Mon, 10th Jan 2022 07:00
10 January 2022
MYCELX Technologies Corporation
Award of Green Economy Mark
MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and air technology company transforming the environmental impact of industry, is pleased to announce that the Company has received the London Stock Exchange's Green Economy Mark, recognising MYCELX's contribution to the global green economy.
This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange's Main Market and AIM that are driving the global green economy. To qualify for the Green Economy Mark, companies and funds must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy. The underlying methodology incorporates the Green Revenues data model developed by FTSE Russell. It provides a detailed taxonomy of environmental goods, products and services, and is designed to recognise both 'pure-play' green technology companies, as well as those across all industries that make significant contributions to the transition to a sustainable, low carbon economy.
Connie Mixon, CEO of MYCELX, said:
"I am delighted to announce that MYCELX has been awarded the Green Economy Mark by the London Stock Exchange. The Mark supports MYCELX in communicating our green credentials to investors and other stakeholders; highlighting our efforts to support the transition to a low or net zero economy.
The recent validation of our offering at both an Australian Defence location, and a global oil Company's site, are strong evidence of our clean technology's increasing adoption in the fast-growing global PFAS market. As we look to the year ahead, we are excited about the potential of our entire product offering and will look to build upon the successful foundations we laid last year."
Julia Hoggett, CEO of the London Stock Exchange, added:
"Congratulations to MYCELX on receiving the Green Economy Mark, which recognises companies that derive more than 50% of their revenues from green products and services. Companies that qualify for the Mark play an important role in the global green economy and the shift towards low-carbon business models: they are key to accelerating the transition to a more sustainable economy."
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