The opportunity for innovators
Innovation is a necessity in addressing the climate and ecological emergency. There is a surge of entrepreneurs rising to the challenge to develop the ideas, concepts, products, services and business models that have the potential to mitigate climate change and protect biodiversity. These entrepreneurs span all sectors of the economy from energy, buildings, transport, farming, food and fashion.
A partner for innovation
To ensure these solutions can achieve social and environmental benefits, it is important that they are able to evidence and demonstrate their sustainability impact. Pilio is part of this international ecosystem of entrepreneurs and lends its expertise to supporting these change makers in calculating their sustainability impact and advising them on how to retain their sustainability credentials as these new companies grow.
Our work with Eion
Eion is a US based company developing a solution for geo-sequestration of carbon. The process of using quarried rocks to sequester carbon from the atmosphere and bind it long term is proven chemistry. This solution has the potential to make a significant reduction in greenhouse gas emissions in the atmosphere, but to be viable it is dependent on the carbon price being sufficiently high and the energy intensity of the rock processing not producing more greenhouse gases than are being sequestered.
Eion needed Pilio to independently audit the carbon cost of processing and dispersing the rocks. The carbon costs are far below 10% of the carbon sequestered. Taking account of the changes in mining and the use of renewable energy in rock processing and carbon used in the process becomes negligible. In the short term what is important is where the rock is mined and where it is transported — given the carbon emissions for freighting.
Our work with E-GAP
E-GAP is an Italian car recharging company who uses mobile vans containing battery banks to offer fast (60 kW) charging to electric vehicles within certain defined geographies (Milan and Rome). Users can book a car recharge through locations based app services. E-GAP fulfils a role in facilitating the move towards genuine green transportation.
Range anxiety and the lack of fixed charge points slows the take-up of electric vehicles. The infrastructure for the charge points for a 100% electric fleet is not currently sufficient and E-GAP has the potential to offer a mobile rather than fixed charging point — both lessening the need for extra infrastructure and providing that infrastructure on a needs directed basis.
E-GAP came to Pilio to have an independent assessment of the carbon benefits of their electric vehicle recharging solution. Pilio is analysing the carbon impacts of the E-GAP charging infrastructure and comparing it with the conventional fixed charging station. This assessment will be used to support their business growth strategy.
Our work with Green Future Project
Green Future Project is an organisation committed to tackling climate change through reforestation, protection of the Amazon Rainforest, and a clean energy transition. Individuals and businesses are able to access their platform and offset their carbon impact through funding climate solution projects and enabling the planting of at least 10 trees each month.
Pilio is helping Green Future Project to develop a framework for assessing the environmental credentials of their carbon and nature project selections to ensure their integrity. Pilio is working in partnerships with Green Future Project’s clients to reduce their environmental impacts. Additionally, Pilio is involved in joint work with Green Future Project to support other sustainability innovators.
Are you an innovator or investor?
We can provide you with independent assessment and advisory services to review the sustainability benefits and claims of innovations for environmental change.