Carbon Capture and Removal Solutions Provider Svante Recognized in 2023 Global Cleantech 100Tuesday, January 17, 2023
Burnaby, BC, January 17, 2023--(T-Net)--Vancouver-based carbon capture and removal solutions provider Svante announced today that it has been listed on Cleantech Group's highly anticipated 2023 Global Cleantech 100.
Published annually, The Global Cleantech 100 lists the most innovative and promising companies that are expected to help the world achieve net-zero commitments.
The selection process consists of nominations from the public, Cleantech Group's expert panel, i3 research portal, awards, and Cleantech Group staff, which this year totaled 15,753 companies from over 93 countries.
These companies were weighted and scored to create a shortlist of 330 companies that were reviewed by 81 members of an expert panel. The Global Cleantech 100 Expert Panel is made up of leading investors, corporate and industrial executives who are active in technology and innovation scouting.
The Global Cleantech 100 program has been running since 2009.
This prestigious annual report provides a complete list of companies with the most promising ideas in cleantech. These companies are found to be best positioned to help the world build a more digitized, de-carbonized, and resource-efficient industrial future. Download the Global Cleantech 100 complimentary report.
"This Global Cleantech 100 edition is remarkable for the number of businesses in it who represent solutions for some of the hardest of decarbonization challenges and those who are working on some of the critical materials issues coming our way, real soon," said Richard Youngman, CEO, Cleantech Group. "We salute not only these 100 companies, but all the thousands beyond, who are fighting the good fight."
Claude Letourneau, President & CEO, Svante Inc.
"We are honoured to once again be listed in the Global Cleantech 100, and we're thrilled for the other companies noted in the report", said Claude Letourneau, Svante's President & CEO. "We need to collectively do everything in our power to reach net zero, which includes all the tools in the decarbonization toolbox such as mass scale up of vehicle electrification, renewables, hydrogen, reforestation, and carbon capture, utilization and storage."
The Global Cleantech 100 companies are delivering sustainable solutions in Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment, and Transportation & Logistics sectors.
These featured companies will be recognized at the upcoming Cleantech Forum North America on January 23-25 in Palm Springs, CA. Event Attendees will have the opportunity to connect with several of the companies on the list, along with many other promising businesses.
In addition to being listed on the Cleantech 100 this year, Svante has made some major announcements in recent months, including its closing of US$318 million in its Series E fundraising round, led by Chevron in December 2022.
Further, the company ranked 2nd among privately owned companies in the Corporate Knights Future 50 Fastest-Growing Sustainable Companies in Canada ranking in June 2022. Svante has consistently been named in the Global Cleantech 100 report since 2019.
About Cleantech Group
Cleantech Group provides research, consulting, and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments, and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.
Founded in 2007, Svante offers companies in emission-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality. Svante's Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu.
Burnaby (CleanTech & Energy)
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