We are pleased to share that, for the second year in a row, Carbon Engineering (CE) has been named on the prestigious Global Cleantech 100 list by Cleantech Group. Today, CE was also awarded the 2021 North American Company of the Year Award – an honour bestowed upon the highest-ranked company on the list from the region.
The Global Cleantech 100 is an annual list of companies with the most promising solutions for a more digitized, de-carbonized and resource-efficient world. It features private, independent and for-profit companies that are best positioned to drive sustainability and change, and have the greatest potential to make a significant market impact within five to ten years.
“Carbon Engineering is honoured to be named the Global Cleantech 100 North American Company of the Year,” said CE CEO, Steve Oldham. “We share this honour with the entire community of cleantech innovators that have been recognized by Cleantech Group and that are working tirelessly to progress solutions to the world’s climate and energy problems.
“Despite the tremendous challenges the global community faced in 2020, we are buoyed by the momentum we are seeing in the effort to act on climate change. For CE, 2020 was a particularly significant year. We signed a world-first licensing deal with Occidental and 1PointFive to build megaton-scale Direct Air Capture facilities in the US, and greatly progressed the engineering of the first of these facilities. We also secured our first corporate customers in 2020; Shopify and Virgin Red. Receiving this award is a significant acknowledgement of this progress. It also highlights the growing recognition of the need for carbon removal tools like ours in the global race to reach net zero emissions.”
This is the 12th edition of the widely respected list and this year’s cohort includes innovators from 15 countries, with just over half located in the US and the rest hailing from Asia, Australia, Canada, Europe and the Middle East. Awardees are selected through a combination of research data and qualitative judgements made by a 91-member expert panel of leading investors and executives active in technology and innovation scouting.
“This year’s Global Cleantech 100 list was striking for how many carbon-related companies there were in it, a far cry from even 3-4 years ago,” said Richard Youngman, CEO, Cleantech Group. “I hope we will look back at 2020 as the year in which the foundation stones for Direct Air Capture enabling major new industrial markets in carbon management were laid, in large part through Carbon Engineering’s licensing deals with deep-pocketed development companies in both the US (with Occidental/1PointFive) and in the UK.”