New energy pioneers: Envirofit

New energy pioneers: Envirofit

Envirofit is a social enterprise that innovates smart energy products and services to improve lives on a global scale. Envirofit has developed a line of smart clean cooking technologies that cook faster while reducing fuel use, smoke, and toxic emissions.

Envirofit’s stoves reduce exposure to toxic emissions by up to 80%, use 60% less fuel, and cook faster while reducing costs

How are they disrupting their industry?

Envirofit has enabled access to clean cookstoves for 6 million people and created more than 400 direct jobs and 1200 indirect jobs. Envirofit has sold 1.5m cookstoves in 45 countries across Africa, Asia and Latin America.

Over their five-year life, these stoves will reduce more than 20 million tons of CO2 and generate $165 million in fuel savings for consumers.

Source: Bloomberg New Energy Finance (Bnef)

Date: September 2017

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