A British tech company that specialises in supporting other organisations in their bid to meet ESG-related targets has been recognised as one of the leaders in its sector.
The Didcot-based gas data intelligence firm, Mirico, features in a recently released PwC report that offers insight into top emerging climate tech companies in the British Isles.
The Net Zero Future50 report showcases leading high growth UK technology businesses that are making a significant impact on climate change across the globe.
Mirico quantifies greenhouse gas emissions (such as methane and carbon dioxide) across entire industrial sites with a single instrument, through continuous, wide-area monitoring. Operating through all weathers, data is collected and analysed in real-time, delivering rapid insights to operators about emissions at their sites. Automatic alerts are raised upon detection of anomalous events, enabling faster response times, reducing maintenance costs and minimising emissions.
To put together their report, PwC scanned the market to map the key innovators that look set to define the world’s climate tech landscape for the next decade, then selected the top 50 based on net zero impact, maturity, and scalability.
The report highlighted that Mirico’s solutions can be used to help organisations to reach their net zero targets across a range of industries including oil and gas, industrial processing and agriculture.
Mark Volanthen, chairman of Mirico, said:
“I am delighted for Mirico to be recognised by PwC in this report as one of the top UK climate tech businesses.
“Our greenhouse gas monitoring solutions are already helping customers all over the world, and we look forward to supporting more organisations reach their net zero targets in the future,” Volanthen added.
Discussing the impact of the report, Leo Johnson, Head of Disruption & Innovation at PwC, said:
“As climate challenges grow ever more urgent, climate tech innovations are helping to bend the emissions curve and accelerate decarbonisation. The UK has been pivotal in climate tech’s growth over recent years and with COP26 highlighting the need for climate technology as part of the Glasgow Breakthrough Agenda, the space is emerging rapidly.
Technology is not the panacea, but climate tech is a critical mechanism to get us on track to meet the 1.5 degree goal, and the UK is at the forefront.”