Business Wire

BAC Partners with Poseidon to Become the First Car Manufacturer to Go ‘Climate Positive’

Jaa

Briggs Automotive Company (BAC) based in Liverpool has become the first car manufacturer in the world to go ‘climate positive’, setting a new industry standard for climate action. Becoming climate positive means that BAC will contribute to the removal of more carbon dioxide from the atmosphere than it emits.

To deliver on its commitment to protect the environment, the maker of the world-famous Mono supercar has partnered with the Poseidon Foundation. Poseidon gives individuals, organisations and governments the opportunity to rebalance their carbon footprint by supporting forestry conservation projects around the world using blockchain technology.

As the manufacturer of the world’s only single-seater, road-legal supercar used primarily to enjoy the sport of driving in its purest form, BAC is conscious of its environmental impact; and it will be taking measures to ensure current and future customers are offered the opportunity to do their bit for the environment.

With immediate effect, BAC will rebalance the climate impact of its operations; namely the production and distribution of the Mono supercar worldwide. Whenever a BAC customer completes a transaction – from purchasing to servicing a Mono – they will be offered the opportunity to make an additional contribution through Poseidon’s platform which goes directly towards forest conservation. It is BAC’s aim to drive behavioural change in the automotive sector by engaging its customers in climate action.

With the help of Poseidon, BAC will contribute to forest conservation projects around the world. One such project lies in Peru’s Cordillera Azul National Park, which is home to 6,000 plant species, 11 endangered large mammals, and where the average tree is over 400 years old. Efforts to conserve forests are incredibly effective because trees act as carbon sponges, providing a natural solution to climate change.

BAC is no stranger to technological world-firsts – having developed the first hybrid carbon-composite wheels and body panels made from innovative material graphene. The partnership with Poseidon sees BAC lead the car industry on an environmental level, too.

Ian Briggs, BAC Co-Founder and Design Director, said: “We are absolutely delighted to team up with Poseidon and take this important step towards becoming a climate-positive manufacturer. We already implement measures that reduce our carbon footprint; through our UK-based supply chain, using lighter weight materials and a higher grade of material in a more efficient way – and working with Poseidon will allow us to protect the environment even more.

“At BAC, we are totally committed to embracing new technology and are devoted to designing and developing more and more carbon-friendly products as technological advancements are made. As time goes on, BAC will work towards producing climate-positive products and setting further environmental examples in the automotive world.”

Laszlo Giricz, Founder and CEO of Poseidon, added: “We are thrilled to be partnering with BAC who, like us, believe that innovation is key to changing the world. If we don’t do more to change global behaviours, we will exceed the 1.5°C limit set by the Paris agreement by 2027. It is imperative that we work together to address humanity’s carbon impact and put a halt to climate change.”

Mayor of Liverpool Joe Anderson, who is leading a programme to cut the city’s carbon emissions by 35% by 2020, said: “I’m delighted that BAC is leading the way by using this cutting-edge technology. I’ve no doubt this approach will have a revolutionary impact on the motor industry and once again underlines Liverpool’s fabulously rich track record for innovation and its position as one of the UK’s most progressive cities in tackling climate change. We are wholly committed to supporting private companies that are making a real environmental difference and hope this innovative partnership between BAC and Poseidon is the first of many such projects in the region.”

Notes to Editors

About BAC

Bespoke supercar manufacturer BAC (Briggs Automotive Company) is based in Liverpool and was co-founded by brothers Ian and Neill Briggs. It produces the fast and highly acclaimed Mono supercar, a single-seater formula-style car that provides a visceral and exhilarating driving experience.

Since its launch in 2011 it has been going from strength to strength and is now sold in several markets around the world. It launched with great success and fanfare in Hong Kong at the end of 2015, with eight cars sold in a single night. BAC dealers can also be found in North America, Japan and London.

The 2016 model year version of the Mono comes with a four-cylinder 305bhp 2.5-litre Mountune engine, which takes the 580kg car from 0-60mph in just 2.8sec.

BAC recently launched a carbon hybrid wheel and announced the use of super material graphene, which is up to 20 per cent lighter than carbon fibre and as much as 200 times stronger than steel.

Despite its global appeal, BAC Mono remains proudly British, with parts sourced from its home country wherever possible.

Useful links:

Website: www.bac-mono.com
Facebook: facebook.com/bacmono
Twitter: twitter.com/DiscoverMono

About Poseidon

Poseidon is a non-profit foundation that empowers everyone to rebalance their climate impact with a breakthrough approach. Using blockchain technology, it, for example, integrates carbon markets into transactions at the point-of-sale, giving consumers the opportunity to rebalance the climate impact of their lifestyle choices by supporting forestry conservation projects around the world when they buy everyday items. With a comprehensive offering for individuals, organisations and governments, Poseidon will transform people’s relationship to their carbon footprint, encourage vital behaviour change and unlock the considerable growth potential of carbon markets to effectively address climate change.

