Coolnomix Named As Winner Of Wates And Lloyds Banking Group Sustainable Innovation Competition
Coolnomix has the opportunity for its product to be piloted within Lloyds Banking Group’s buildings
Coolnomix (Emissis) has been named as one of four winners of a competition launched by Wates Group and Lloyds Banking Group to find the next generation of green tech businesses that will support Lloyds in its transition to net zero carbon operations.
Coolnomix now has the opportunity to be piloted across Lloyds’ branches and offices. Lloyds will be making an overall budget investment of £100,000, which will be available to the four winners and will allow the technologies’ to be tested in a live environment to understand whether they can ultimately be rolled out at scale.
Over 170 companies applied to the sustainability innovation competition, which aimed to unearth and champion new sustainable technologies for the built environment. Following a rigorous assessment process by Wates Sustainable Technology Services’ technical advisory panel, Coolnomix pitched to judges in a Dragon’s Den style event at the Mitie headquarters in the Shard, London at the end of January.
Coolnomix was selected because of its ability to deliver against Lloyds Banking Group’s ambitious operational pledges, which commit to net zero carbon operations and a 50% reduction in energy consumption by 2030, as well as a 40% reduction in absolute water consumption by 2030.
As well as the opportunity to be rolled out across Lloyds’ branches and offices nationwide, Coolnomix will be added to the Wates Innovation Network (WIN) Portal as an Innovation Partner, alongside other pioneering green tech businesses. The Portal is a free to use online marketplace for suppliers of environmental technologies that enables them to connect their product with built environment customers across the supply chain.