July 2025 – Page 11

Catching Up With… Christian Fischer

Posted on July 29, 2025 by sHq_LoGiNz

Our biggest contribution is making our products well and responsibly. We make stuff, and therefore we ship stuff. We buy a lot of stuff to do this and so we employ a lot of people, directly or indirectly. Here in Georgia, we add the most value. We have 15 facilities with close to 8,000 employees and create 23,120 indirect jobs. Since 2014 we’ve made $3.398 billion in capital investments [in Georgia, specifically]. We’re also proud to be one of the country’s biggest recruiters of veterans.

Continue reading here.

'We Can't Do It Alone': A Mastercard-supported Loyalty App and a University Incentivizing More Sustainable Consumption

Posted on July 29, 2025 by sHq_LoGiNz

Originally published by Mastercard

By Molly Levine – Director, Global Communications, Mastercard

When it comes to the environmental impact of carbon emissions from everyday consumer purchases, Mastercard — with an acceptance network of more than 150 million merchants, thousands of banking partners and 3.5 billion-plus cards in circulation — is in a unique position to inform and enable people to make more conscious choices.

That’s why the company supported the PlanetPoints pilot project with eco-loyalty app Reewild, part of Mastercard’s Start Path startup engagement program. Its app rewards users for making choices that reduce their carbon footprint. In collaboration with University College London (UCL), Reewild tested a theory that gamifying environmentally conscious choices could lead to a change in behavior.

Inside the PlanetPoints pilot

Designed as an “eco-loyalty system,” PlanetPoints was implemented across the cafes and dining halls on the UCL campus. The technology plugged directly into checkout systems to match itemized transaction data with carbon emissions data and displayed it back through the Reewild app interface. This feature also layered in points, corresponding in value to the most sustainable products, that were redeemable for different offers and rewards. By shopping at participating retailers, students could receive points relative to the carbon footprint of the products they bought, and cash those in for things like bike rentals, food delivery discounts, product vouchers, and even entry into raffles with big prizes like tickets to major sporting events – serving as an incentive to buy the lowest impact options available.

The pilot had a sample of 900 students and ran for six weeks. During this period, there was an 18.8% reduction in emissions from hot meals, and a 16.8% drop in emissions from the average basket of items at checkout. Students reported an intentional shift in behavior to shop at locations where they could receive points for purchases. In tracking student purchasing behavior, those with PlanetPoints made 9.8% more transactions per month, with a 5.5% higher value basket. This insight indicates a win-win opportunity for brands to lower their scope 3 emissions while also driving loyalty and sales, thereby decoupling emissions growth from revenue growth.

“The results of the pilot are exciting,” says Malin Berge, senior vice president and global head of sustainability innovation at Mastercard. “What it shows us is that consumers care, and they make more sustainable choices when that information is there for them.

“Mastercard knows loyalty programs,” she continued. “We run some of the most sophisticated and exciting programs around, but when we put the sustainability lens on top of that, like Reewild is doing with Planet Points, we can use our loyalty expertise to help Start Path companies like Reewild scale that much faster.”

Reewild founder Freddie Lintell says the company is rolling out the model to other sites and exploring how it can serve different customers. “We’re also evolving the system to integrate health alongside environmental metrics,” he said, “creating a more powerful, holistic framework to reward healthier, more sustainable purchasing choices, with tangible benefits that support both individual well-being and public health.”

The action-ambition gap in sustainability

Research shows that 92% of consumers say they want to live a sustainable life, but only 16% are actively changing their behaviours. Mastercard’s Sustainability Innovation Lab works with its network of customers, partners and academia to uncover the drivers and the blockers for tipping the majority into action. The Sustainability Innovation Lab is focused on creating commercially viable concepts that both inspire and reward sustainable consumption amongst consumers while also enabling brands and retailers to get a positive return on investment. The PlanetPoints pilot is the latest development, but it won’t be the last.

