Financial News
Svante Recognized as a Great Place to Work®
In the wake of the new year, Vancouver-based carbon capture and removal solutions provider, Svante, has been awarded the Great Place to Work Certification™ by the eponymous workplace-culture auditing agency.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230109005334/en/
BC-based carbon capture & removal solutions provider, Svante, receives Great Place to Work certification (Graphic: Business Wire)
Operating for over three decades, Great Place to Work® acts as the global authority on workplace culture and employee experience, producing year-end lists that recognize certified workplaces in different regions, sectors, and progressive practices. The Great Place to Work® Institute reserves its certification for select companies that pass its employee audits, determined by the Trust Index© Score, which is calculated by the aggregate responses.
Svante’s survey results indicate an 86% Trust Index© Score from 121 survey respondents – 21% above the certification threshold. Additionally, 89% of Svante respondents agreed there was a sense of camaraderie within the company, while 87% of respondents believed Svante is credible and respectful, and that they were proud to work for the company.
“We’re delighted to be accredited as a Great Place to Work®” says Claude Letourneau, Svante’s President & CEO. “This certification speaks to the ethical and inclusive culture we strive to achieve at Svante. Our responsibility as an organization extends to more than just our partners and investors, but also to the satisfaction and wellbeing of our team that continues to propel us forward. We believe it’s instrumental to provide our employees with an environment that consistently supports and benefits them.”
On top of this certification, Svante has previously been ranked 2nd among privately owned companies in the Corporate Knights Future 50 Fastest-Growing Sustainable Companies in Canada ranking in June 2022. The company has also made it onto the prestigious Global Cleantech 100 list every year since 2019.
Founded in 2007, Svante has grown to employ over 200 employees from BC and other parts of the world. It is set to continue to hire throughout 2023. The company’s new world headquarters, the Centre of Excellence for Carbon Capture & Removal, currently under construction in Burnaby, BC, Canada, is expected to house over 300 employees, and will be the first facility in the world to manufacture Svante’s patented filter modules, which capture carbon dioxide emissions from the atmosphere and from industrial flue gas. The Centre of Excellence for Carbon Capture & Removal will produce enough filters to capture multi-millions of tonnes of CO2 each year across hundreds of carbon capture plants globally. The Great Place to Work® announcement follows Svante’s Series-E fundraising round in mid-December 2022, in which the company raised over US$318 million, led by Chevron New Energies.
About Svante
Founded in 2007, Svante offers companies in emission-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005334/en/
Contacts
Media
Colleen Nitta
Director of Marketing & Communications
cnitta@svanteinc.com
+1 (604) 970-2813
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