On 15 and 16 February, Xynteo in partnership with Hindalco held its 2024 Exchange at the Mankeshaw Centre in New Delhi. The platform saw the confluence of some pioneering minds from Indian and global corporations, government, policy, finance, entrepreneurship, and the social impact realm. Here are some key highlights from the Exchange 2024.
Xynteo’s Energy Leap presented its first Innovation Challenge award to Suzhiyam Industrial Machines, a promising start-up working on a pathbreaking solution in the clean hydrogen value chain, at the Exchange on 16 February. For the Innovation Challenge, Energy Leap received 23 applications from innovators with early-stage solutions with technology readiness level (TRL). The focus areas for the challenge spanned across production technologies, utilisation solutions for industry applications, advanced storage and transportation, materials, catalysts, digitisation, and monitoring.
As we reach the end of another COP, it was encouraging to see the language in the final conference text found last minute consensus on ‘transitioning away’ from fossil fuels. Yet in our view, after decades of discussion and negotiation, the outcome of 2023 conference isn’t strong enough. Xynteo supports the inclusion of ‘transitioning away from fossil fuels’ within the agreement, but call for a bolder deal that accelerates action, holds nations accountable for commitments, and encompasses broader support for emerging and developing nations.
Xynteo is pleased to announce that we have joined the United Nations Global Compact initiative - a voluntary leadership platform for responsible business practices. With this announcement, we are committing to align our operations and strategies with ten universally accepted principles in the areas and to act in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs).
Xynteo, in partnership with the SED Fund, Technip Energies and Research and Innovation Circle of Hyderabad (RICH), is proud to announce the launch of Energy Leap - Asia's first end-to-end clean hydrogen technology accelerator focused on driving sustainable energy innovation that will power India’s home-grown energy security, economic development, and decarbonisation journey.
Xynteo is thrilled to announce the appointment of Satish Pai, Managing Director, Hindalco Industries, as the new Chair of Vikaasa. Mr Pai succeeds previous Chair Sanjiv Mehta, who over the last five years has been instrumental in shaping Vikaasa’s people and planet-positive impact since its inception in 2017.
Xynteo, a strategic advisory firm exclusively dedicated to providing sustainability and energy transition services to some of the world’s largest companies, today announced a majority investment by funds advised by Leon Capital LLP (Leon Capital). The family of the founder Osvald Bjelland remains a minority shareholder. The agreement includes the creation of an employee partnership model, with senior employees now becoming owners of the business.
Xynteo, a purpose-driven advisory firm, has launched the Build Ahead Coalition, a business-led alliance bringing together key industry majors –JLL, Godrej Construction, Lodha, JSW Cement, Stichting SED Fund and Shell India.
We are proud to confirm that SAP, one of the world's leading producers of software and a leader in international corporate sustainability efforts, has now joined the partnership. Christian Klein, CEO of SAP recently discussed with us the software company’s vision and expectations in collaborating towards a more sustainable, equitable and resilient Europe and beyond.
With 10 years in strategy, systems change and sustainability consulting with Accenture, KPMG and Kearney, and over 11 years founding and managing consultancies and start-ups across sectors, Jonah joined Xynteo’s London team early March.