Loudspring today announces the impact results of 6 of its portfolio companies for 2018. Loudspring portfolio companies considered for this report include: ResQ Club, Nuuka Solutions, Eagle Filters, Enersize, Sofi Filtration and Swap.com.
The total impact in terms of avoided CO2 emissions was 146 948 ton.
The total water savings calculated for 2018 were 15 731 156 cubic metres.
Full PDF version of the report can be downloaded here: https://loudspring.earth/files/Loudspring_Impact_18.pdf
Like previous impact reports from Loudspring, the impact assessment for 2018 estimates how much water and greenhouse gas (GHG) emissions were saved or ‘avoided’ through the operations of a select number of Loudspring portfolio companies. The full report goes into much more detail about this method for measuring impact, as well as the recently released Loudspring Impact Review and Methodology document that was released earlier this year. You can read the Loudspring Impact Review and Methodology here: https://loudspring.earth/files/Loudspring_Literature_Review_18.pdf
This year’s Impact Results from Loudspring also adds for the first time reference of the Loudspring portfolio to biodiversity impacts and also the Sustainable Development Goals. It was found that the Loudspring portfolio impacts 8 of the 17 UN Sustainable Development Goals.
CEO of Loudspring, Lassi Noponen comments:
“This is the third impact report from us as a company group and it is by far the most comprehensive yet, with references to the Sustainable Development Goals and biodiversity. Reporting impact is still in its infancy for most companies, but I believe that it will only become expected that businesses measure and report their impacts as climate concerns increase and more stress is put on natural resources.”
“I am happy that Loudspring can take a leadership position in this space, but I am also very happy that we are able to share our methods openly through events like our Impact Evening with Spark Sustainability tonight in Helsinki.”
Download the full impact report here: https://loudspring.earth/files/Loudspring_Impact_18.pdf
Loudspring in brief
Loudspring is an industrial group focused on saving natural resources. We own and operate Nordic growth businesses that are making a big environmental impact. We have a diversified business portfolio in order to balance out the fluctuations of individual companies’ performance. Our technologies save energy, water and materials in industry, real estate and in everyday life.
The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.
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