The aim is to develop a cleantech financing program with profitable solutions to H&M suppliers for the implementation of clean technology. Several cleantech vendors have been evaluated within the framework of the program before being selected as preferred suppliers
February 07, 2020. By News Bureau
Climeon has announced that it has been selected to participate in the H&M and WWF Cleantech Programme for H&M suppliers. The programme aims at stimulating cleantech investments in the best available technologies to reduce emissions and costs in H&M’s supply chain.
In 2019 H&M and WWF initiated a Cleantech Programme for the supply chain in cooperation with GloFin Advisory AB. The aim is to develop a cleantech financing programme with profitable solutions to H&M suppliers for implementation of clean technology. Several cleantech vendors have been evaluated within the framework of the programme before being selected as preferred suppliers.
We are thrilled to be presented as one of the preferred cleantech solutions for H&M suppliers, says Thomas Öström, CEO of Climeon.
Climeon’s technology for waste heat recovery can increase energy efficiency and reduce CO2 emissions in H&M’s value chain, continues Thomas Öström.
We believe that Climeon’s high quality products for waste heat recovery will fit well into this Programme and we look forward to them presenting their technology to H&M’s suppliers at our Cleantech Expo in March, says Stefan Jonsson from Glofin, responsible for the programme.
Through the H&M and WWF Cleantech Programme suppliers are provided with an energy audit to identify improvement areas, a selection of preferred cleantech vendors as well as financing solutions in order to speed up the implementation of cleantech with H&M Suppliers.
As a first step, Climeon will participate in the H&M and WWF Cleantech Expo in New Delhi, in March 2020 and present the company’s solution for waste heat recovery for H&M suppliers as well as visit relevant manufacturing sites.
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