“As an academic, I am not as concerned with positive ROI as I am about impact,” said Christopher Marquis, a professor at the University of Cambridge during a roundtable on rewarding sustainable food choices during London Climate Action Week. “There have been decades of studies focused on the financial benefits of embracing sustainability, and despite that there still hasn’t been much growth. Where this pilot has impressed me is that it was focused on rigorously showing how multi-sector partnerships can work, and the role of diverse stakeholders from big corporates like Mastercard, to startups, and also universities.”

Tackling the transition to more sustainable consumption

A lack of purchase options and transparency into product sourcing have impeded people from consuming more consciously. That is changing.

Learn more

Originally published by Mastercard

Follow along Mastercard’s journey to connect and power an inclusive, digital economy that benefits everyone, everywhere.

Charting a Sustainable Future: DP World’s Bronwyn Pountney Leads the Way

Posted on July 29, 2025 by sHq_LoGiNz

Driving Sustainability through Innovative Leadership

In the traditionally male-dominated maritime sector, women like Bronwyn Pountney are redefining leadership and reshaping sustainability on a global scale. Originally from Calgary, Canada – a city historically anchored as an energy production powerhouse but increasingly driven by sustainable innovation – Bronwyn has dedicated her career to aligning business growth with environmental responsibility.

As Environmental Manager for DP World’s Canadian business, Bronwyn is responsible for embedding sustainable practices into all facets of supply chain operations. She draws knowledge from extensive experience leading environmental and regulatory operations across prominent Canadian energy and port organizations. Since joining DP World in 2023, she has become a catalyst for change. As part of her responsibilities, she works on supporting ambitious decarbonization initiatives such as DP World’s hydrogen-fueled rubber-tired gantry (RTG) crane , improving transparency through improved environmental reporting, and integrating sustainable practices into the core of terminal operations.

Based in DP World’s Vancouver office, Bronwyn’s leadership has strengthened DP World’s involvement with the Green Marine program, a rigorous certification that sets environmental performance benchmarks across the maritime industry. Bronwyn’s efforts have directly enabled DP World to secure crucial funding to accelerate green innovations and advance the company’s global sustainability goals.

Bronwyn regularly shares her expertise on the global stage. At the 2025 Alaska Sustainable Energy Conference, she was featured on the panel “Powering Ports through Electrification and Alternative Fuels,” where she highlighted DP World’s practical achievements in electrifying port infrastructure, developing shore power systems, and investing in alternative marine fuels to advance the maritime industry’s net-zero goals. Similarly, at the GLOBE Forum 2024, Bronwyn spoke on “Achieving Success Through Value Chain Collaboration Models,” emphasizing the importance of partnership and collaborative innovation in reducing supply chain emissions and achieving ambitious decarbonization targets.

DP World Empowers Women

Bronwyn’s impact goes beyond environmental stewardship, highlighting DP World’s broader commitment to empowering women within its ranks. Recognizing gender equity and diversity as essential components of sustainability, DP World actively invests in mentorship programs, leadership training, and initiatives that elevate women at all organizational levels.

The company’s actions match its commitments. In 2018, DP World launched #MentorHer, a global mentorship program designed specifically to support female employees’ career development through direct guidance from senior leaders. The results were impressive. In 2019 alone, 121 women participated, sharing overwhelmingly positive feedback. Looking forward, DP World aims to have 1,000 women complete the #MentorHer program by 2030, further embedding gender equality into its corporate culture.

The company continues to invest in women-specific training and mentoring programs across the globe, especially in the Americas. For example, in Brazil, the number of female employees has soared by 200%, with a 30% increase in women occupying leadership positions over the past five years. Brazil’s “She in Operations” program trains and mentors women in logistics, leading to success stories such as the country’s first female wharf operator at the Port of Santos.

In Ecuador, the company’s groundbreaking “Operators for the Future” program actively recruits and trains female employees for traditionally male-dominated roles, such as operating heavy machinery and vehicles. This program exemplifies DP World’s proactive approach to creating inclusive workplaces where women can excel and break barriers. In the Dominican Republic, the “Women Forklift Program” trains women to operate heavy port and terminal machinery. The program trained 15 women in 2024 and continues to provide career opportunities previously unavailable to them.

