Montreal, July 16, 2020 – CarbiCrete has been awarded the title of Most Sustainable Company in the Building Technology Industry at the 2020 World Finance Sustainability Awards.
The awards were created by World Finance magazine to celebrate companies putting green values at the forefront of their business operations. A single winner was announced for every one of the 38 industries considered by the publication.
“We consider the initiatives of nominated companies in their entirety,” says Monika Wojcik, Head of Special Projects at World Finance. “This enables us to see which organization is the most deserving of recognition. Put simply, we select the company that does the most.”
CarbiCrete’s patented technology enables the production of cement-free concrete, avoiding cement-related emissions by replacing cement with a steel-making by-product and removing carbon dioxide from the atmosphere by mineralizing CO2 into the concrete for permanent storage.
“We are very proud to have received this honour from World Finance,” says CarbiCrete CEO, Chris Stern. “We are in the company of some world-class innovative firms, and I would like to congratulate the winners of the other categories who share our commitment to reducing the carbon footprint of their respective industries.”
In December of 2019, CarbiCrete announced that the Environmental division of Harsco Corporation (NYSE: HSC) had made a $3M investment into the company in conjunction with a $2.1M grant awarded to CarbiCrete by Sustainable Development Technology Canada (SDTC) to finance a demonstration program in Drummondville, Quebec. The project is set to begin in August.
About Carbicrete
Carbicrete is a Montreal-based cleantech company developing innovative, low-cost building solutions that contribute to the reduction of greenhouse gas emissions. Carbicrete’s breakthrough patented technology enables the production of cement-free, decarbonized concrete made with industrial by-products and captured carbon dioxide. Carbicrete.com
Media Contact:
CarbiCrete
Yuri Mytko
Chief Marketing Officer
514-927-9874