SK Inc. Invests in Fulcrum BioEnergy to Accelerate Production of Low-Carbon Fuel from Waste
Summary
SK Inc. has been expanding investments in green businesses and technologies to achieve its goal of net-zero greenhouse gas emissions in response to global climate change. Fulcrums business model helps address environmental challenges by reducing greenhouse gas (GHG) emissions and landfill waste. Fulcrums technology diverts large volumes of MSW from local landfills, helping reduce methane gas generated by waste decomposition. Fulcrums business model could help address various social issues associated with conventional waste disposal, such as a shortage of landfill space and environmental pollution. Fulcrums major shareholders include US Renewables Group and Rustic Canyon Partners, the companys two founding investment firms, BP, United Airlines and Waste Management.