To find out more about Poseidon – www.poseidon.eco

Contact information

Hawthorn Advisors for Poseidon Foundation
Edward Jones-Davies, +44 (0) 20 3745 4977
e.jones-davies@hawthornadvisors.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Toshiba Memory and Western Digital Celebrate the Opening of Fab 6 and Memory R&D Center at Yokkaichi, Japan19.9.2018 07:00Tiedote

Toshiba Memory Corporation and Western Digital Corporation (NASDAQ:WDC) today celebrated the opening of a new state-of-the-art semiconductor fabrication facility, Fab 6, and the Memory R&D Center, at Yokkaichi operations in Mie Prefecture, Japan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180918006193/en/ Fab 6 and Memory R&D Center, Yokkaichi Operations (Photo: Business Wire) Toshiba Memory started construction of Fab 6, a dedicated 3D flash memory fabrication facility, in February 2017. Toshiba Memory and Western Digital have installed cutting-edge manufacturing equipment for key production processes including deposition and etching. Mass production of 96-layer 3D flash memory utilizing the new fab began earlier this month. Demand for 3D flash memory is growing for enterprise servers, data centers and smartphones, and is expected to continue to expand in the years ahead. Further investments to expand its production wil

Hillhouse Capital Closes US$10.6 Billion Fund IV19.9.2018 05:29Tiedote

Hillhouse Capital announced today the close of Hillhouse Fund IV, L.P. The fund was heavily oversubscribed, closing with aggregate commitments of US$10.6 billion. From partnering with visionary founders at company inception, to undertaking buyouts of iconic brands, the flexibility of Hillhouse's mandate enables it to be highly selective in choosing investments. Hillhouse Fund IV will pursue opportunities across the healthcare, consumer, technology and services sectors globally, with a focus on Asia. With the new fund, Hillhouse will continue to work closely with entrepreneurs and management teams in pursuit of sustainable, long-term growth. In its private equity investments, Fund IV will implement Hillhouse's strategy of leveraging its extensive operating capabilities and deep understanding of technology to create long-term value. Hillhouse aims to reignite growth through digital enablement of traditional businesses, as it has done in the retail space with its buyout of Belle Internati

Rockwell Automation Opens Registration for 2018 Automation Fair18.9.2018 17:54Tiedote

Registration is now open for the 2018 Automation Fair, hosted by Rockwell Automation and members of its global PartnerNetwork program. The 27th annual Automation Fair will be held Nov. 12-15 at the Pennsylvania Convention Center. The event brings together approximately 10,000 manufacturers and producers from across the globe to learn about the newest innovations in automation and take part in training, industry forums and networking events. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180918005725/en/ Automation Fair will feature more than 150 exhibits showcasing the latest product innovations for industrial manufacturing and production. Hosted by Rockwell Automation and members of its PartnerNetwork, the event offers more than 400 hours of educational opportunities through forums, hands-on labs and technical sessions. (Photo: Business Wire) “The next industrial transformation is here – and meeting its demands requires a m

Seoul Semiconductor Supplies Optimal LEDs ‘SunLike’ to Large Scale Applications of Lumitronix in Germany18.9.2018 16:33Tiedote

Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a market leader in LED (light emitting diode) design and manufacturing, supplied the innovative LEDs “SunLike” to Lumitronix, the LED specialist located in Baden-Württemberg, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180918005626/en/ The Modules with SunLike LEDs. (Photo: Business Wire) In cooperation with Seoul Semiconductor, Lumitronix has also developed three optimal SunLike modules to provide customers with a standardized solution and expand its adoption in the lighting market. Two of the LED modules comply with the standard of Zhaga, a global association of lighting companies, for Book 7 L56W2 and Book 7 L28W2 and enable easy replacement in various industrial applications. The modules named LinearZ are available in one feet and two feet length. The model LinearZ 280-26 measures 280 mm and is equipped with 26 SunLike LEDs and has a light output of up to 700 lm.

Andersen Global Continues South American Expansion With BKM Berkemeyer18.9.2018 16:30Tiedote

Andersen Global announces further growth in South America with the signing of a Collaboration Agreement with BKM Berkemeyer, one of the oldest and largest law firms in Paraguay. With two locations in the capital city of Asunción, the firm has a headcount of nearly 150 professionals, including ten Partners and over 60 lawyers. Established in 1951, BKM Berkemeyer is led by Managing Partner Hugo Berkemeyer and provides legal solutions to both domestic and international clients. The firm delivers advice in all areas of law, including business and corporate, taxation, litigation, environment, employment and intellectual property, with a notable expertise in international transactions and business matters. BKM Berkemeyer also specializes in M&A’s, joint ventures, foreign investment, infrastructure, project finance and financial transactions, advising also on issues regarding telecommunications, water and energy projects. Hugo commented, “Our focus at BKM Berkemeyer has been to provide flexib

175 Million Europeans Have Sleep Apnoea, Highlighting Scale of Global Health Crisis18.9.2018 16:05Tiedote

Roughly 175 million Europeans have obstructive sleep apnoea, according to a late-breaking abstract presented by ResMed today at the European Respiratory Society’s annual ERS Congress in Paris. Leading researchers estimate 90 million Europeans have moderate to severe sleep apnoea, meaning they experience at least 15 breathing events an hour during sleep. These statistics are based on the latest scoring rules for determining one’s apnoea–hypopnoea index (AASM 2012) and are connected with a 16-country study announced in May 2018 that revealed an estimated 936 million people worldwide have sleep apnoea, a chronic sleep-disordered breathing condition associated with increased risk of mortality and reduced quality of life. The new global prevalence is nearly tenfold higher than the previous one – 100 million – estimated by the World Health Organization in 2007. European countries with the highest prevalence are: Russia, 40 million Germany, 26 million France, 24 million Ukraine, 13 million Sp

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme