CALGARY,
AB, May 21, 2024 /PRNewswire/ --
Carbon Upcycling Technologies Inc. ("Carbon Upcycling"), a
decarbonization and carbon capture & utilization solution for
hard-to-abate industries, announced today that Steven Berkenfeld will join the company's board
as its Chair.
After retiring from a career in investment
banking in 2019, Berkenfeld has since focused on working with
early-stage climate tech and sustainability companies as President
of Ecotopia Consulting. Currently, he serves as Chief Strategy
Officer at Brightcore Energy and on multiple corporate boards,
notably as Board Chair of Svante. With respect to non-profits
focused on climate and the environment, he previously chaired the
board of the Sierra Club Foundation and is currently on the board
of The Clean Fight and Green City Force.
Berkenfeld's extensive financial experience
includes senior roles at Barclays Capital and Lehman Brothers,
where he led initiatives in environmental and social impact
banking, cleantech, and private equity investing. He holds a J.D.
from Columbia Law School and a B.S. from Cornell University.
"Carbon Upcycling's innovative approach to both
decarbonization and carbon capture and utilization has significant
potential to address the challenge of reducing carbon emissions
while creating value for hard-to-abate sectors," said Berkenfeld.
"I look forward to working with CEO Apoorv
Sinha, his team, and the rest of the board to help bring
sustainable solutions to the forefront of these foundational
industries."
"Carbon Upcycling is helping heavy industry
decarbonize while providing the cement industry with an important
lever to improve supply chain optionality and decouple cement
production from fossil fuel use," said Carbon Upcycling's
Co-founder and CEO Apoorv Sinha. "As
we continue to scale our technology and global footprint, we are
thrilled to have Steven Berkenfeld
join our board. Steven's deep expertise and dedication to fostering
cleantech companies will be invaluable as we continue on our
mission of becoming the most impactful CarbonTech company of this
decade and beyond."
About Carbon Upcycling
Carbon Upcycling Technologies pioneers advanced materials science
to optimize carbon capture, transforming CO2 into a valuable
resource for heavy industry while reducing global carbon emissions.
Its innovative approach converts waste carbon into a circular
asset, addressing the persistent reliance on fossil fuels and
promoting material resource independence. Founded at the nexus of
industry, climate, and materials science, Carbon Upcycling's
mission is to lead the global transition to a carbon-to-value
economy through scalable mineralization technologies. With a
diverse team of experts, it drives decarbonization and supply chain
innovation in order to form an entirely new market around its novel
process and technologies.
Learn more about Carbon Upcycling
at carbonupcycling.com.
Contact:
Emily Torrans
Mahoney Communications Group
377974@email4pr.com
212-220-6678
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SOURCE Carbon Upcycling Technologies