund to understand the exact nature of the selected vehicles, their main characteristics, and the associated risks; and

- ensure that the selected vehicles are suitable for their financial situation, investment objectives, and the risks they are willing to accept.

Investors are reminded that past performance is not indicative of future performance and is not consistent over time. Our investment funds do not offer any guarantee of return or performance and involve a risk of capital loss. Past performance should not be the central factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or for "U.S. Persons" as defined in "Regulation S" under the U.S. Securities Act of 1933. None of the Funds presented herein may be offered or sold directly or indirectly in the United States of America to residents and citizens of the United States of America or to "U.S. Persons."

By choosing to access our website, you certify that you are a qualified investor domiciled in Switzerland and have read, understood, and accepted the legal conditions below. The information contained in the following pages relates only to the Funds managed by Altaroc Partners S.A. that are approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in Switzerland, in accordance with Articles 119 et seq. of the Federal Act of 23 June 2006 on Collective Investment Schemes (CISA). Therefore, the information contained in the following pages is intended for "qualified investors" as defined in Art. 10, para. 3, let. c, d, para. 3bis, and FINMA Circular 13/9 No. 19.

‍

This site and all the information it contains are governed by French law. Certain laws prohibit or restrict access to this site. Please ensure that you are legally authorized to access this site in the country from which you are connecting.

This site presents information about funds managed or marketed by Altaroc Partners S.A. It does not constitute an offer, solicitation or investment advice, nor a recommendation to buy or sell financial products.

The Funds presented on our website may not be subscribed to in any country in which they have not been previously authorized for sale.

Investors are reminded that past performance is not a guide to future performance and is not constant over time. Our funds offer no guarantee of return or performance, and carry a risk of capital loss.

Past performance should not be the focus of your investment decision.

If you are interested in one of the Funds presented on this site, we advise you to make sure that you are legally authorized to subscribe to it.

This site enables you to consult only information relating to Funds which are the subject of a public offering in the selected country. This website is not directed at any person in any jurisdiction where publication of, or access to, the website is prohibited by reason of that person's nationality or residence. Persons accessing the website are aware that they alone are responsible for compliance with the laws and regulations applicable in their country of residence and/or nationality.

Before investing in a Fund, which by its very nature carries a risk of losing the capital invested, we invite you to consult an investment advisor and to read the Key Information Document (KID) and the prospectus, as well as any other additional information, which are available on this website. A paper version can be requested from any authorized distributor or from the Representative in Switzerland: 3Altasuisse SA - Rue François-Versonnex 7 1204 GENÈVE (Switzerland).

These documents are available free of charge at any time on request.

The distribution in Switzerland of the Funds mentioned on this website falls under the jurisdiction of the registered office ofAltaroc Partners S.A., located at 61 rue des Belles Feuilles.

75016 PARIS (France).

The purpose of this site is to present the portfolio management activities ofAltaroc Partners S.A. and the main features of its funds and services. This site is not a transactional site.

Altaroc Partners S.A. reserves the right to modify the content at its own discretion and without prior notice.

Subscribing to units or shares of a Fund may involve risks. The fund's net asset value may rise or fall with market fluctuations, and investors may not recover the full amount of capital invested. Furthermore, prior to any transaction, investors must :

- consult each Fund's Key Investor Information Document and prospectus to find out the exact nature of the vehicles chosen, their main characteristics and the risks involved; and

- ensure that the vehicles chosen are suited to their financial situation, their investment objectives and the risks they are prepared to accept.

Investors are reminded that past performance is not a guide to future performance and is not constant over time. Our mutual funds offer no guarantee of return or performance, and carry a risk of capital loss. They should not be the central element of your investment decision.

This website is not intended for citizens or residents of the United States of America or "U.S. Persons" as that term is defined in Regulation S of the U.S. Securities Act of 1933. No Fund presented here may be offered or sold directly or indirectly in the United States of America to residents or citizens of the United States of America or to "U.S. Persons".

By choosing to access our site, you certify that you are a qualified investor domiciled in Switzerland and that you have read, understood and accepted the legal conditions below. The information contained in the following pages relates solely to the Funds managed by Altaroc Partners S.A., approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in Switzerland, in accordance with Articles 119 et seq. of the Swiss Federal Act of June 23, 2006 on Collective Investment Schemes (CISA). Consequently, the information contained in the following pages is intended for "qualified investors" within the meaning of Art. 10, al. 3, let. c, d, al. 3bis and FINMA Circular 13/9 N° 19.

‍

This website allows you to consult only the information related to the Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to jurisdictions where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

This website is an informational platform designed to present the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. No information or opinion expressed on this website constitutes a solicitation, an offer, or a recommendation to buy, sell, or transfer an investment, to engage in any other transaction, or to provide investment advice or services.

Before investing in a Fund, which by nature involves a risk of loss of the invested capital, we invite you to consult an investment advisor and to review the Key Information Document (KID), the prospectus, and any other supplementary information available on this website. A paper version can be requested from any authorized distributor or directly from the Management Company. These documents will be provided free of charge at any time upon request.

Please note that the information and documents provided do not take into account your personal investment objectives, strategy, tax status, risk appetite, or investment horizon. We recommend consulting your personal advisor for tailored investment advice.

Altaroc Partners S.A. reserves the right to modify the content of this website at its sole discretion and without prior notice.

Investors are reminded that past performance is not indicative of future results and is not constant over time. Our Funds do not offer any guarantee of returns or performance and involve a risk of capital loss. Past performance should not be the primary factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or "U.S. Persons" as defined under "Regulation S" of the United States Securities Act of 1933. None of the Funds presented herein may be offered or sold, directly or indirectly, in the United States of America, to residents or citizens of the United States of America, or to "U.S. Persons."

By choosing to access our website, you acknowledge having read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

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