Romco Group Named By Holon IQ On Europe Climate Tech 200 List 2022
Romco Group is proud to announce they have been selected by Holon IQ as part of their Europe Climate Tech 200 – an annual list comprising of Europe’s most promising Climate Tech startups.
Operating out of Africa and headquartered in the UK, Romco has been listed under the “Circular Economy” sector, which comprises 12% of this year’s overall cohort. The list includes companies from a broad range of industries, such as carbon markets, mobility, agriculture & food, storage, data & finance, resources, renewables, biosphere, and the built environment. Romco joins a strong field, continuing the UK’s dominance in the cohort, having also made up the largest share in 2021.
Holon IQ is the world’s leading platform for impact market intelligence, powering decisions that matter in climate, education and healthcare. The list powers forward-thinking governments, institutions, technology companies, global firms, and investors around the world with data, insights, ideas, and connections to shape the global impact economy. To achieve a place on the list, eligible companies are assessed by the HolonIQ Education Intelligence Unit which gives scores based on 5 criteria: market, product, momentum, team, and capital.
Romco’s work towards slowing the depletion of the Earth’s remaining bauxite resources by expanding the production of metal recycling has been recognised for its contribution towards achieving a circular economy; clearing landfill to supply the increasing global demand for aluminium, as opposed to mining for new materials, plays a vital role in the green transition. Alongside Romco’s growing contribution to a circular economy in the emerging markets, their processes significantly reduce carbon emissions and energy usage for aluminium production by as much as 95%; contributing to a wholly cleaner method of aluminium production.