One of the most exiting aspects of the work we do at ClimatePoint is to help great startups to measure, quantify and forecast their impact potential. With the introduction of Sustainable Finance Disclosure Regulation (SFDR), the rise of the Article 9 fund structures and the coming of Corporate Sustainable Reporting Directive (CSRD) quantified impact numbers can make a huge difference for climate tech companies that are fundraising or expanding in the market. It is a license to operate in a world that has quickly shifted from a qualitative to a quantitative approach to climate mitigation.
Based in Norway Carbon Crusher offers on-site refurbishment of both asphalt and gravel roads, grinding up the top layer of the existing road and recycling it, using their proprietary machine and bio-based binder.
Instead of using bitumen, which is the traditional and emission heavy binder used for road refurbishment, Carbon Crusher use a bio-based binder. Through the analysis it became clear that the use of plant-based adhesive and recycling og the existing road was two of the main drivers for climate impact.
Not only is Carbon Crusher minimizing the emissions from asphalt and concrete, but the technology can also push road construction in to the heart of the circular economy, eliminating waste and the need for extraction of raw materials.
Working with the great team at Carbon Crusher, assessing their technology with the Impact Methodology software our conclusions verify that Carbon Crusher’s solution has the impact potential to turn the road construction industry on its head.
It was a privilege to be able to set Carbon Cusher up with a great fundation for increased granularity and clear benefits related to sequestered carbon and avoided scope 4 emissions. These are all essential for telling the important impact potential that this great company represents, says Nick Catania, Head of ClimatePoint Methodology
Asphalt and road construction is a major contributor to GHG emissions globally. In Norway solely, 7.5 million tons of asphalt is deployed annually, emitting 460.000 tons of CO2 into the atmosphere. Business as usual cannot continue, so the world has turned its head, looking for groundbreaking technologies with verified impact — Carbon Crusher paves the way.
In comparison — In 2021, greenhouse gas emissions from petroleum activities was approximately 12 million tons CO2eq (carbon dioxide equivalent), accounting for about one quarter of Norway’s aggregated greenhouse gas emissions.
We are Re-inventing roads to solve global problems. At Carbon Crusher, we are committed to help solve climate change, making a positive impact on our planet, says Haakon Brunell CEO of Carbon Crusher.
By quantifying the company’s current and potential climate impact, ClimatePoint verified that the Carbon Crusher solution has the potential to avoid over 2 million tonnes CO2eq and sequester twice as much until 2027. In addition, Carbon Crusher is now equipped with a dynamic LCA, that will enable the company to track and improve its impact as it scales and grows into new markets.
In other words, Carbon Crusher can now with confidence share and capitalize on their verified, important and evolving impact story to investors, the market and other interested parties.
Transform your climate tech startup towards environmental and societal impact with ClimatePoint, book your demo today and lead the change.