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World Environment Day 2023: 4 Companies Working For a Greener Planet With climate-related issues affecting the world, and the built environment being one of the most impactful causes of carbon emissions, sustainability must be integrated into all growth strategies. Even the corporate sector needs to channel its resources for a greener and more sustainable way of living.

By Kavya Pillai

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Chris LeBoutillier

As we approach another World Environment Day, it is important to note that the state of our earth is far from good. We are in the 11th hour and in dire need to address it. Gone are the days when we could blame the past for taking zero accountability. With climate-related issues affecting the world, and the built environment being one of the most impactful causes of carbon emissions, sustainability must be integrated into all growth strategies. Even the corporate sector needs to channel its resources for a greener and more sustainable way of living.

A fundamental step to embracing sustainability is constantly measuring and improving the sustainability metrics of products and operations. Ensuring that we operate through a climate-resilient value chain while staying focussed on our net zero goals, supported through technology and innovative practice. On the same, Aun Abdullah, ESG Leader at Lodha Shared, "Preserving and rejuvenating biodiversity is a key aspect. By incorporating sustainability into our projects, we at Lodha demonstrate its commitment to creating not just luxurious developments but also environmentally responsible and socially inclusive communities." Here are four other such companies working towards protecting the environment through their innovations.

1.Log9 Materials

Log9 Materials was founded in 2015 and is an indigenous deep-tech start-up that is redefining the EV industry's standards in the fight against climate change. Driven by innovation, Log9 has amassed 35 industry-defining patents that attest to the organization's first principle thinking. Log9 Materials is also able to offer batteries that can be charged 9x faster, can last 9x longer and offer 9x higher performance and safety. Log9 is backed by leading venture capital firms Sequoia Capital and Exfinity Ventures, as well as strategic investors such as Amara Raja Batteries and Petronas (Malaysia).

2. Etrio

Founded in 2017 and headquartered in Hyderabad, Etrio is a renowned EV-maker that works with the vision to lead cargo fleet electrification. Etrio is transforming the environment, lives, and businesses and driving EV adoption at scale in the country – while focusing on providing best-in-class products, services, and solutions catering to India's burgeoning cargo and logistics sector. Etrio's product range encompasses a broad spectrum of commercial electric vehicles comprising three and four-wheelers catering to payloads between 500 kg to 700 kg.

3. Metastable Materials

Founded in October 2021, Metastable Materials is a Bengaluru-based *cleantech startup working on providing eco-friendly recycling solutions* to reduce the lifecycle cost of lithium-ion batteries (LiBs) to ensure that the everyday applications of LiBs such as electric vehicles (EVs) become more affordable for the masses. The startup is pioneering a first-of-its-kind, chemical-free technology and system for extracting a wide range of materials from lithium-ion batteries in a sustainable and eco- friendly manner. The extracted materials include copper, aluminium, cobalt, nickel, lithium, etc, with more than 90% recovery rate.

4. Devidayal Solar Solutions

Devidayal Solar Solutions Pvt. Ltd. is India's pioneering renewable energy brand that focuses on developing and selling innovative solutions in the renewable energy space. The company is supported by the powering livelihoods initiative, jointly run by CEEW and Villgro Innovation Foundation. DD Solar collaborates with others and leverages technology to conceive and implement projects wherein renewable energy becomes an enabler to improve the lives of the people sustainably.

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