Profits With A Purpose

How A Startup Is Helping European Chemical Companies Tackle The SDGs


Photanol, a World Economic Forum Tech Pioneer, is making the chemical sector more climate-friendly by helping three European chemical companies build circular carbon products. Its unique technology promises to produce chemicals used in the making of products ranging from plastics to fertilizer and facial peels in a biological, sustainable and cost-effective way, while reducing atmospheric CO2. It is just one example of how collaborations between startups and corporates can help solve the United Nations’ Sustainable Development Goals (SDGs) and make European industry more competitive.

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About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.