Quadrise releases detailed 2024 sustainability report

Published 12/12/2024, 08:08
Quadrise releases detailed 2024 sustainability report
QED
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LONDON - Quadrise Plc (AIM: QED), a supplier of innovative energy solutions, has released its third annual Sustainability Report, detailing the environmental and economic impacts of its technology and its alignment with regulatory demands, particularly in the marine sector. The report, available on the company's website, also outlines Quadrise's commitment to the UN's Sustainability Goals and its Environmental, Social, and Governance (ESG) values.

The report highlights the upcoming vessel trials with MSC/Cargill, which are expected to showcase the environmental benefits of Quadrise's technology. Additionally, it emphasizes the company's progress toward its net-zero ambitions, including its net-zero fuel research and development program.

Andy Morrison, Chair of Quadrise, commented on the report's significance, stating, "Our latest sustainability report provides a comprehensive overview of Quadrise, our place in the market, and the meaningful impact we plan to make as our projects and R&D program continue to progress at pace."

Morrison also expressed optimism about the company's transformative year ahead, with the MSC trials poised to demonstrate the technology's environmental advantages and the company's steps toward delivering a fully net-zero fuel by 2030.

Quadrise is known for its MSAR® and bioMSAR™ emulsion technologies, fuels, and biofuels that aim to reduce energy costs, pollution, and greenhouse gas emissions for the global power generation, shipping, industrial, and oil industries.

The publication of this report is a significant step for Quadrise as it seeks to position itself as a leader in sustainable energy solutions. The company's focus on sustainability and its efforts to align with global goals underscore its commitment to addressing the pressing environmental challenges facing the marine sector and beyond.

This article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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