A Vision for a Sustainable and Inclusive Future

Bronwyn’s journey clearly demonstrates that innovation and environmental responsibility are deeply interconnected – each fueling the other. By integrating sustainability into every aspect of DP World’s operations, Bronwyn illustrates how businesses can thrive economically while respecting our planet.

DP World proudly champions women leaders like Bronwyn Pountney, recognizing that a truly sustainable future depends on diverse perspectives, inclusive leadership, and collaborative innovation.

Interested in joining DP World? Check our active job postings here.

4imprint® Awarded Over 1,600 one by one® Grants in Second Quarter of 2025

Posted on July 29, 2025 by sHq_LoGiNz

OSHKOSH, Wis.–(BUSINESS WIRE)– #4imprint–4imprint provided over 1,600 charitable causes throughout the U.S. and Canada with in-kind promotional product grants through its one by one® program.

Dr. Henry G. Brzycki and Elaine J. Brzycki Announce Breakthrough Methods to Improve Teen Mental Health

Posted on July 29, 2025 by sHq_LoGiNz

Playbook Provides Number One Protective Factor

STATE COLLEGE, Pa., July 29, 2025 /PRNewswire/ — Early reviews confirm that “Champions in Life: The Playbook for Teens and Their Parents with 10 Essential Skills to Optimize Mental Health—by positive psychology experts Dr. Henry G. Brzycki and Elaine J. Brzycki—strengthens teen mental health.

The book for teens and their parents—released by The Brzycki Group and The Center for the Self in Schools—offers clinically proven, breakthrough methods that produce happy, healthy and flourishing teens.

By completing ten critical skills and thirty experiences, teens can empirically build their mental health. Teens develop self-awareness through everyday trial-and-error interactions with important people in their lives, beginning with their parents (or guardians/caretakers).

Kim Bartosch, young adult author, says in her professional review, “If you’ve ever felt unsure about how to start mental health conversations with your child, this book gives you that starting point . . . It sparks conversations, reflection, and connection—something many young people deeply need today.”

For example, the playbook guides teens to share their seemingly impossible dreams, and encourages parents to simply listen without judgment or paring down the dreams. Through this process, teens feel more connected, self-directed, confident, inspired and hopeful at a critical developmental stage.

Dr. Henry G. Brzycki says, “The playbook helps teens build protective mental health competencies such as self-esteem, resilience, internal motivation and life purpose. These competencies build overall ‘self-awareness,’ which research shows is the number one protective factor for mental health.“

According to a 2024 CDC National Center for Health Statistics study, parents think they are offering emotional support during critical teen years, but teens disagree. Teens are suffering in silence with nowhere to turn.

Teens often feel existential anxiety and depression, keeping them from fully experiencing the happiness and love that are available through their relationships and daily experiences.

The dominance of screen time contributes to “dissociation,” a clinical term meaning teens are separated from their own thoughts and feelings. Simultaneously, teens’ sense of Self is “disintegrated” by unceasing and fragmented demands for their attention.

Parents/caregivers can ensure that their teens are equipped with the latest best practices for prevention, and not wait until treatment is necessary. The playbook builds a foundation of resilience for teens ages 12 to 18 years old, and it teaches how to integrate the Self and heal dissociation.

Studies find that 75% of life success comes from non-cognitive factors such as self-awareness, motivation, emotional intelligence, and passion for pursuing an area of interest. Unfortunately, schools are not doing enough to impart these competencies. Therefore, parents need to make certain, within their own families, that their teens have the opportunity to develop these critical non-cognitive factors.

With Champions in Life, teens and families gain real-life skills to proactively envision and pursue happy, healthy and flourishing lives.

Dr. Henry G. Brzycki and Elaine J. Brzycki, experts in positive psychology, human development, and teen mental health, invented the Integrated Self Model™, which is transforming education, counseling, and family dynamics worldwide. They authored six top-selling books. Their work is used in over 60 countries.

