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SA’s TradeBRICS named top 15 climatetech start-up
TradeBRICS, a leading South African climate technology start-up, has been awarded as one of the top 15 Africa-focused companies tackling climate change by Viva Technology and the International Finance Corporation (IFC).
According to the Global Carbon Atlas, Africa as a continent is not a significant contributor to climate change, yet it is highly vulnerable to the severe consequences of climate change due to factors such as poverty, large dependency on rain-fed agriculture, insufficient infrastructure, and limited access to resources and technologies necessary for adaptation.
The United Nations predicts that several African communities will be the most affected by the severe impact of climate change if these environmental and social challenges are not effectively addressed by 2030.
In response to this, African countries have been advocating for greater international action on climate change while working to implement policies and strategies to build resilience and mitigate its impacts.
TradeBRICS has been recognised by Deloitte, the knowledge partner of the AfricaTech Awards, as one of the leading innovative start-ups utilising artificial intelligence to tackle climate change issues across Africa.
The company helps companies and governments reduce their carbon footprint by facilitating decarbonisation of their supply chains.
The World Economic Forum estimates that up to 90% of a company’s carbon emissions are from its supply chains.
TradeBRICS has impressed the judges with its disruptive approach to sustainable supply chain management and its cutting-edge technologies, underscoring its commitment to empowering African companies and governments to decarbonise their supply chains by connecting them with local, sustainable suppliers.
“We are thrilled to be recognised among the top 15 Climate Tech start-ups globally that are solving climate change and social issues across Africa. This recognition is a testament that South African-built technology solutions can lead the way in solving the global climate change crisis while making a positive impact in our communities by creating market opportunities for local businesses and significantly creating jobs for local South Africans,” said Shaarad Maharaj, a local South African entrepreneur and director of Supply Chain ESG at TradeBRICS.
“We look forward to the potential opportunity of showcasing our proudly South African-made solution on an international stage in Paris in June 2023.”
The company’s recognition as one of the top 15 Africa-focused companies tackling climate change highlights its commitment to sustainability and its position as a leader in the industry.