Mondelez India Invests in Promethean Energy to Enhance Sustainability through Climate-Tech Solutions
Mondelez India has announced an investment in Promethean Energy, a climate-tech company specializing in decarbonizing industrial heat. This partnership underscores Mondelez India's commitment to innovative solutions for reducing industrial emissions.
Promethean Energy utilizes proprietary IoT technology to capture and reuse waste heat, achieving over 100,000 tons of CO₂ emissions abatement. The investment is made through Sustainable Futures, Mondelez International's platform for early-stage social and environmental ventures, reflecting its goal to embed sustainability across its operations. Promethean Energy develops industrial-grade heat pump systems to replace fossil fuel heating in large facilities.
