'Startups Driving Sustainability' - September 2022 Showcase Recap & Recording

'Startups Driving Sustainability' - September 2022 Showcase Recap & Recording

Understory Team
Understory Team

On September 20, 2022, Understory hosted the 'Startups Driving Sustainability' Showcase highlighting the startup innovators making our world more sustainable.

A recording of the event is available below.

Our featured speakers include:

In this showcase, we discovered a new type of electric vehicle - boats! We also talked about the circular economy, focused on both plastic and textile waste. The event ended talking about how we can all invest in and support these sustainable technologies. A few key takeaways:

  • Boats have an oversized impact on climate change. A single boat generates almost as much carbon per year as an automotive vehicle, despite operating less than 20% as often.
  • One overlooked aspect of textile recycling is the collection and sorting piece of the process. A robust end-to-end recycling process could recycle up to 95% of all textile waste.
  • Plastic reporting is following in the footsteps of carbon disclosures. New global treaties and local legislation are pressuring companies to measure, disclose, and reduce their plastic impact.
  • Substantial investment in climate tech is still needed to avoid additional global warming. While $1 trillion a year is currently being invested, we need $5 trillion a year by 2030 to hit our targets.

For more information about innovators driving sustainable change or our upcoming events, check out Understory's 'Startups Driving Sustainability' Showcase information page.

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