Tracey Carr, CEO of Eco-shaper, Christoph Birkl, CEO and co-founder of Brill Power, and Paolo Bavaj, head of Henkel Tech Ventures, took part in a panel moderated by Maija Palmer, innovation editor at Sifted, about ESG investments.
“We have come across a way to improve lifetime and sustainability of batteries through battery management systems able to extend the battery life by 60%, reduce the use of hazardous lithium-ion waste and cut costs,” said Birkl. “The greatest advantage of our technology is the possibility to reduce energy consumption and avoid the waste of hazardous materials which are used in the manufacturing process, while instead using them for as long as possible.”
Describing the selection and evaluation process followed by a CVC in sustainable investing, Bavaj said: “When evaluating the sustainability of a business, we measure its decarbonisation impact, energy-saving and footprint reduction. We also try to understand how experimental a technology is, how differentiated to similar products might become and how effectively it can be translated into a market launch.”
Carr talked about what her company focuses on: “Eco-shaper collects pertinent organisation data at an enterprise and employee level. We use this to determine what standards your organisation needs to comply with and where it can make the biggest improvements when it comes to sustainability. We are still at the experimental stage but we have registered interest from corporates. More collaboration across the community is essential, especially now, at a time when we need to provide feasible solutions to the climate crisis, solutions that can only be developed and adopted through a deep cultural change.”