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MIT and Mexico City select Oxtron to accelerate the energy transition

  • GHG emissions must be reduced in a range of 40 to 70% by 2050, according to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC).

  • The Energy Transition Accelerator is a program developed and directed by MITdesignX, the Center for Entrepreneurship and Innovation at the MIT School of Architecture and Planning, which selects emerging companies to promote their products and services.

  • Oxtron is part of these selected companies by offering a comprehensive solution for the monitoring, capture and transformation of carbon emissions, which enables companies to obtain certifications and bonuses.

Mexico City, July 19, 2023.- In the midst of growing concern about climate change and its devastating impacts, the implementation of programs and strategies to favor companies towards an energy transition has become a key goal to reduce greenhouse gas (GHG) emissions and promote a low carbon economy.

The data supports the importance of this type of action. According to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), GHG emissions must be reduced in the range of 40 to 70% by 2050, compared to 2010 levels, in order to limit the increase in temperature global to 1.5 degrees Celsius. This objective can only be achieved through coordinated actions of the public and private sectors.

As part of this effort, the Massachusetts Institute of Technology (MIT) in collaboration with the Government of Mexico City, has launched the CDMX Energy Transition Accelerator program, known as MITdesignX. This program will consist of a series of two-part workshops, taught by MIT professors in the Mexican capital this summer. These workshops will be aimed at 8 teams of start-up companies that seek to develop solutions for the challenges and opportunities related to the energy transition.

Among the 8 companies selected to participate in this acceleration process is Oxtron, a Mexican company specialized in CleanTech. Oxtron is dedicated to helping organizations adopt renewable energy, implement energy efficient technologies and apply circular economy principles through comprehensive environmental impact management. Its focus covers the measurement, control and capture of greenhouse gas (GHG) emissions throughout the companies' value chain.

“It is an unparalleled opportunity to achieve carbon reduction goals and reduce the environmental impact of companies and the economic sector. Embracing net-zero technology can generate opportunities such as access to financial boosts, technical guidance, and networking opportunities within the sustainable business ecosystem,” says Jazmín Salazar, CEO and founder of Oxtron, a Mexican entrepreneur who, with her innovative mindset, seeks help companies reduce their carbon footprint and transition to more environmentally friendly practices

For his part, Gilad Rosenzweig, executive director of MITdesignX, considered that “companies like Oxtron play a fundamental role in achieving the energy transition, especially in the SME sector. Oxtron's product enables companies to gain crucial validation of emissions reductions, which encourages and proves the implementation of positive environmental processes that reduce carbon emissions. In addition to the positive environmental impact that Oxtron generates, it also adds distinctive value of competitive advantage to a business. In addition, its innovative approach not only seeks to reduce emissions, but also to drive the adoption of clean technologies and generate economic opportunities through new markets."

The economic benefits of this approach are obvious. Companies that proactively address their carbon emissions are better prepared to mitigate the risks associated with climate change, while earning a trade mark that can mean a market advantage. By integrating carbon emissions assessments and monitoring into their operations, companies can safeguard their assets, ensure the continuity of their supply chains, and ensure their long-term viability.

The path towards a low carbon economy presents challenges, but also opportunities. Mexico has great potential to lead this transition thanks to its wealth of natural resources, its government commitment and the active participation of companies. It is essential that both the public and private sectors have allied technologies for capturing and transforming carbon emissions to encourage the adoption of sustainable practices and promote a resilient, low-carbon economy that benefits both the environment and society in general. its set.

About Oxtron

Oxtron – a Mexican company that is part of the Ellen MacArthur Foundation community – offers companies science-based carbon accounting software, as well as a custom carbon capture system that helps reduce their carbon footprint on site. The company has assembled a team whose expertise in environmental sciences, chemistry, product design, and software and hardware development enables them to help companies become leaders in sustainability. It is a comprehensive solution that calculates the entire climate footprint, obtains information to reduce its impact, and captures unavoidable greenhouse gas emissions for the generation of raw materials.

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