Media Contact:
Elaine J. Brzycki
814-753-2505
398725@email4pr.com

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SOURCE The Brzycki Group & The Center for the Self

Building Bridges Between Nature, Science & Business – Part 2

Posted on July 29, 2025 by sHq_LoGiNz

Episode Summary

With consumers and investors demanding more sustainable products, the world is paying closer attention to what biodiversity loss means for our planet. Companies around the world are embracing these challenges as protecting biodiversity is key in preserving business success. In this episode, we are joined by 3M to discuss how we can unlock the power of people, ideas and science to drive innovation and reimagine what is possible, all while protecting biodiversity.

Host: Maithreyi Seetharaman
Show Producer: Lisa Desai
Sound Production: Dow Creative Element; PhiLipp Schweidler, Department of Noise
Artwork: Dow Creative Element

Episode Notes

From Interns to Innovators

Posted on July 29, 2025 by sHq_LoGiNz

A pair of former interns will step into Medtronic jobs with an extraordinary project on their resumes: inventing a first-of-its-kind virtual reality simulator for self-breast exams.

Grace Bonacci and Carrie Nguyen — and their classmates at the University of Connecticut — developed the technology, which could aid in the diagnosis of breast cancer, in just eight months and with little budget (outside of a virtual reality headset, they spent less than $100).

Filling a gap

Not knowing how to perform a self-breast exam — or what to feel for — can be deterrents to performing them at all, said Dr. Leslie Holton, a research and technology innovation director in the Surgical Operating Unit at Medtronic.

Although 40% of diagnosed breast cancers are detected by women who feel a lump, and self-exams are simple and non-expensive, studies show only 32% of women know that self-breast exams are a method to screen for cancer.

Holton was a graduate student in her early 20s when she lost her own mother to metastatic breast cancer. The experience left her wondering: If women could get hands-on experience to learn what’s normal and what’s not in a self-exam, could it lead to earlier cancer detection?

“I really wanted to create a haptic feedback glove you could use to teach women how to do breast self-exams,” said Holton, whose background is in virtual reality medical education. “Back then, as many ideas are, it was well before its time.”

But when the idea was mentioned in a conversation between Holton and Dr. Krystyna Gielo-Perczak, a professor at the University of Connecticut who shared a passion for women’s health, it gained a second life. Medtronic quickly became a sponsor for a senior engineering design project under Gielo-Perczak’s guidance to turn Leslie’s long-time dream into reality.

“It’s at the time now where there’s the equipment to do this, the technology to do this,” Holton said.

Five students, including Bonacci and Nguyen, eagerly signed up for project, ranking it at the top of their most-desired list.

Unfiltered creativity

To bring it to life, Bonacci and Nguyen’s team of five built a glove partly made up of balloons that used haptic feedback, or technology that relies on a sense of touch. They acquired fake cancerous and non-cancerous breast tissue and took force measurements, translating the balloon’s response to a simulated nodule.

Wearing the glove, a user can get a sense for what feeling a potentially cancerous nodule in breast tissue feels like.

“As a woman, sometimes women’s health can be underrepresented in the broader medical community, or people are ashamed to talk about it,” Bonacci said. “That’s what drew me to this project.”

Emily Jacobs is a senior principal biomedical engineer at our company and mentored the students on the project. She’s also an intern-turned-employee herself. She helped the students troubleshoot problems, offered guidance about inclusivity for their design and business perspective, sourced materials, and served as a sounding board for their ideas.

“They were very inspired, driven, and independent,” said Jacobs, who earned a doctorate from the University of Connecticut. “It was fun to see them be really passionate about the project and it showed in their work.”

What’s next?

While there are no immediate plans to take the students’ design further, Medtronic walked away with learnings from their work, said Holton, including how they embraced a low fidelity approach.

“The vision that we started with, and that the students continued, was something that could be used in an OB-GYN’s office or on a mobile mammogram truck,” she said.

Among the skills they gained from the senior design project was maintaining a patient-centered mindset, Nguyen said.

“Something that Dr. Gielo-Perczak reminded us a lot while we were working on the project was to always remember and think about the human that’s on the other end of your project,” she said.

In summer 2025, Medtronic welcomed 488 students to its internship program and 97 to its Women in Science & Engineering Early Outreach program. Fifty-seven percent of summer interns from 2024 who were eligible for conversion became full-time employees and 96% of all interns last year reported satisfaction in their experience.

