Neutral Fuels wins Globally Great Sustainability Innovation award
It was announced that Neutral Fuels is the winner of the Online UAE Innovation Award 2020. “We are delighted to be chosen as the winner of this award”, said Karl W. Feilder, CEO of Neutral Fuels. Other nominees were Eshara Water, and Hyperloop One.
“We surely hope that more companies and schools will now realize that we can provide a solution to significantly reduce both carbon footprint and air pollution”, he continued. Neutral Fuels is active since 2011 when it opened the UAE’s first cleantech biofuel refinery in Dubai. The facilities use local waste cooking oils from McDonald’s and transform them into clean, green net zero biofuel which can run in any diesel engine without any modifications.
The conditions for participation in both awards were a direct relevance to the ADSW pillars, including offering an innovative solution to a pressing sustainability challenge, an alignment with the UAE Vision 2021, and the innovation needs to be applicable in the United Arab Emirates.
In 2019 the prestigious award was won by The Waste Transformers, an innovative company that creates decentralized, nutrient and energy hubs (called Waste Transformers) by transforming non-consumable (food) waste streams into clean energy feeding back into the building, and turning the nutrients into a natural fertilizer. A process that is completely executed on-site where the waste is produced.
Neutral Fuels CEO Feilder: “This award is a superb recognition of the pioneering work we have been doing in the UAE and overseas to provide real world solutions TODAY to the Net Zero fuel challenges of sustainability. A heart-felt thank you to our customers, our magnificent team, and the Ministry of Climate Change for their support.”
About Karl W. Feilder: Founder, CEO and Chairman of The Neutral Group and Neutral Fuels, Karl W. Feilder is a serial tech entrepreneur, sustainability advocate and international speaker. His direct actions to mitigate climate change have resulted in over 14 million tonnes of CO2e savings from global corporations. Karl has previously built five companies to exit via trade sale, and taken two more to their Initial Public Offering (IPO). A British national, Karl is now preparing its Neutral Fuels LLC subsidiary, a company that produces bio-fuel from used cooking oil, for an IPO on the London AIM stock market in 2023. Karl is the host of Middle East podcast and video series, Not Another Empty Suit.
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