Solvent Recycling Solutions (SRS) now qualified as a “Climate Solution” under the Exponential Roadmap Initiative’s (ERI) Climate Solutions Framework thanks to reducing CO2e emissions by up to 81% compared to other solvent processes on the market.
By developing new recycling and circular solutions Ragn-Sells together with Vilokan in the SRS joint venture are taking action to shift society towards net zero. Products from the SRS now qualify according to the ERI’s Climate Solutions Framework, which requires significant emission reductions compared to business-as-usual.
The Climate Solutions Framework was developed under the Exponential Roadmap Initiative to guide financial institutions and corporations in making informed decisions that lead to significant emissions reductions while avoiding greenwashing. This framework sets out criteria anchored in science for defining climate solutions and climate solutions companies. Read more about the Climate Solutions Framework, which contains the criteria that the SRS product has been assessed against: https://exponentialroadmap.org/climate-solutions-framework/
The ERI itself is a collaborative climate initiative uniting companies that are innovators, disruptors and transformers to drive exponential action to halve emissions by 2030 while raising business results. ERI is an accredited partner of the Race to Zero, led by the United Nations High-Level Climate Champions.
Ragn-Sells has pledged to contribute with circular solutions that ensure that by 2030 at least 2 million tonnes of emissions (CO2e) per year are avoided. This ambitious goal requires collaborative efforts and increased transparency across material value chains. Partnerships, such as joining the climate initiative Exponential Roadmap Initiative (ERI) is one important way to achieve increased collaboration.
“The Climate Solutions Framework gives clear criteria and an assessment structure that supports the development and scaling of innovative products like our Solvent Recycling Solutions system. Holding this qualification strengthens our conversations with investors, policymakers, and customers, and guides internal decisions on prioritising current and future portfolio investments,” says Pär Larshans, Ragn-Sells Sustainability Director.
SRS is a joint venture between environmental company Ragn-Sells and environmental technology company Vilokan Group. Through advanced technology, we aim to create new products from what was previously considered waste with the potential to process up to 20,000 tons of waste solvents per year, including substances such as:
"With the ERI Climate Solutions Framework, our Solvent Recycling Solutions are verified as impactful, emissions-reducing products. This credibility unlocks investment, guides scaling, and lets us set intensity-based targets, allowing growth without limiting climate performance, while supporting industries in building a circular economy aligned with a net-zero future," says Anders Gustafson, Regional Manager at Ragn-Sells.
For more information contact:
Pär Larshans, Chief Sustainability Officer at Ragn-Sells Group, +46 70 927 29 63, par.larshans@ragnsells.com
Debby Porter Laffitte, Press Officer, Ragn-Sells, +46 10-723 24 00, press@ragnsells.com
The environmental company Ragn-Sells converts waste into raw materials that can be used over and over again. Ragn-Sells drives the transition to a circular economy through solutions that reduce its own and other actors' environmental and climate impact. Ragn-Sells is a family owned corporate group founded in 1881. The company operates in four countries and employs 2,760 people. In 2024, Ragn-Sells’ turnover was SEK 8.8 billion. www.ragnsells.com
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