Learn more about Medtronic.

Palladium Equity-backed Superior Environmental Solutions Acquires Wisconsin-Based Hydroblasters Inc.- SES’ 10th Acquisition and 4th Under Palladium Ownership

Posted on July 29, 2025 by sHq_LoGiNz

WISCONSIN RAPIDS, Wis., July 29, 2025 /PRNewswire/ — Superior Environmental Solutions (“SES”), a market leading provider of mission-critical, essential, and non-discretionary environmental and industrial services, and a portfolio company of Palladium Equity Partners, LLC (“Palladium”), today announced the acquisition of Hydroblasters Inc. The acquisition further expands SES’s operational footprint and strengthens its market presence in Wisconsin, Michigan, Minnesota and across the Midwest. The acquisition marks SES’ 10^th acquisition in the past ten years and its 4^th during Palladium’s two-year ownership.

Based in Wisconsin Rapids and founded in 1995, Hydroblasters delivers a suite of recurring, essential industrial services closely aligned with SES’ offerings, including vacuum services, hydroblasting, and industrial services.

SES, with a workforce of nearly 1,000 employees, operates from over 64 facilities across 14 states in the Midwest, Southern, and Western United States. The Company offers a full suite of environmental and industrial solutions, including hydro blasting, vacuum truck services, waste management, product destruction, tank cleaning, and a range of other technical services. SES serves a diverse base of more than 1,100 customer locations across key end markets such as agriculture, food processing, chemicals, metals, utilities, automotive, and refining.

“We are thrilled to have Hydroblasters join the SES family,” said John Stevens, CEO of SES. “Rod Marquette and his team have built a strong, service-oriented business, and we look forward to working closely with the team as we expand SES’ reach and capabilities in the Midwest.”

Rod Marquette, President of Hydroblasters stated, “Partnering with SES, a leader in industrial and environmental services, marks an exciting next chapter for us. We’re eager to collaborate with the SES team and their private equity sponsor, Palladium. This partnership positions us to create meaningful opportunities for our employees and deliver even greater value to our combined customers.”

Scott Kirschner, Principal at Palladium, commented, “Palladium is pleased to support SES’ latest acquisition, its fourth under our ownership in less than two years. This transaction will help SES accelerate its position as a national leader in environmental and industrial services and further grow and expand its operations in the Midwest.”

Palladium President Daniel Ilundain added, “This transaction reflects Palladium’s dedication to supporting SES’s outstanding leadership team to drive long-term value and strengthen its position as an industry leader.”

Financial terms of the transaction were not disclosed. Keating Muething & Klekamp PLL served as legal advisor to SES.

About Superior Environmental Solutions
Founded in 1999, Superior Environmental Solutions (SES) is a leading provider of mission-critical, non-discretionary, environmental and industrial services, including high-pressure water jetting, vacuum equipment services, waste management, specialized tank cleaning and other technical services. For more information about SES, visit http://www.sesinc.com .

About Palladium Equity Partners, LLC
Palladium is a private equity firm with over $3.5 billion of assets under management. The firm invests in the middle market, focusing on companies in the U.S. Hispanic market, founder and family-owned businesses, and those with accretive M&A opportunities. The partners of the firm have significant experience in the consumer, services, industrials, and healthcare sectors. Since its founding in 1997, Palladium has invested in more than 240 businesses, including 41 platforms and over 200 add-ons. For more information, visit www.palladiumequity.com.

Contacts:
Jeff Sweren, Chief Financial Officer
JSweren@sesinc.com
513-682-4275

Jeffrey Taufield / Todd Fogarty
jeffrey.taufield@kekstcnc.com or todd.fogarty@kekstcnc.com
212-521-4800

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SOURCE Superior Environmental Solutions; Palladium Equity Partners

Guidehouse Research Estimates Number of Grid-Interactive Buildings to Reach 282 Million by 2034

Posted on July 29, 2025 by sHq_LoGiNz

Demand response, solar generation, and battery storage adoption fuel B2G market expansion worldwide

BOULDER, Colo., July 29, 2025 /PRNewswire/ — A new report from Guidehouse Research analyzes major trends in grid-interactive buildings engaged with three primary building-to-grid (B2G) technologies: demand response (DR), solar power generation, and battery energy storage.

