GENOMATICA Earns Back-to-Back Recognition as a High Impact Sustainability Leader
SAN DIEGO, California - September 30, 2021 - Today, sustainability leader Genomatica celebrated major recognitions for a series of prestigious awards honoring sustainability innovations in chemistry and biotechnology. The company was recognized by industry leading publications Chemical Week and ICIS for placing sustainability at the heart of its business and driving more environmentally conscious progress in a nearly $4 trillion USD chemicals industry. The recognition, which Genomatica has earned in back-to-back years, comes on the heels of multiple deals with major brands and partners seeking to incorporate Genomatica’s technology to improve the sustainability profile of their products.
Chemical Week and ICIS are core industry publications, boasting a combined nearly 250 years of providing trusted news and analysis. Today, the company celebrates that its technology was recognized by Chemical Week’s Sustainability Award as a Best Sustainable Product by an Emerging Company and by ICIS’ Innovation Awards as a Process with the Best Benefit to the Environment and Sustainability. This year’s recognitions follow additional merits from the publications in 2020, when Genomatica was recognized for a Best Sustainable Initiative and Best Sustainable Process, respectively. The awards highlight a milestone year for Genomatica, with the company announcing a landmark partnership with lululemon to bring its renewably-sourced plant-based nylon into lululemon’s products as well as a licensing deal with Cargill and HELM to scale bio-BDO production to a combined global production capacity of 100,000 tons annually. Fueled by a $118M Series C funding round led by leading life science investor Novo Holdings, the company is driving toward reducing greenhouse gas emissions by 100 million tons per year.
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Genomatica repeatedly recognized for sustainability - Genomatica