As global electric grids are put under stress to meet growing energy demands and manage the introduction of more renewable distributed energy resources, utilities will face more pressure to stabilize the grid. B2G technologies—which enable buildings to interact with the electric grid and act as a grid resource—are effective solutions that, if managed properly, can help with grid stabilization. According to a new report from Guidehouse Research, the number of grid-interactive buildings participating in DR, generating solar power, and equipped with battery energy storage worldwide will increase from 122.1 million in 2025 to 281.9 million in 2034 at a CAGR of 9.7%.

“B2G technologies can directly benefit utilities, building owners, and residential homeowners as well as governments and energy consumers,” says Wendy Davis, principal research analyst with Guidehouse Research. “Market conditions are promising for increased B2G integration. As countries around the world work to stabilize and decarbonize their power grids, B2G integration will be a key component in achieving these goals.”

Increased interest in grid participation from building owners and residential homeowners has made B2G-enabling technologies more desirable, as evidenced by their increased adoption globally. Other key market drivers for B2G integration include the proliferation of enabling technologies, the emergence of transactive energy, and supportive policies and regulations. Most of the barriers to B2G integration concern the market’s maturity. As B2G integration is in its infancy, many questions remain about which technologies, business models, and policies will take hold as the market matures, according to the report.

The report, Building-to-Grid Technologies, provides an overview of B2G technologies and the factors driving their adoption or limiting their growth. It analyzes the number of grid-interactive buildings globally from 2025 through 2034, segmented by technology, building type (commercial, institutional, and residential), and region. The report includes specific recommendations for B2G stakeholders to promote these technologies in support of grid stabilization. An executive summary of the report is available for free download on the Guidehouse Research website.

About Guidehouse Research
Guidehouse Research, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Research can be found at guidehouseresearch.com.

About Guidehouse
Guidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. guidehouse.com

* The information contained in this press release concerning the report, Building-to-Grid Technologies, is a summary and reflects the current expectations of Guidehouse Research based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Research nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

For more information, contact:

Cecile Fradkin for Guidehouse Research
+1.646.941.9139
cfradkin@scprgroup.com

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SOURCE Guidehouse Research

Elimini and HOFOR Sign Strategic Agreements for Landmark Danish BECCS Project To Permanently Remove CO2

Posted on July 29, 2025 by sHq_LoGiNz

COPENHAGEN, Denmark, July 29, 2025 /PRNewswire/ — Elimini, a carbon removal expert with a mission to remove carbon for good, has signed a joint development agreement with Greater Copenhagen’s public utility HOFOR to explore the development of a large-scale bioenergy with carbon capture and storage (BECCS) facility at the Amagerværket combined heat and power plant in Copenhagen, Denmark.

The strategic collaboration will cover the development of the BECCS facility, with the aim of entering into a Joint Venture Agreement to transform Unit 4 (AMV4) at the site to capture CO₂ and generate high-quality, verified carbon removal credits (CDRs) in addition to renewable electricity and heat.

By supporting the deployment of reliable renewable electricity and removing CO₂ from the atmosphere, the partnership will play an important role in enabling Denmark to achieve its carbon removal and broader climate targets while stimulating both job creation and economic growth.

The Amagerværket Power Station, which yearly produces 9.900TJ heat, equivalent to 25 percent of Copenhagen’s district heating using biomass while generating 670 GWh of renewable electricity, is one of Denmark’s largest point sources of biogenic CO₂. HOFOR has an established biomass supply chain to purchase certified sustainable wood pellets and wood chips. The project intends to establish a full BECCS value chain with the capability to remove CO₂ from heat and power production at the facility totaling hundreds of thousands of tonnes annually, supporting Copenhagen’s ambition of being climate positive by 2035.

The project is among 10 pre-qualified projects that are eligible for the Danish Energy Agency’s CCS subsidy scheme.

The Danish Government recognizes that capture and storage of biogenic CO₂ is an effective tool to fight climate change and key to achieving national and international climate ambitions. To support Denmark’s goals, in 2024 the Danish Energy Agency established a USD 4.2 billion CCS fund to support the development of capture, transportation and geological storage of CO₂ over a 15-year period.

In parallel, Elimini and HOFOR have agreed a CDR marketing agreement under which Elimini will lead the commercialization pathway for the project’s verified carbon removal credits.

“This ambitious partnership with HOFOR is a breakthrough in the scaling of carbon removals,” said Ross McKenzie, Chief of Staff and Senior Vice President, Corporate Affairs and Business Development at Elimini. “Together, we’re developing a first-of-its-kind model that will capture biogenic CO₂ – reducing CO₂ levels in the environment – and will generate verified, high-integrity carbon credits.”

“This agreement represents a pivotal step to supporting Copenhagen’s target of being climate positive and decarbonizing the city’s district heating,” said Gorm Elikofer, Chief Operating Officer at HOFOR. “By collaborating with Elimini on carbon capture at Amagerværket, we are building the technical and commercial foundations that will help to advance carbon capture solutions that benefit our city and the broader energy transition.”

Elimini is a development partner for the project in this first stage, using its expertise in BECCS to support HOFOR with the project and marketing for the carbon removal credits. Following further project evaluation, and subject to agreement by both Elimini and HOFOR, the parties will explore the potential formation of a joint venture.

To learn more about carbon capture at HOFOR: www.hofor.dk/ccs

About Elimini
Elimini exists to remove carbon for good. The company has an ambition to be the world’s leading carbon removal company and to transform the carbon removals market through the deployment of bioenergy with carbon capture and storage (BECCS) technology at scale. By working with partners across its value chain, Elimini aims to permanently remove carbon from the atmosphere while generating 24/7 renewable, reliable power. For more information, visit www.elimini.com.

Elimini is a wholly owned subsidiary of UK-based Drax Group, a global energy company that’s been pioneering decarbonization projects for decades. This includes piloting the first bioenergy with carbon capture and storage (BECCS) project of its kind in Europe

About HOFOR
HOFOR A/S is Denmark’s largest local supplier, providing water, heat, city gas, district cooling and wastewater disposal for more than 1 million people in the capital area. We build wind turbines and solar parks that deliver energy for a greener Denmark. Together with our eight owner municipalities, we create sustainable cities with a focus on cloudburst projects, energy optimization and the development of future supply solutions. We take responsibility and work closely with our customers, universities, business and authorities. We have over 150 years of experience, 1,600 employees and an annual turnover of over 7 billion kroner.

Cautionary Statement: This communication contains both historical and forward-looking statements. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements may include expectations related to targets, goals or objectives such as financed emissions targets, representation objectives and the achievement thereof, may be deemed “forward-looking statements”. These statements are not historical facts or statements of current conditions, but instead are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond our control. In addition, this communication contains statements based on hypothetical scenarios and assumptions, which may not occur or differ significantly from actual events, and these statements should not necessarily be viewed as being representative of current or actual risk or forecasts of expected risk. Actual results and financial conditions may differ materially from those included in these statements due to a variety of factors, including, among others, global socio-demographic and economic trends; energy prices; technological innovations; climate-related conditions and weather events; counterparty and client behavior and financial health; insurance applicability, legislative and regulatory changes; our ability to retain and attract qualified employees in a competitive environment for talent; and other unforeseen events or conditions, and the precautionary statements included in this document. Certain forward-looking statements referenced in this communication are also based on assumptions, standards, metrics, methodologies and frameworks for measurement, reporting and analysis of climate change that continue to evolve, vary across jurisdictions and regulatory bodies and are the subject of proposed regulatory changes in multiple jurisdictions, which may have a material impact on our future measurement and reporting, as well as the results of the efforts set forth in this communication. There is no assurance that goals or targets stated in this document (including interim targets) will be achieved or result in positive measurable outcomes. Information contained in this document, including commitments, goals, targets and objectives, and their related frameworks, methodologies or approaches, are subject to change without notice.

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SOURCE Elimini